ValidSoft Joins "Get Safe Online" to Help Consumers Protect Themselves
Company Safeguards Transactions While Preserving Privacy
LONDON - January 5, 2012 - ValidSoft www.validsoft.com, a global supplier of fraud prevention, authentication and transaction verification solutions, has joined Get Safe Online, http://www.getsafeonline.org, a joint initiative between the UK government, law enforcement, businesses and the public to provide computer users and small businesses with free, independent, user-friendly advice that will allow them to use the internet confidently, safely and securely. ValidSoft is a wholly-owned subsidiary of Elephant Talk Communications, Corp., (NYSE Amex ETAK) (www.elephanttalk.com) an international provider of business software to the telecommunications and the financial services industry. ValidSoft's core business is driven from the company's headquarters in the UK.
GetSafeOnline.org managing director, Tony Neate, said, "Making sure internet users are aware of the risks and have the tools to help protect themselves is a challenging task. It needs cooperation from multiple stakeholders to be as effective as possible - from individual internet users, through to businesses, technology providers, law enforcement and government. Get Safe Online is delighted to welcome ValidSoft on board to support our efforts."
"Get Safe Online is a recognized and high-value brand that brings together industry and consumer organizations in the UK to inform the public about online safety and the dangers of cyber-crime. We're pleased to join in this vitally important effort," said Patrick Carroll, CEO of ValidSoft. "As part of our corporate responsibility, we look forward to contributing to consumer education campaigns about online security through Get Safe Online."
ValidSoft has a suite of products that detect and stop financial transaction fraud, quickly and accurately. ValidSoft is believed to be the only security software company in the world to have been awarded two European Privacy Seal for its products certifying its compliance with European Data Protection law.
"While instantaneous, mobile communications that span the globe carry inherent security risks, technology also holds enormous potential for risk reduction," Carroll said. "At ValidSoft, we stand ready to discuss and promote, with all stakeholders, solutions for using mobile technology in the fight against internet crime."

Elephant Talk Communications Corp.

19103 Centre Rose Boulevard, Lutz, FL 33558

United States

Telephone: + 1 813 926 8920

Carroll pointed out that as a company with deep roots in the telecommunications sector, ValidSoft is well-positioned to contribute to the government, corporate, and consumer dialogue about vulnerabilities that stem from the explosive growth of mobile payment and banking systems.
Carroll also noted that ValidSoft has a strong record and culture of developing technologies that are centered on protecting the integrity and accuracy of consumer transactions in the most user-friendly fashion possible.
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).
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 Get Safe Online

Get Safe Online is a joint initiative between the Government, law enforcement, leading businesses and the public sector. Its aim is to provide computer users and small businesses with free, independent, user-friendly advice that will allow users to use the internet confidently, safely and securely.

Elephant Talk Communications Corp.

19103 Centre Rose Boulevard, Lutz, FL 33558

United States

Telephone: + 1 813 926 8920

Forward-Looking Statements
Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. 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; however, readers should review carefully reports or documents the Company files periodically with the Securities and Exchange Commission.
Contact:
Elephant Talk Communications Corp. Mr. Steven van der Velden
Tel: + 31 20 653 59 16 steven.vandervelden@elephanttalk.com www.elephanttalk.com
Investor Relations: Alliance Advisors, LLC Thomas P. Walsh Tel:
+1 212-398-3486 twalsh@allianceadvisors.net
ValidSoft: Emmanuelle Filsjean
Tel: +44 (0)20 3170 8999
Email: Emmanuelle.Filsjean@validsoft.com
For UK and EU :
Fishburn Hedges +44 (0)20 7839 4321
Paul Farrow

Elephant Talk Communications Corp.

19103 Centre Rose Boulevard, Lutz, FL 33558

United States

Telephone: + 1 813 926 8920

validsoft@fishburn-hedges.co.uk

Elephant Talk Communications Corp.

19103 Centre Rose Boulevard, Lutz, FL 33558

United States

Telephone: + 1 813 926 8920

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ValidSoft joins "Get Safe Online" to help consumers protect themselves