Digerati Technologies, Inc. Completes Rebranding Initiative With Launch of Corporate Website and Unveiling of New Logo


SAN ANTONIO, TX--(Marketwire - March 24, 2011) - Digerati Technologies, Inc. (OTCBB: DTGI) (OTCQB: DTGI), a global provider of cloud communication services, today announced the launch of its new corporate website at www.digerati-inc.com. The Company also unveiled a new corporate logo for Digerati Technologies, Inc., thereby completing the Company's rebranding initiative.

Arthur L. Smith, President and CEO of Digerati, commented, "We are very pleased to unveil our new corporate identity with the launch of the corporate website and new logo. These actions reflect the Company's recent diversification of its business model and services portfolio. The completion of our rebranding initiative strategically positions our Company within the cloud-based services industry and strengthens the Company's corporate identity. We believe that these efforts will enhance the Company's brand awareness and aid in the continued growth of our business."

The Company began the transformation to Digerati Technologies, Inc. from ATSI Communications, Inc earlier this year in order to position itself in the growing cloud-based services industry. The Company successfully completed a corporate name change, and its common stock recently began trading under its new symbol "DTGI".

Digerati Technologies, Inc. is an established cloud communications service provider meeting the global needs of businesses that are seeking simple, flexible, and cost-effective solutions. Digerati's cloud-based services include a fully hosted IP/PBX, VoIP transport, SIP trunking, data storage, and customized VoIP solutions for specialized applications. Services are delivered with unparalleled reliability and performance over Digerati's carrier-class global VoIP network, which has been built and enhanced over the course of the past decade. For more information visit www.digerati-inc.com

The information in this news release includes certain forward-looking statements that are based upon management's expectations and assumptions about certain risks and uncertainties that can affect future events. Although management believes these assumptions and expectations to be reasonable on the date of this news release, these risks and uncertainties may cause actual events to differ from those contained in this news release. The risks and uncertainties include, but are not limited to, continuing as a going concern, availability and cost of our present vendors and suppliers, and absence of any change in government regulations or other costs associated with data transmission over the Internet or transmissions in foreign countries. Additional information respecting factors that could materially affect the Company and its operations are contained in its annual report on Form 10-K for the year ended July 31, 2010 and its Form 10-Q for the six months ended January 31, 2011, as filed with the Securities and Exchange Commission. 

Contact Information:

Contact:

Jack Eversull
The Eversull Group
(972) 571-1624
(214) 469-2361 fax