XFN Xfone Common Stock

Stark, Winter, Scheinkein & Co., LLP, an Independent Member of BKR International Limited, to Replace Chaifetz & Schreiber, P.C. LONDON, Jan. 24 /PRNewswire-FirstCall/ -- XFONE, Inc. (AMEX:XFN) ("XFONE" or "the Company"), an international diversified communications services company, today announced that its Audit Committee selected Stark, Winter, Scheinkein & Co., LLP, an independent member of BKR International Limited, to replace Chaifetz & Schreiber, P.C. as the Company's independent auditors, effective January 18, 2006. "We're grateful to Chaifetz & Schreiber for five years of service to our Company," stated Alon Mualem, XFONE's Chief Financial Officer. "Chaifetz & Schreiber is being replaced as part of the Company's policy of rotating its lead and reviewing audit partners after five consecutive years, and not because of any disagreement or for reasons of dissatisfaction. We are pleased to have selected Stark, Winter, Scheinkein & Co., LLP, with its main office located in Denver, Colorado, to provide XFONE with their services and proven expertise that meet the Company's specific needs. "Like many other international companies traded on the American Stock Exchange, it makes sense for us to move to an international audit firm with a structure and capability that matches our current needs. In selecting Stark, Winter, Scheinkein & Co., LLP, our Audit Committee focused on both the organization's ability to serve us in our major operating centers and on the compatibility of the lead designated partner and support that will come from the audit firm for our Company. The Audit Committee chose Stark, Winter, Scheinkein & Co., LLP, for these reasons and we are very pleased with the capabilities, knowledge, motivation and time and attention we expect to receive for the XFONE account," concluded Mualem. About XFONE, Inc. A U.S.-domiciled corporation, XFONE, Inc. is an international voice and data communications services provider with operations in the United Kingdom, the United States and Israel that offers a wide range of services, which include: local, long distance and international telephone services; prepaid and postpaid calling cards; cellular services; VoIP services; reselling opportunities; and email and fax broadcasting services. The Company serves customers across Europe, Australia, North America, South America, Asia and Africa. This press release contains forward-looking statements. The words or phrases "should," "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." The Company's financial results reflected above should not be construed by any means as representative of the current or future value of its common stock. All information set forth in this press release, except historical and factual information, represents forward-looking statements. This includes all statements about the company's plans, beliefs, estimates and expectations. These statements are based on current estimates and projections, which involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These risks and uncertainties include issues related to rapidly changing technology and evolving standards in the industries in which the Company and its subsidiaries operate; the ability to obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new business, and license and sign new agreements; the unpredictable nature of consumer preferences; and other factors set forth in the Company's most recently filed annual report and registration statement. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Readers should carefully review the risks and uncertainties described in other documents that the Company files from time to time with the Securities and Exchange Commission. For More Information, Please Contact: XFONE, Inc. Alon Mualem, Chief Financial Officer, 011-972-39254446 or via email at Or Elite Financial Communications Group Dodi Handy, 407-585-1080 or via email at First Call Analyst: FCMN Contact: DATASOURCE: XFONE, Inc. CONTACT: Alon Mualem, Chief Financial Officer of XFONE, Inc., +011-972-39254446, or ; or Dodi Handy of Elite Financial Communications Group, +1-407-585-1080, or Web site: http://www.xfone.com/

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