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Vyke Communications (VYKE)

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Friday 20 July, 2007

Vyke Communications

AGM Trading Update

Vyke Communications PLC
20 July 2007




                            Vyke Communications plc
                           ('Vyke' or 'the Company')

       Trading update for second quarter shows continued growth momentum

Vyke is pleased to announce that it has continued its strong growth through the 
second quarter of July 2007, continuing the momentum gained during the first 
quarter of 2007.

For the reported period, the total number of paid customer accounts of the Vyke 
suite of IP-based products increased by 30% over Q1 2007, with the total number 
of calls placed via the Vyke product suite growing by 11% over the same period.

Sales of the Vyke product suite represented 59% of the Company's total retail 
billing during Q2, compared to 56% in Q1 2007.

Tommy Jensen, Executive Chairman of Vyke, commented:
'We are very encouraged by our most recent results. The key performance
indicators show that both the number of Vyke product suite accounts as well as
the total retail billing are growing in lock-step, proving that Vyke is able to
increase its number of accounts without suffering any penalties with regards to
average revenue per account. The relative decrease in the number of total calls
placed in relation to the total retail billing is pleasing in that it shows that
Vyke's quality of service is continuing to increase in response to our capital
investment in the network.

The second half of the year has begun positively and as at the 15 July a further
net 339,112 customer accounts have been added. 4,274,000 calls have been made so
far this month with a total retail dollar value of $2,472,000. The figure for
current paid, Vyke product suite, customer accounts stands at 855,567.'



1/4/07 to 30/6/07
Key Statistics
Product Category:               Company total          Vyke     Trad. Calling
                                                Products (1)          Cards(2)
Paid Customer Accounts:             1,929,651        694,884         1,258,929
Total Calls (000's):                   23,925         14,045             9,880
Total Retail Billing (USD
- 000's)3                             $12,369         $7,322            $5,047

Paid Customer Accounts at
15/7/07                             2,268,763        855,567         1,442,287


Q2 Percentage increase over Q1 2007
Product Category:               Company total           Vyke     Trad. Calling
                                                    Products             Cards
Unique Paid Accounts 
(% increase):                              19%            30%               14%
Total Calls (% increase):                  10%            11%                9%
Total Retail Billing 
(% increase)                               23%            30%               15%


1 - all Vyke IP-based products including Vyke Mobile IP, Vyke IP, Vyke PC, Vyke
    Pro / Lite, Vyke Web Call, Vyke SMS Call and Vyke Callback

2 - all traditional dial-through calling card services

3 - Total Retail Billing represents end user retail value, not all of which is
    attributable to Vyke when sold through resellers

                                    - Ends -

For further information please contact:

Vyke Communications plc                                          
Tommy Jensen, Executive Chairman                                +47 67 82 73 60
Malcolm Bacchus, CFO                                       + 44(0) 207 732 3666                             

HB Corporate                                               +44 (0) 20 7510 8600                                     
Luke Cairns / Cecil Jordaan

Threadneedle Communications
Graham Herring / Josh Royston                              +44 (0) 20 7936 9605
                                                                          

About VYKE
Vyke Communications plc is headquartered in the UK with subsidiaries and offices
in Norway, USA, Iceland and Malaysia. The strategic goal of Vyke is to combine
its expertise in VoIP-based communication systems, mobile data service creation/
handset technology and wholesale carrier network management to provide a
converged communication solution. Vyke's current set of mobile-oriented products
offers up to a 95% discount compared to current typical mobile operator pricing
structures.

About VYKE MOBILE IP
Vyke Mobile IP is a mobile-oriented Voice over IP (VoIP) service offering users
up to 95% discount compared to typical mobile operator pricing structures. One
of the first mass market mobile VoIP services, launched in April of 2006, Vyke
Mobile IP features mobile oriented sign-up steps, automatic configuration
services and pricing.

About the VYKE suite of IP-based services
The Vyke suite of communication products features advanced services providing
users with low cost, mobile operator / fixed line provider independent ways of
making voice calls and sending text messaging from the mobile phone, PC and
internet.

For more information, please visit www.vyke.com




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