XFN Xfone Common Stock

JACKSON, Miss., May 2 /PRNewswire-FirstCall/ -- XFONE, Inc. (AMEX:XFN) ("XFONE" or "the Company"), a provider of international voice and data communications services, today announced that the Company will report its financial results for the three months ended March 31, 2006 on Monday, May 15, 2006. XFONE will also host a teleconference on Tuesday, May 16, 2006, beginning at 9:15 AM Eastern, and invites all interested parties to join management in a discussion regarding the Company's financials, corporate progression and other meaningful developments. The conference call can be accessed in the U.S. by dialing toll-free 1-800-240-4186. International callers can access the call by dialing 303-262-2125. For those unable to participate at that time, a replay of the teleconference can be accessed domestically by dialing 1-800-405-2236 and enter the pass-code 11059904#. International callers may dial 303-590-3000 and enter the pass-code 11059904#. The replay will be available for 30 days. About XFONE, Inc. A U.S.-domiciled corporation, XFONE, Inc. is a voice, video 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; reselling opportunities; and email and fax broadcasting services. The Company serves customers across Europe, Asia, North America, South America, Australia and Africa. This press release contains forward-looking statements. The words or phrases "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." XFONE's financial and operational 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 news 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, 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: Elite Financial Communications Group Dodi Handy, 407-585-1080 DATASOURCE: XFONE, Inc. CONTACT: Dodi Handy of Elite Financial Communications Group, +1-407-585-1080, or Web site: http://www.xfone.com/

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