Telehop Welcomes New Investor



    TSX VENTURE SYMBOL: HOP

    TORONTO, Aug. 21 /CNW/ - On Tuesday, August 19, 2008, 1113589
Ontario Inc. acquired 2,344,500 common shares of Telehop Communications Inc.
(TSX. HOP) representing approximately 17.6 per cent of the total issued common
shares of Telehop. In the August 19th Press Release announcing the
acquisition, Jim Estill is shown as the authorized signing officer of 1113589.
    Hersh Spiegelman, CEO and Founder of Telehop, is pleased to welcome this
new investor and states, "I know of Jim Estill. It seems that Jim Estill
believes in our company and any input from him will be greatly appreciated.
Mr. Estill brings with him a long history of achievement in the technology
sector and we look forward to a mutually beneficial relationship that will
enhance the equity of Telehop."
    Jim Estill and Hersh Spiegelman have similar beginnings. Both
entrepreneurs started their business from nothing, Jim in the trunk of his car
and Hersh in his basement. Telehop has grown to a $20 million venture while
EMJ grew to a $350 million venture. Given this common history, Hersh
Spiegelman and the Board of Director's of Telehop look forward to any
contribution Mr. Estill could make to take Telehop to the next level of growth
and profitability.

    About Telehop Communications Inc.

    Telehop is licensed by the CRTC and provides a complete range of
value-priced telecommunications services to Canadians in both residential &
business markets. Telehop offers its branded 10-10-620 and the 10-10-100 Dial
Around Services and "WorldTalk(TM)" 'Equal Access' Long Distance and
alternative Directory Assistance Programs. Telehop also provides toll free
numbers, Virtual Calling Cards, and "Broadtalk(TM)" VOIP flat rate service.

    For more information on Telehop's products and services check our
websites; www.telehop.com; www.myworldtalk.com; www.1010100.com;
www.1010620.com; and www.broadtalk.ca

    At December 31, 2007

    
    Shares Outstanding;   - 13,363,500
    Fully Diluted;        - 14,237,000
    

    More investor information on Telehop (HOP-TSX Venture) may be obtained at
    http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00004365

    %SEDAR: 00004365E




For further information:

For further information: Telehop Communications Inc., Hersh Spiegelman,
Chaiman & Chief Executive Officer, (416) 494-4490, 1-888-846-7654,
http://www.telehop.com

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Telehop Communications Inc.

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