SOURCE: Asia Telecom Ltd.

February 26, 2007 09:45 ET

Asia Telecom Ltd. Announces Joint Venture Prospects

NEW YORK, NY -- (MARKET WIRE) -- February 26, 2007 -- Asia Telecom Ltd. (PINKSHEETS: ATLJ) is proud to announce that the Company has entered into discussions with a Hong Kong-based telecommunications company in regard to either a merger or joint venture.

The Hong Kong-based Telecommunications Company has many associated offices across the Far East and is a purveyor the same products and services like Asia Telecom Ltd.

VP Mike Palmer stated: "When we came across this opportunity, we recognized instantly that there would be numerous synergies prevalent between both companies."

About Asia Telecom Ltd.

Asia Telecom, Ltd. intends to become a VOIP telecommunications company with a strategic focus on establishing and maintaining operations in Central Asia and Eastern Europe.

Safe Harbor Statement

The preceding includes forward-looking statements, which involve known and unknown risks, and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. Any forward-looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all "other risks" associated with business.

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