SCHIPHOL, The Netherlands, Sept. 26, 2012 /PRNewswire/ -- Elephant Talk Communications Corp. (NYSE MKT: ETAK) formerly (NYSE Amex: ETAK) (www.elephanttalk.com), an international provider of business software and services to the telecommunications and financial services industries, announced today that it will be hosting its annual stockholder meeting on October 4, 2012.

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The following proposals will be submitted for shareholder approval, as fully described in the proxy statement filed with the U.S. Securities and Exchange Commission and distributed to shareholders on August 24, 2012.

1. To elect five directors for a term expiring at the Company's next annual meeting or until their successors are duly elected and qualified;
2. The approval of our issuance of shares in connection with the conversions and stock payments associated with certain 8% senior secured convertible notes issued on March 30, 2012;
3. To ratify the appointment of BDO USA LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2012;
4. To conduct a non-binding advisory vote on executive compensation;
5. To conduct a non-binding advisory vote recommending the frequency of advisory votes on executive compensation;
6. To transact such other business as may properly come before the meeting or any adjournment or postponements thereof.

Following the conclusion of the Annual Stockholder Meeting, Steven van der Velden, CEO and Chairman of Elephant Talk Communications, and Pat Carroll, CEO of ValidSoft, will provide a company update.

About Elephant Talk Communications

Elephant Talk Communications Corp. (NYSE MKT: ETAK) formerly (NYSE Amex: ETAK), (www.elephanttalk.com) is an international provider of software and services to the telecommunications and financial services industries. 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. 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).

Investor Relations

Steve Gersten
Elephant Talk Communications
+1 813-926-8920
steve.gersten@elephanttalk.com

Peter Salkowski
The Blueshirt Group
+1 415 489 2184
peter@blueshirtgroup.com

SOURCE Elephant Talk Communications