United American Corporation

United American Corporation
Eye-In Wireless Inc.

February 02, 2005 10:38 ET

TeliPhone Expands its Public Wireless Hot-Spot Coverage for Users of teliphone's Wireless VoIP Solutions with Eye-In Wireless Inc. Agreement


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: UNITED AMERICAN CORPORATION

OTC Bulletin Board SYMBOL: UAMA



AND EYE-IN WIRELESS INC.

FEBRUARY 2, 2005 - 10:38 ET

TeliPhone Expands its Public Wireless Hot-Spot
Coverage for Users of teliphone's Wireless VoIP
Solutions with Eye-In Wireless Inc. Agreement

MONTREAL, CANADA--(CCNMatthews - Feb. 2, 2005) - United American
Corporation (NASD OTCBB:UAMA) is pleased to announce that its wholly
owned subsidiary TeliPhone Inc's has entered into a carrier agreement
with Eye-In Wireless (a division of Eye-In Inc.), opening up Eye-In's
HotSpots in Quebec and Ontario for use by teliphone™ subscribers.
The agreement results in the initial opening of up to 70 hot-spots, with
future expansion into the rest of Canada and large US markets in 2005.

Carrier agreements such as this one permit teliphone™ subscribers to
utilize their wireless VoIP phones outside of the home and office, a key
element of Teliphone Inc.'s VoIP offering. Unlike traditional fixed
VoIP, where users make calls from close to their computer, TeliPhone's
wireless VoIP service permits increased flexibility and greater usage of
the service, for the same monthly fee.

This release also announces the official start of the "you are now in a
teliphone™ hot-spot" campaign, permitting teliphone™ users to
reduce their dependency on more expensive cellular phone calls by
providing public access zones, exclusive to teliphone™ subscribers,
in major urban centers. The agreement also demonstrates technical
achievements in by-passing complex authentication processes that block
most users of other wireless VoIP products from using their phones in
public hot-spots.

"This is a key achievement for us as we work increasingly towards
virtual blanket wi-fi coverage of Quebec and Ontario, with future
expansion to other major urban markets" says George Metrakos, President
and CEO of TeliPhone Inc. Jeff Singer, President of Eye-In Inc. adds
"TeliPhone's VoIP wireless phone service is another example of how we
continuously leverage the latest technologies in driving additional
traffic into our customers' establishments, and providing their existing
customers with supplementary value added services and an enhanced
customer experience."

About Eye-In

Founded in 1997, Montreal, Quebec based Eye-In Inc. is made up of
subsidiaries Eye-In Marketing, Eye-In Internet, and Eye-In Wireless.
Eye-In Wireless is a Wireless Internet Service Provider that implements
Wi-Fi™ HotSpots at customer focused establishments across North
America in restaurants, bars, cafes, hotels and other public
establishments.

Wi-Fi™ HotSpots are public areas with "wireless connectivity" to the
Internet. From a HotSpot, laptop computer and palm sized personal
digital assistant (PDA) users can surf the web, review and compose
e-mail, and remotely access their company's networks without plugging in
to any cables or phone line. Eye-In also provides HotSpots with PC
Workstations connected wirelessly to the Internet for those End Users
who do not have their own computers.

Combined with resources from Eye-In Marketing, Eye-In Wireless adopts a
unique Customer Relationship Management (CRM) approach in helping
businesses leverage HotSpots as a technology enabler to: Attract More
Customers, Increase Sales Revenues, Increase Customer Satisfaction,
Increase Customer Loyalty, and Cross-Sell to other HotSpots' Customers.

Eye-In Wireless has recently signed significant contracts to implement
HotSpots in numerous major coffee shop chains, through their "Internet
Hot-STOP" campaign, including Cafe Depot, Second Cup, Presse Cafe, Cafe
Vienne, and an exclusive contract to provide HotSpots in the entire
Cafes-Bistros Van Houtte chain (70 locations in the province of Quebec).

About TeliPhone, Inc.

TeliPhone Inc is a wholly owned subsidiary of UAC. Since 2001, the
company has pioneered Voice over Internet Protocol (VoIP) in Canada. The
company was the first Canadian VoIP service provider to offer a
nation-wide telecommunication local call coverage service. The company
has developed a powerful back office system that provides an integrated
web-based personal portal to their subscribers as well as administrative
support to the company, and constitutes the core technology of today's
mobile teliphone™ services. teliphone™ operates its own Main CO
(Central Office) in Montreal, where all worldwide teliphone™ devices
are controlled, thus giving the company the advantage of centralized
operations and cost reductions. The company has also established a CO
in Manhattan. For more information, visit the company website at
www.teliphone.us.

About United American Corporation

United American Corporation is a holding and management company of next
generation Voice over Internet Protocol (VoIP) based telecommunication
Company. The organization currently has five subsidiaries. Each
subsidiary operates in a specific niche market in a fast growing global
worldwide IP-based telephony network. The company has created a network,
which provides services from local IP-based telecommunication to
international telecommunication carriers. Teliphone™, Inc operates
sophisticated extended local communication VoIP central office, while
United American Telecom, Inc operates CaribbeanONE™, a
state-of-the-art International telecommunication route & gateway. For
more information, visit the company website at
www.unitedamericancorp.com.

This news release contains forward-looking statements that are subject
to various risks and uncertainties. The Company's actual results could
differ materially from those anticipated in such forward-looking
statements as a result of numerous factors that may be beyond the
Company's control. Forward-looking statements are based on the
expectations and opinions of the Company's management on the date the
statements are made, and the Company assumes no obligation to update
forward-looking statements should circumstances in management's
expectations or opinions change.

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