SOURCE: JUPITER Global Holdings, Corp.

November 02, 2005 09:17 ET

JUPITER Global Holdings, Corp. Announces Filing of 8K/A Report With Financials of Macro Communications, Inc., Confirming Audited Revenues of $11.8 Million

LAS VEGAS, NV -- (MARKET WIRE) -- November 2, 2005 -- JUPITER Global Holdings, Corp. ("JUPITER" or the "Company") (OTC: JPHC) today proudly announces it has today filed with the Securities and Exchange Commission an amended 8K Current Report disclosing the financial statements of Macro Communications, Inc. ("Macro"). In the month of September, JUPITER closed its acquisition of Macro, a US-based telecom services company. JUPITER believes this filing completely validates the fact that JUPITER is now on its way to being a business with large enough sales and assets to achieve meaningful earnings per share and subsequent major value for its shareholders.

The above mentioned filing confirms Macro's audited revenues of $11,827,727 for the fiscal year end 2004 and unaudited revenues of $4,774,684 for the period ending June 30, 2005. Other details can be found in the aforementioned amended 8K Current Report.

Macro Communications, Inc. ("Macro") is a facilities-based telecom applications service provider located in Atlanta, Georgia. Their lines of businesses include; Prepaid Calling Card Platforms, VoIP Connectivity, International Gateway And Arbitrage Services, Enhance IVR Solutions, Co-Location Services And Universal Point Of Sale Activation Services.

Management feels JUPITER's stock price is undervalued based on these financials and the potential for growth. The Company will now be making numerous efforts to inform the public and investing community including institutional investors of the Company's belief of being currently undervalued.

The filing of these financials is a momentous achievement for JUPITER. With this announcement, the Company has delivered on previous promises and all shareholders that have believed in, and been patient with JUPITER, should feel rewarded with the results of these financials.

The Company will now push forward to increase shareholder value through not just growing Macro but also by combining with Macro, additional acquisitions that we are targeting.

Ray Hawkins, CEO of JUPITER, in closing commented, "Our current and prospective shareholders should continue their long-term approach when it comes to their holdings in JUPITER. We are working hard to deliver even more added value to our shareholders and there are many more considerable developments to come."

ABOUT JUPITER GLOBAL HOLDINGS, CORP.

JUPITER Global Holdings, Corp. is a holding company with interests and developments in a diverse number of growing industries. JUPITER plans to achieve a leadership position through the building of a synergistic network of innovative, profitable and global businesses.

Statements contained herein that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. JUPITER Global Holdings Corp. intends that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause JUPITER Global Holdings Corp. actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in JUPITER Global Holdings Corp. applicable public filings on record with the Securities and Exchange Commission which can be viewed at its website at http://www.sec.gov

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