SOURCE: Nettel Holdings

May 15, 2007 08:51 ET

Nettel Holdings Announces the Release of an Independent Analyst Report by Wasserman Morris & Co.

Analyst Raises Stock Target and Revenue Projections

VANCOUVER, WA -- (MARKET WIRE) -- May 15, 2007 -- Nettel Holdings (OTCBB: NTTL), Berlin and Frankfurt Stock Exchanges (NT7, WKN 727487) announces that Wasserman Morris & Company, a New York-based independent investment research firm, has issued a report on the Company.

Wasserman Morris analyst, Kipley J. Lytel, CFA has raised his stock target from .32 to .86 based on 4th quarter 2006 revenue growth, increased profit margins, and higher 2007 projections. The report is available for review at www.wassermanmorris.com or www.nettelholdings.com.

Wasserman Morris & Co. is an equity research firm providing unbiased research for significantly under-followed small-cap companies. Wasserman Morris & Co. distributes its research to a broad audience of institutional investors seeking information on underfollowed small cap stocks. Nettel Holdings paid $19,500 for 1 year of research and follow up to Wasserman Morris. Neither the analyst nor Wasserman Morris and Co. own equity or debt securities in Nettel Holdings.

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