Splinternet Communications Launches Voice over IP Service for
GoogleTalkTM Users

NORWALK, Conn.--(BUSINESS WIRE)--Splinternet Communications, a
wholly-owned subsidiary of Splinternet Holdings, Inc. (OTCBB: SLNH),
announced that it has launched a service which enables users of the
GoogleTalkTM instant messaging service to communicate with anyone,
anywhere via the Public Switched Telephone Network (PSTN). By inviting
Splinternet to be their "buddy," GoogleTalkTM users can initiate a
voice conversation to any telephone worldwide.

The product is currently in beta testing, and commercial launch is
expected later this month. Initial promotions will give all new users
a small credit, enabling them to use the service for a short period of
time at no charge. After the initial credit is used up, users will be
asked to provide any major credit card, and will pre-pay for the
service on a per-minute basis, without a recurring monthly fee. Their
accounts will be debited as minutes are used. Fees will be competitive
with existing VoIP services.

James Ackerly, Splinternet Holdings' CEO, commented, "We are thrilled
to provide Google's customers with the opportunity to expand their
GoogleTalkTM client software functions. Now they will be able to hold
voice conversations with users on cell phones and land line phones
around the world, in addition to PCs. We believe that ultimately all
voice calls will be internet-enabled, and Splinternet's new
gTalk-to-PSTN service is just one avenue to capture that revenue
growth. Our GoogleTalkTM service is just one of the many opportunities
that Splinternet is currently pursuing, and we believe our flexible
architecture and scalable products will allow us to target many
similar growth opportunities."

Splinternet, Google, GoogleTalk and gTalk trademarks are held by their
respective owners and there is no currently executed agreement to
cross-market the above-mentioned products and services when they are
released from beta.

About Splinternet Holdings, Inc.

Splinternet Holdings (www.splinter.net) is a holding company whose
single current wholly-owned subsidiary is Splinternet Communications.
Splinternet Communications is a developer of products, services, and
marketing strategies centered around opportunities in Internet
Telephony. Splinternet Communications' approach is to develop products
and services that will capitalize on the shift in telecommunications
technologies from traditional telephony to Voice over Internet
Protocol (VOIP) by creating a diversified suite of offerings which
have a broad range of functionality and will, in the aggregate, meet
the needs of the largest possible addressable market. Centered on a
core technology, current projects include the above GoogleTalk-to-PSTN
service, Hosted retail VOIP service, and Wholesale Carrier service.
Splinternet is committed to being the lowest cost provider and to use
partnership marketing whenever possible, allowing the company to
quickly take advantage of market and regulatory shifts
internationally. Splinternet Holdings is actively seeking investment
opportunities in companies which would benefit from using VOIP to
lower their cost of providing services to existing communications
customers.

SEC Filings and Forward-Looking Statements

Certain statements made in this release are forward-looking
statements. Forward-looking statements are based on the then-current
expectations, beliefs, assumptions, estimates and forecasts about the
business of Splinternet Holdings, Inc. and the industries and markets
in which Splinternet Holdings, Inc. operates. These statements are not
guarantees of future performance and involve risks, uncertainties and
assumptions, which are difficult to predict. Therefore, actual
outcomes and results may differ materially from what is expressed or
implied by these forward-looking statements. Factors which may affect
the forward looking statement identified above and Splinternet
Holdings, Inc.'s business, financial condition and operating results
generally include the effects of adverse changes in the economy,
reductions in consumer spending, declines in the financial markets and
the industries in which Splinternet Holdings, Inc. and its partners
operate, adverse changes affecting the Internet and Voice-Over-IP
(VOIP) telephony , the ability of Splinternet Holdings, Inc. to
develop and maintain relationships with strategic partners and
suppliers and the timing of its establishment or extension of its
relationships with strategic partners, the ability of Splinternet
Holdings, Inc. to timely and successfully develop, maintain and
protect its technology and product and service offerings and execute
operationally, the ability of Splinternet Holdings, Inc. to attract
and retain qualified personnel, the ability of Splinternet Holdings,
Inc. to successfully integrate its acquisitions of other businesses,
if any, and the performance of acquired businesses. Splinternet
Holdings, Inc. expressly disclaims any intent or obligation to update
these forward-looking statements, except as otherwise specifically
stated by Splinternet Holdings, Inc.