CTI Group Reports First Quarter 2006 Results

CTI Group (Holdings) Inc., (OTC BB: CTIG), an international provider of intelligent electronic invoice processing and enterprise communications management software and services, reported revenues of $3,081,167 for the three months ended March 31, 2006 compared to $3,180,677 for the same period last year. The 3% decrease in revenue was primarily the result of a reduction in processing of data for the Company's current customer base. The Company reported net loss of $784,881 for the first quarter of 2006 compared to a net income of $118,230 for the first quarter of 2005. The net loss was driven primarily by the increased cost of products and services due to a reduction in margin realized related to a large sale of enterprise communications management software in South Africa and an increase in legal fees incurred in connection with patent enforcement activities. Net income realized in first quarter of 2005 was primarily related to the gain on the sale of discontinued operations.

John Birbeck, CTI President and CEO, stated, "We are delighted by the progress we have made in the first quarter, both in product development and the strengthening of our global sales and marketing teams. We have established a country-wide, sales team in the US, and have signed-up a number of major business partners who are gaining momentum. We believe we have the ingredients in place to realize future growth and look forward to exciting new product launches in the second quarter, which will open new market opportunities to CTI."

CTI Group's new product, SmartBill® Connect, is specifically engineered to seamlessly integrate with the service provider's evolving online eBusiness strategy and provides enterprise customers with customized access to their provider's eBusiness portal and their complex service invoices. CTI Group believes that with SmartBill® Connect, service providers will better leverage existing investments in technology -- preserving the full functionality of current systems -- while allowing them to more profitably service and support current and future customers.

The Proteus(TM) suite of products are used by companies, institutions and government agencies to track communications activity and to control costs associated with operating communications networks. Proteus(TM) performs functions of call recording, call accounting, cost allocation, client bill-back, analyses of trunk traffic and calling and usage patterns, toll fraud detection, directory services and integration with other private branch exchange peripheral products. Proteus now also integrates Internet, e-mail and mobile data analysis and reporting with its traditional voice capabilities.

About CTI Group -- CTI Group (Holdings) Inc. is an international provider of intelligent electronic invoice processing and enterprise communications management software and services. CTI Group's SmartBill® and Proteus(TM) product suites offer a full array of solutions for traffic analysis, post-billing call analysis, and customer care. CTI Group's products are used by some of the top service providers in North America and the United Kingdom, and play a trusted role in managing telephony costs at major corporations internationally. Headquartered in Indianapolis, CTI Group maintains an overseas office in London. For more information, please visit CTI Group's website at www.ctigroup.com.

Safe Harbor Statement This release may contain "forward-looking" statements. Examples of forward-looking statements include, but are not limited to: (a) projections of revenue, capital expenditures, growth, prospects, dividends, capital structure and other financial matters; (b) statements of plans and objectives of CTI Group or its management or Board of Directors; (c) statements of future economic performance; (d) statements of assumptions underlying other statements and statements about CTI Group and its business relating to the future; and (e) any statements using the words "could," "should," "anticipate," "expect," "may," "project," "intend," "will" or similar expressions. CTI Group's ability to predict projected results or the effect of events on CTI Group's operating results is inherently uncertain. Therefore, CTI Group wishes to caution each reader of this press release to carefully consider the risk factors stated in the CTI Group's Annual Report on Form 10-KSB for the fiscal year ended December 31, 2005, any or all of which have in the past and could in the future affect the ability of CTI Group to achieve its anticipated results and could cause actual results to differ materially from those discussed herein, including, but not limited to: ability to attract and retain customers to purchase its products, ability to develop or launch new software products, technological advances by third parties and competition, ability to protect CTI Group's patented technology, ability to obtain settlements in connection with its patent enforcement activities. You should not place any undue reliance on any forward-looking statements. CTI Group disclaims any intent or obligations to update forward-looking statements contained in this press release.

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