SYX Systemax Inc

iPhone2, Inc. the creator of a proprietary software video phone called ImagePhone2(TM), today announced that the Company has entered into an agreement with TigerDirect Inc., a subsidiary of Systemax Inc. (NYSE:SYX), to fully deploy and market its unique VoIP video phone service. "We're excited to be working with a juggernaut like TigerDirect," said Chip Greenberg, iPhone2's President. TigerDirect, http://www.tigerdirect.com, a major direct retailer of computer products and accessories will market ImagePhone2(TM) through their catalog, which has a circulation of about Two Million Five Hundred Thousand (2,500,000) copies nationwide each month. "TigerDirect and ImagePhone2(TM) are a great match, since many TigerDirect customers looking for webcams, headsets, and other peripheral devices are prime candidates for the ImagePhone2(TM) service," stated Mr. Greenberg. Nelson Perez, iPhone2's product manager at TigerDirect said, "We're thrilled to be able to offer this revolutionary product to our customers." Mr. Perez also stated, "ImagePhone2's(TM) flexibility as a product will allow for additional marketing opportunities such as bundling the product with synergistic hardware both in our stores and catalogs, as well as up-selling opportunities through our call center." Subsequent to marketing domestically, iPhone2 anticipates leveraging TigerDirect's relationship to computer retail affiliates in more than SEVEN (7) EUROPEAN countries to market ImagePhone2(TM) worldwide. About iPhone2 iPhone2 (Pink Sheets:IPHN) is an enhanced service provider that developed and markets a unique software video phone, ImagePhone2(TM). The Company's service is the next-generation of softphone technology, allowing customers to make and receive unlimited point-to-point voice and video calls as well as make or receive voice calls from anywhere in the world where there is internet service. ImagePhone2 (TM) was developed to be straightforward and user friendly, and is integrated into a carrier grade VoIP Platform for feature rich services and carrier class scalability. The service can be scaled to large levels with minimum personnel requirements and no constraining end-user hardware. For more information, please visit http://www.iPhone2.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although iPhone2 believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by iPhone2 or any other person that the objective and plans of iPhone2 will be achieved.