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VoIP MDU Introduces Its Exclusive PlatinumPhone VoIP Product Suite

12 December 2004

VoIPMDU.COM (http://www.voipmdu.com) (Other OTC:VPMD.PK - News) today announced that it has completed the development of two PlatinumPhone (tm) VoIP telephony bundles that will be marketed exclusively to Point.com's (http://www.Points.com) members in the first quarter of 2005. (See previous Press Release August 20, 2004).

The two packages, one with an ATA unit and the other offered as a wireless product will both be available online at http://www.Points.com to members in the first quarter of 2005 on a monthly basis with no contract required and will be offered for members redeemed loyalty points & miles. The comprehensive PlatinumPhone(tm) features include unified messaging (one number follows every subscriber), unlimited inbound and local calling, use of existing phone number, free worldwide calling to other Points.com member's, preferred area code, web-based billing, call waiting, display, name, voice mail and unified voice/e-mail messages, as well as call forwarding, 3 way conferencing, call transfer, prepaid travel cards and 16 hours of North American calling, as well as access to discounted international calling rates.

``The addition of the unified messaging feature makes our VoIP product suite the most comprehensive package in the business,'' stated Richard Kipping, Chairman and CEO of VoIPMDU.COM. ``Our PlatinumPhone(tm) packages represent the ultimate in state-of-the-art VoIP telephony and discount long distance bundle values to this large, exclusive target group, who can save 100% on their telephone costs each month merely by redeeming their accumulated loyalty points & miles!'' The Company is currently testing its engineering platforms and is finalizing its media program as well as preparing for an online launch on Points.com's website as part of its corporate partner program.

VoIPMDU.COM's program introduces a new dimension to the exploding loyalty program industry due to its recurring revenue streams for services as well as ongoing purchases of long distance bundles. VoIPMDU.COM will receive full cash value from Points.com for all revenue generated through its online participation.

About Points International Ltd.

Points International Ltd. is the owner and operator of Points.com, the world's leading reward program management portal. At Points.com consumers can exchange points and miles between reward programs so that they can Get More Rewards, Faster(tm). Points.com has attracted over 40 of the world's most important reward programs, including industry leaders The Hudson Bay Company (HBC), Delta Air Lines (SkyMiles(r)), eBay (Anything Points), American Airlines (the AAdvantage(r) program), InterContinental Hotels (Priority Club(r) Rewards), and Starbucks.

Safe Harbor:

This news release may include forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended with respect to achieving corporate objectives, developing additional project interests, the Company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements herein.

THE TSX EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE



Contact:
Points International Ltd.
Steve Yuzpe, Chief Financial Officer
Investor Relations
Direct: +1 416 596-6382
steve.yuzpe@points.com

Christopher Barnard, President
Partner Relations
Direct: +1 416 596-6381
christopher.barnard@points.com

VoIPMDU.COM
Richard Kipping Chairman & CEO
(604) 723-8750
(310) 890-3212
richard@voipmdu.com

Source: VoIP MDU.com


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