Jetcom Inc.

Jetcom Inc.

March 02, 2007 08:00 ET

Jetcom Appoints Chief Financial Officer

TORONTO, ONTARIO--(CCNMatthews - March 2, 2007) - Jetcom Inc. (TSX VENTURE:JTM), is please to announce the appointment of Mr. Larry Silverberg as Chief Financial Officer. Mr. Silverberg is a Chartered Accountant with 17 years experience and specializes in the area of taxation, auditing and business consulting. He is a member of the Institute of Chartered Accountants of Ontario (ICAO) and the Chartered Accountants of Canada (CICA).

About Jetcom Inc.:

Jetcom is a holding company with interests in satellite television programming distribution, e-telehealth technology, and, most recently, a proposed transaction for uranium exploration properties. More information can be found on the SEDAR website at A Yellowcake Resources website is under development.

Coporate update:

The Company is working with the TSX Venture Exchange ("TSXV") regarding its submission pursuant to TSXV Policy 5.2

Completion of the transaction is subject to a number of conditions, including Exchange acceptance and disinterested Shareholder approval. The transaction cannot close until the required Shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the Management Information Circular or Filing Statement to be prepared in connection with the transaction, any information released or received with respect to the COB may not be accurate or complete and should not be relied upon. Trading in the securities of Jetcom Inc. should be considered highly speculative.

Jetcom Inc. has 37,525,971 outstanding common shares.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

Contact Information

  • Jetcom Inc.
    A. G. Dragone
    (416) 447-4884
    (416) 447-8868 (FAX)