SOURCE: Nettel Holdings

April 18, 2005 12:30 ET

Nettel Holdings Discussed 2004 Result of Operation

PORTLAND, OR -- (MARKET WIRE) -- April 18, 2005 -- Nettel Holdings, Inc. (OTC BB: NTTL), Berlin and Frankfurt Stock Exchanges (NT7, WKN 727487) Discussed 2004 Result of Operation.

Dear Shareholders:

This is a report on the year 2004 and overall related AVOP activity previous to our operating commercially since March of 2005. We were all equally disappointed in much lower revenue than could have been reached, and because of funding delays that lasted over 6 months, we had to seek alternative methods to fund ourselves. Naturally, we feel unfulfilled about proving our goals at the moment, but they are still realistic figures to pursue, and actually earn in 2005. Things are shaping up quite well now, and we have a strong base for our new and highly popular AVOP and VoipEscrow divisions. They are both generating healthy consistent earnings as our 2nd quarter 10Q report will reflect.

During these behind-the-scenes preparations, our fully automated, interactive computer was running itself on so many related transactions at once. Everyone involved kept eliminating the various inconsistencies that occurred during that 24-hour period of testing procedures. Little by little, the problems and possible areas of concern were detected and discarded as a result of our quest for excellence and assured accurate functions at all times. Because of our relentless pursuit, we now have confidence to use this one-of-a-kind operation for big money transactions secured with instant reports of 100% accountability for clients. Nettel has found that AVOP can be totally independent and that our team is very capable of handling all aspects of this lucrative but demanding business.

By the end of our 2nd Quarter financials, you will see what a nice difference it reflects by having something running successfully all day long somewhere in the world. We intend to be working hard on adding to those solid numbers already coming around as our partners and affiliates contribute to the profit AVOP international operations generates.

Again, our building of AVOP equipment is behind us, and we are now putting it to work where rewards of our combined efforts are starting to pay off and so will our investment strategies we all can share in.

Thanks for your supportive backing, and for sharing our long-term goals that enable us to move forward quicker now with all the more conviction for Nettel's overall success.

Safe Harbor:

Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include among other things, the company's ability to attract qualified management, raise sufficient capital, and effectively compete against similar companies.

Contact Information

  • Contact:
    Sam Brewer
    Telephone: 503-222-6018