SOURCE: Nettel Holdings Inc.

September 16, 2005 07:26 ET

Nettel Holdings SB2 Filing

PORTLAND, OR -- (MARKET WIRE) -- September 16, 2005 -- Nettel Holdings subsidiary (OTC BB: NTTL), Berlin and Frankfurt Stock Exchanges (NT7, WKN 727487) SB2 Filing.

Nettel Holdings is in the process of preparing an SB2 filing registering approximately 7.1 million shares to consultants, employees and financiers. These shareholders have worked closely in the development stages of Nettel.

Michael Nguyen, CEO of Nettel Holdings states, "This filling will bring the number of outstanding shares to approximately 33 million shares. Our revenue for the month of August topped $3 million. With our increasing cash flows and expanding business development, we will be able to develop projects we have had on hold. Upcoming partnerships will further legitimize us in the marketplace. I am confident we will continue to increase shareholders value with our growing revenues and our new services and technologies in implementation stages. I remain committed to the vision of building Nettel Holdings into a large company with excellent shareholder value.

Safe Harbor Statement

Some statements in this release are "forward-looking statements" as that term is defined in Sections 27A of the Securities Act of 1933 as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"), and are subject to certain risks and uncertainties, including, but not limited to, economic conditions, competition, changes in laws and the demand for the company's goods and services, which could significantly affect anticipated future results. Actual results may differ materially from any forward-looking statements.

About Nettel Holdings, Inc.

Nettel Holdings, Inc. engages in the telecommunication and software business. The company's Nettel Trading division exports computer electronics equipment. Its Entec division develops accounting, finance, project management, inventory system, database management, presentation tools, email, voice recognition, and word processing software. In addition, the company offers telecommunications long distance and prepaid calling card minutes. Nettel Holdings is based in Portland, Oregon.

L.G. Zangani, LLC provides financial public relations service to the Company. As such L.G. Zangani, LLC and/or its officers, agents and employees, receives remuneration for public relations and or other services in the form of monies, capital stock in the Company, warrants or options to purchase capital in the Company.

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