SOURCE: Nettel Holdings

March 16, 2006 15:07 ET

Nettel Holdings, Inc. President Michael Nguyen Releases Letter to Shareholders

PORTLAND, OR -- (MARKET WIRE) -- March 16, 2006 -- Nettel Holdings, Inc. (OTC BB: NTTL), Berlin and Frankfurt Stock Exchanges (NT7, WKN 727487) announced today that Michael Nguyen, Nettel's President and CEO, has released a letter to the company shareholders discussing Nettel's AVOP business and other current business developments.

The full content of the letter is available at Nettel's website as well as at the Zangani Investor Community website

Safe Harbor Statement

Some statements in this release are "forward-looking statements" as that term is defined in Sections 27A of the Securities Act of 1933 as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"), and are subject to certain risks and uncertainties, including, but not limited to, economic conditions, competition, changes in laws and the demand for the company's goods and services, which could significantly affect anticipated future results. Actual results may differ materially from any forward-looking statements.

About Nettel Holdings, Inc.

Nettel Holdings, Inc. engages in the telecommunication and software business. The company's Nettel Trading division exports computer electronics equipment. Its Entec division develops accounting, finance, project management, inventory system, database management, presentation tools, email, voice recognition, and word processing software. In addition, the company offers telecommunications long distance and prepaid calling card minutes. Nettel Holdings is based in Portland, Oregon.

L.G. Zangani, LLC provides financial public relations service to the Company. As such L.G. Zangani, LLC and/or its officers, agents and employees, receives remuneration for public relations and or other services in the form of monies, capital stock in the Company, warrants or options to purchase capital in the Company.

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