News:

TELES USA and Interwork Technologies Bring Profit and Savings to the American Market

Orlando, FL August 6, 2008 – At CompTIA’s Annual Breakaway Conference, New World Brands, Inc.’s TELES USA business unit announced today it has selected Interwork Technologies as the principal North American distributor of TELES Voice over Internet Protocol (VoIP) and cellular (GSM, 3G/UMTS, and CDMA/WCDMA) gateways. Through this partnership, TELES USA and Interwork will bring the industry’s leading VoIP and cellular gateway solutions to the region. This exciting new partnership will provide value-added resellers with a highly profitable, clearly differentiated offering that enables businesses to drastically reduce their monthly phone bills by extending their PBX’s to VoIP and cellular networks. “We are very excited about this relationship,” stated Jason Johnson, TELES USA Vice President of Sales. “We are committed to a channel-oriented sales strategy that promotes quality solutions for our end users and profitability for our partners,” he added.

About TELES USA
TELES USA is the exclusive distributor of the complete line of German-based TELES A.G.’s VoIP and cellular products in North and Central America. This rapidly growing division of New World Brands provides carriers, businesses, and service providers the ability to extend their telecommunications beyond traditional Public Switched Telephone Networks (PSTN’s) to cellular and VoIP infrastructure. Please visit our website at www.telesusa.com

About New World Brands
The New World Brands Family of Companies includes two main subdivisions, NWB Networks and NWB Telecom. The NWB Networks division manages the combined offerings of TELES USA and Qualmax, while the NWB Telecom division trades in wholesale telecom traffic. Our multi-divisional approach is designed to help businesses deploy the most effective technologies available in the evolving IP marketplace. For more information, please visit our website at www.nwbtechnologies.com.

About Interwork Technologies
As a Value-Added Distributor of VoIP and Security Solutions, Interwork Technologies’ expertise is unmatched, providing intelligent solutions comprised of the very best in complementary technologies. With more than 16 years experience as a VAD and partner, Interwork's knowledge in the highly specialized business IP niche market creates an unprecedented competitive advantage for vendor and reseller partners.

Safe Harbor
We caution readers that this Report contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, written, oral or otherwise, are based on the Company’s current expectations or beliefs rather than historical facts concerning future events, and they are indicated by words or phrases such as (but not limited to) “anticipate,” “could,” “may,” “might,” “potential,” “predict,” “should,” “estimate,” “expect,” “project,” “believe,” “think,” “intend,” “plan,” “envision,” “continue,” “intend,” “target,” “contemplate,” or “will” and similar words or phrases or comparable terminology. Forward-looking statements in this release also include statements about business and economic trends. Many factors may cause our actual results to differ materially from those described in forward-looking statements, including without limitation those described under “Certain Risk Factors” in our Annual Report on Form 10-K/A, as filed with the SEC on May 13, 2008, and specifically including the risk that management’s assumptions and analysis of the potential market for existing and new products, and our competitive position in that market, prove untrue, and the risk that management will not be able to successfully address changing market conditions.

New World Brands, Inc. also disclaims any duty to comment upon or correct information that may be contained in reports published by the investment community.