SOURCE: US National Telecom - (USNT)

November 06, 2007 08:32 ET

US National Telecom (USNT) Announces Three Month Revenues Exceed $418,000 for Subsidiary

DENVER, CO--(Marketwire - November 6, 2007) - US National Telecom (PINKSHEETS: USNT), a rapidly growing VoIP telecom company, today released financial information regarding its Vitelity subsidiary, indicating that gross revenues exceeded $418,000 for the three month period ending October 31, 2007. Revenues for that period are 181% higher compared to gross revenues totaling $229,000 for the three month period ending March 31, 2007.

The Company expects this exciting trend in revenues to continue due to new contracts currently in negotiation and acquisition of other companies. As an example, if this trend continues, the Company will enjoy gross revenues in excess of $2,100,000 during the next twelve months.

US National's VoIP technology network allows telephone traffic to travel across town or around the world using the Internet as a backbone, thereby eliminating the use of costly telephone circuits owned by legacy telephone companies. Using the Internet for the long distance portion for voice calls means voice traffic is then only dependant on "the last mile" owned by the local telephone company. The result is that a call to a distant country which may cost 23 cents a minute using a well known USA telephone company, now costs only 5 cents a minute using VoIP technology.

The Company envisions that its position as a wholesale carrier solutions provider will grow, especially with the increasing trend of small business interest in VoIP-powered PBX telephone systems.

About US National Telecom (USNT) - formerly known as Yi Wan Group (YIWA)

US National Telecom (USNT) is a publicly traded technology company, headquartered in Denver Colorado, The company, formerly known as Yi Wan Group (formerly YIWA), has now formally changed its name to US National Telecom, Inc., and has been assigned the coveted ticker symbol USNT. The Company focus is on building a large VoIP and Internet services conglomerate expanding to process international voice traffic and international calling cards traffic.

Safe Harbor Statement: This release includes forward-looking statements, made pursuant to the safe harbor provisions of the PSLA of 1995, that involve major risks and uncertainties based on what may be inaccurate assumptions. Financial information is based on revenue and deposits for services, is unaudited and subject to restatement. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.