SOURCE: US National Telecom

April 24, 2008 12:21 ET

US National Telecom (USNT) Signs Escrow Services Agreement to Facilitate Over $200,000 in International Traffic

PHILADELPHIA, PA--(Marketwire - April 24, 2008) - US National Telecom (PINKSHEETS: USNT), through its wholesale subsidiary, has been actively negotiating several international traffic agreements with potential of over $200,000 in annual revenue. The demand is high, but contract negotiations have been hampered by the lack of a reliable facility to handle payments. To reduce risk, the Company did not want to extend credit to non-USA companies. The new agreement with the telecom Escrow Service now eliminates that credit risk. This international payment facility has now increased the potential to bring in substantial additional annual revenue.

USNT's President said, "Extending credit to foreign customers could have exposed the Company to increased financial risk. But using the escrow management company now allows us to be assured that we can enter into additional revenue-generating agreements."

Under terms of the escrow service, the buyer places funds in escrow and the seller can be assured of payment when the service has been delivered. Funds are wired as often as daily into the seller's bank account, preserving cash flow as well as profits.

The current share structure of USNT is 460,083,750 shares outstanding with 240,763,800 Restricted and 2,000,000 Preferred shares.

About US National Telecom (USNT)

US National Telecom (PINKSHEETS: USNT) is a publicly traded technology company, headquartered in Denver, Colorado. The Company is working to create a large VoIP company by expanding its international voice traffic and seeks to acquire companies in the VoIP marketspace.

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 faulty assumptions or inaccurate statements. Financial information is based on projections of 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.

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