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<p align="center"><span style="font-family: Arial"><b>
<font size="5">Introducing "Vocalscape, Inc." - VCSC</font></b></span></p>
<p align="center"><b><span style="color: red; font-family: Arial">
GET IN "VCSC" NOW! HUGE NEWS - </span></b></p>
<p align="center"><FONT face=Arial,Helvetica,sans-serif color=#000033 size=3><B>Vocalscape Signs
Licensing Agreement With ISPhone, Inc.</B></FONT></p>
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<p align="center"><font color="#FF0000" face="Arial"><b>As
you can see VCSC just started trading and buying shares at 30-50
cents is just stealing the shares!</b></font></p>
<p align="center"><font face="Arial"><b>SPECULATIVE TARGET PRICE IN
NEXT 3-5 DAYS: $0.85 - 0.95<br>
SPECULATIVE TARGET PRICE IN NEXT 20-30 DAYS: $1.10</b><br>
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<p align="center"><font face="Arial" size="2"><b>
=============================<br>
ABOUT THE COMPANY<br>
============================= </b><br>
</font><font face="Arial"><b><font color="#FF0000" size="2">
VOCALSCAPE</font></b> delivers high-performance, scalable,
open-systems packages. Businesses can offer a quality voice service
to anywhere in the world at rates that are significantly lower than
current long distance charges. </font><font face="Arial" size="2">
They develop propriety software to run VOIP networks, and sell,
install and service our own branded VOIP gateways and gatekeeper
control software. We also license our software to customers who want
to brand their own VOIP solutions.</font><font face="Arial"> </font>
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<p align="center"><font face="Arial"><b>
<font color="#FF0000" size="2">VOCALSCAPE</font></b> is constantly
expanding into many new locations around the world, and as gateways
are added, the rates for Internet telephony will continue to
decrease. All the while, </font><b>
<font face="Arial" color="#FF0000" size="2">VOCALSCAPE</font></b><font face="Arial">
continues to add unique, value-added services to its already
impressive line-up. The Company was incorporated on November 05,
1998 in Delaware. On February 11, 2004, the Company announced that
it has begun trading its common stock on the OTC Pinks Sheets under
the symbol <b>VCSC</b>.On May 11th 2004 the Company effected a
ten-for-one forward stock split of the Company's common stock.<br>
</font></p>
<p align="center"><font face="Arial" size="2">
=============================<br>
***COMPANY NEWS***<br>
============================= </font></p>
<p>KATONAH, N.Y., Aug 27, 2004 /PRNewswire-FirstCall via COMTEX/ -- Vocalscape Networks, Inc.(TM) (Pink Sheets: VCSC), announces the company has entered into a licensing agreement with ISPhone Inc. to license Vocalscape's proprietary Eyefon, an award winning VoIP soft phone product. </p>
<p>The terms of the agreement include a five year license of Vocalscape's Eyefon, revenue sharing for Web-to-phone revenue derived from all downloads and usages of the Eyefon application, ISPhone's agreement to resell Vocalscape's Eyefon to other Wholesale clients and Carriers, and Vocalscape's access to ISPhone's network services and other value-added products. </p>
<p>ISPhone runs a private VoIP network, which they will use to terminate Web-to-phone calls generated by Eyefon. Eyefon will be utilized by ISPhone to facilitate Web-to-phone and PC-to-Phone calls for their VoIP customer base. </p>
<p>Eyefon is an end-user application that provides high quality Web-to-phone communications from a website or PC to any global telephone number. Eyefon is built for both Prepaid and Post Paid business models, lending itself to applications such as calling card applications, online telephone booths, and customer service applications. Eyefon was developed entirely in-house, including all proprietary H.323 and SIP capabilities. </p>
<p>Vocalscape has agreed to dispatch Web-to-phone and PC-to-phone minutes derived from calls generated through Vocalscape's Eyefon over the ISPhone VoIP network subject to ongoing Quality of Service (QoS) network testing performed by Vocalscape. </p>
<p><b><font face="Arial" color="red">SPECULATIVE TARGET PRICE IN
NEXT 3-5 DAYS: $0.85 - 0.95<br>
SPECULATIVE TARGET PRICE IN NEXT 20-30 DAYS: $1.10</font></b></p>
<p><b><font color="red" face="Arial">Get It Immediately Before The
HUGE Exposure Over The Weekend, It will SkyRocket!</font></b></p>
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<font face="Arial" size="1">Certain statements contained in this
news release may be forward-looking statements within the meaning
of The Private Securities Litigation Reform Act of 1995. These
statements may be identified by such terms as expect", "believe",
"may", "will", "explode","move","undervalued"
and "intend" or similar terms. The information in the
above statement could not be 100% accurate and the newsletter
is not responsible for this. We are NOT a registered investment
advisor or a broker dealer. This is NOT an offer to buy or sell
securities. No recommendation that the securities of the companies
profiled should be purchased, sold or held by individuals or entities
that learn of the profiled companies. This newsletter was paid
$24300 in cash by third party to publish this report. Investing
in companies profiled is high-risk and use of this information
is for reading purposes only. The owners of this newsletter own VCSC shares which they bought prior to this newsletter publishing.
If anyone decides to act as an investor, then it will be that
investor's sole risk. Investors are advised NOT to invest without
the proper advertisement from an attorney or a registered financial
broker. Do not rely solely on the information presented,do additional
independent research to form your own opinion and decision regarding
investing in the profiled companies. Be advised that the purchase
of such high-risk securities may result in the loss of your entire
investment. Void where prohibited. The owners of this publication
or their partners may already own free trading shares in VCSC may
immediately sell all or a portion of these shares into the open
market at or about the time this report is published. Factual
statements are made as of the date stated and are subject to change
without notice. tcmtbl obwtfk yebimf htqmso</font>
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<font face="Arial" size="1">lpsslj</font> <font face="Arial" size="1">eajefd</font>
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