ETAK - Elephant Talk Communications, Inc.

Elephant Talk Communications (Elephant Talk), is an international provider of business software and services to the telecommunications and financial services industries. Elephant Talk provides telecommunication companies, mobile network operators (MNO), banks, supermarkets, consumer product companies, media firms and other businesses a full suite of products and services that enables them to provide telecom services as part of their business offerings. The Company offers various products, which include remote health care, credit card fraud prevention, mobile Internet identification (ID) security, multi-country discounted phone services, management services and a range of other mobile services. Its subscribers are wholesale customers of Vizzavi (a subsidiary of the Vodafone group) in Spain and T-Mobile in the Netherlands. On March 17, 2010, the Company acquired ValidSoft Ltd (ValidSoft).