Phonetime to host first quarter conference call Tuesday, May 19, 2009 at 11:00 A.M. (ET)

MISSISSAUGA, ON, May 8 /CNW/ – Phonetime Inc. (TSX: PHD), one of the world’s fastest growing providers of international long-distance telecommunication services, announced today that it will host a conference call to discuss its 2009 first quarter financial results on Tuesday, May 19 at 11:00 a.m. (ET). The Company will report its financial results via a news release on Friday, May 15 following the close of markets.

To access the conference call by telephone, dial 416-644-3414 or 1-800-732-9303. Please connect approximately 15 minutes prior to the beginning of the call to ensure participation. The conference call will be archived for replay until Tuesday, May 26, 2009 at midnight. To access the archived conference call, dial 416-640-1917 or 1-877-289-8525 and enter the reservation number 21305775 followed by the number sign.

A live audio webcast of the conference call will be available at www.phonetime.com. Please connect at least 15 minutes prior to the conference call to ensure adequate time for any software download that may be required to join the webcast. The webcast will be archived at the above web site for 30 days.

About Phonetime Inc.

Established in 1994, Phonetime is a leading supplier of international wholesale and retail long distance telecommunications services with network facilities in Canada, the U.S., Europe, Africa and Asia. Through its Wholesale Division, Phonetime buys and resells long-distance services to major telephone carriers around the world using its proprietary call trading platform. Through its Retail Division, Phonetime provides subscription-based long distance services to targeted ethnic consumers across Canada and competitively markets a range of pre-paid long distance phone cards. Phonetime’s common shares trade on the Toronto Stock Exchange under the symbol PHD. More information can be found at the Company’s website, www.phonetime.com

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