Timico Appoints Chris Tombs as Chief Executive

Ex-Vodafone Senior Executive to Boost reach into delivery of fixed, mobile, Internet and converged voice and data solutions for UK SMEs

Newark, UK – August 21, 2006 - Timico Ltd., an independent provider of converged communication services to the business market, today announced a new senior appointment which will boost the company’s reach into the UK marketplace. Commencing immediately, Chris Tombs has been appointed as CEO.

As Chief Executive, Chris will be responsible for the operations and the ongoing development and growth of the business. He brings to his new role over twenty years’ experience of the mobile telephony industry and joins Timico from three years at Vodafone UK where he had responsibility for Enterprise customer management. Before joining Vodafone, Chris was a director of Project Telecom for four years from 1999. Prior to this, between 1984 and 1999, Chris had held a variety of sales and marketing roles at Vodafone Limited, including the position responsible for market planning and communications.

“I am really looking forward to be joining the Timico team with its strong customer service ethos and highly experienced people”, says Chris Tombs. “With such passion for bringing the converged communications revolution to small and medium sized businesses across the UK, the next chapter looks to be a very exciting one.”

Tim Radford, Chairman at Timico, comments: “Chris’s experience, especially his B2B expertise, will be invaluable in his new role, which will help to develop our business and strengthen our position within the marketplace.”

About Timico

A market leader in the provision of VoIP for Business services, Timico is an independent provider of fixed, mobile, internet and converged communication services to the business market and a “one stop shop” for all the communication needs for small and medium sized businesses. Founded in 2004 by a highly experienced management team, Timico brings an unrivalled understanding of its customers' needs, delivered through its independence, its high levels of customer service and a desire to help its customers to operate more effectively. The company’s portfolio of services includes fixed line, mobile and internet voice and data services. For more information visit www.timico.co.uk

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For media information:

Mary Burtt Suzie Warren

MB PR Marketing Manager

020 8968 2087 Timico

01636 670 893