SOURCE: Nettel Holdings

January 22, 2008 09:15 ET

Nettel Holdings Received Letter of Intent to Purchase Its Portable Speech Interpreter

VANCOUVER, WA--(Marketwire - January 22, 2008) - Nettel Holdings, Inc. (OTCBB: NTTL) Division, Talking Technologies, has received a Letter of Intent from AVI TELECOM CORP of Vietnam to purchase its Vietnamese Portable Speech Interpreter Solutions.

The Vietnamese Portable Speech Interpreter Solutions will be installed on cell phones, portable PDA devices, and laptops. We have been working on developing this product for the past 12 months. The text to speech feature will be able to read any written Vietnamese word or phrases out loud. In addition, it will be able to convert Vietnamese words or phrases into audible English, Japanese, Chinese and over 20 other languages. AVI will initially be distributing this product to an Employment agency in Vietnam. There are over 1 million people that travel abroad and work for this agency. We have also received a request from AVI to develop a portable Vietnamese speech interpreter module to be installed in all of the taxicabs in Vietnam. Our engineers are currently working on this project.

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