EXHIBIT 99.2
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                   IVOICE SUBSIDIARY EXECUTES LETTER OF INTENT
                   TO CONSTRUCT BIODIESEL FACILITY IN NEW YORK

NEW YORK, N.Y., September 7, 2006 - iVoice, Inc. (OTC Bulletin Board: IVOI)
announced today that iVoice Innovations, Inc., a wholly-owned subsidiary of
iVoice, has executed a letter of intent to build and operate a biodiesel
production facility in central Long Island, New York that will be initially
designed to produce up to 10 million gallons per year of biodiesel from
vegetable oils, animal fats and yellow grease.

The letter of intent calls for the acquisition of a 10 million gallon per year
biodiesel production facility that is based on innovative new biodiesel process
technologies.

"We are pleased that we have been able to conclude negotiations for this new
facility," said Chairman and CEO Jerry Mahoney. "This site we are looking at is
demographically attractive and strategically located close to both the suppliers
of the raw materials needed to produce biodiesel and the future customers of our
biodiesel."

The Company plans to immediately commence a study to determine the scope and
feasibility of the project. Upon completion of the study, engineering, design
and permitting issues will be assessed in order to facilitate completion. The
Company is currently in discussions with potential partners, who could share in
the development costs and provide additional expertise.

Biodiesel is a cleaner burning fuel that can be made from domestic renewable
resources such as soybean oil. The alternative fuel can be used in any diesel
engine with few or no modifications, in pure form or blended with petroleum
diesel at any level. Biodiesel significantly reduces emissions while offering
similar performance to diesel. Today, about 600 major fleets use biodiesel
nationwide. More than 700 retail filling stations make various biodiesel blends
available to the public, and 1,600 petroleum distributors carry it nationwide.


About iVoice, Inc.
iVoice has determined that the best way to create shareholder value, separate
and apart from the operating performance of iVoice, is to implement new business
opportunities by distributing shares of spin-offs to the company's shareholders.
The common stock distributions are part of a broader strategy relating to the
transition of iVoice into a company focused on the development and licensing of
proprietary technologies. We also continue to search for potential merger
candidates with or without compatible technology and products, which management
feels may make financing more appealing to potential investors.

Certain information included in this press release, may contain forward-looking
statements about our current and expected performance trends, growth plans,
business goals and other matters. These statements may be contained in our
filings with the Securities and Exchange Commission, in our press releases, in
other written communications, and in oral statements made by or with the
approval of one of our authorized officers. Information set forth in this press
release contains various "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. The Private Securities Litigation Reform Act of 1995 (the
"Act") provides certain "safe harbor" provisions for forward-looking


statements. The reader is cautioned that such forward-looking statements are
based on information available at the time and/or management's good faith belief
with respect to future events, and are subject to risks and uncertainties that
could cause actual performance or results to differ materially from those
expressed in the statements. Forward-looking statements speak only as of the
date the statement was made. We assume no obligation to update forward-looking
information to reflect actual results, changes in assumptions or changes in
other factors affecting forward-looking information. Forward-looking statements
are typically identified by the use of terms such as "anticipate," "believe,"
"could," "estimate," "expect," "intend," "may," "might," "plan," "predict,"
"project," "should," "will," and similar words, although some forward-looking
statements are expressed differently. Although we believe that the expectations
reflected in such forward-looking statements are reasonable, we can give no
assurance that such expectations will prove to be correct. For more information
on iVoice, please visit http://www.ivoice.com
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CONTACT:
CEOcast, Inc. for iVoice
Andrew Hellman, 212-732-4300