SCHIPHOL, THE NETHERLANDS--(Marketwire - Dec 5, 2011) - Elephant Talk Communications Corp. (NYSE Amex: [ ETAK ]) ([ www.elephanttalk.com ]), an international provider of business software and services to the telecommunications and financial services industries, announced that its common stock will officially begin trading on the NYSE Amex today under the symbol "ETAK." The Company originally announced approval for trading on the exchange December 1, 2011. Elephant Talk has selected Knight Capital Group as its Designated Market Maker.

As a reminder Elephant Talk will host a Shareholder Update Conference Call on December 8, 2011 at 4:15 p.m. (EST). The call will be to discuss the Company's recent transition to the NYSE Amex exchange, in addition to other major milestones that the Company has achieved.

Anyone interested in participating should dial 1-480-629-9808 approximately 5 to 10 minutes prior to 4:15 p.m. Participants should ask for the Elephant Talk Shareholder Update conference call. To listen to the playback please utilize the webcast by visiting the company's website at [ www.elephanttalk.com ].

About Elephant Talk Communications
Elephant Talk Communications Corp. (NYSE Amex: [ ETAK ]) is an international provider of business software and services to the telecommunications and financial services industry. The company enables both mobile carriers and virtual operators to offer a full suite of products, delivery platforms, support services, superior industry expertise and high quality customer service without substantial upfront investments from clients. Elephant Talk provides global telecommunication companies, mobile network operators, banks, supermarkets, consumer product companies, media firms, and other businesses a full suite of products and services that enables them to fully provide telecom services as part of their business offerings. The company offers various dynamic products that include remote health care, credit card fraud prevention, mobile internet ID security, multi-country discounted phone services, loyalty management services, and a whole range of other emerging customized mobile services. For more information, visit ([ www.elephanttalk.com ]).

About ValidSoft
ValidSoft is a subsidiary of Elephant Talk Communications Corp. (NYSE Amex: [ ETAK ]) ([ www.elephanttalk.com ]), and is a market leader in providing solutions to counter electronic fraud relating to card, the internet, and telephone channels. ValidSoft's solutions are at the cutting edge of the market and are used to verify the authenticity of both parties to a transaction (Mutual Authentication), and the integrity of the transaction itself (Transaction Verification) for the mass market, in a highly cost effective and secure manner, yet easy to use and intuitive. For more information, please visit ([ www.validsoft.com ]).

Forward-Looking Statements
Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company's plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company's industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, the actual results and performance of the Company may differ materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from that projected or suggested is contained in the Company's filings with the Securities and Exchange Commission ("SEC"), copies of which are available from the SEC or may be obtained upon request from the Company.