Elephant Talk Receives Audit Opinion with Going Concern Explanation

Elephant Talk Communications Corp. (NYSE MKT: ETAK) ("Elephant Talk" or the "Company"), a global provider of Software Defined Network Architecture (ET Software DNA® 2.0) platforms and cyber security solutions, today announced that, as previously disclosed in its Annual Report on Form 10-K for the year ended December 31, 2014, which was filed on April 1, 2015, the audited financial statements for the year ended December 31, 2014 included in the Form 10-K contained an audit opinion from its independent registered public accounting firm which includes a going concern qualification. This announcement is made pursuant to NYSE MKT Company Guide Section 610(b), which requires separate disclosure of receipt of an audit opinion containing a going concern qualification.