SOURCE: Nettel Holdings

May 20, 2005 11:55 ET

Nettel Holdings Reports on Its Latest Rising Stars, AVOP and VoipEscrow

PORTLAND, OR -- (MARKET WIRE) -- May 20, 2005 -- Nettel Holdings, Inc. subsidiary, VoipEscrow.net (OTC BB: NTTL), Berlin and Frankfurt Stock Exchanges (NT7, WKN 727487) reports on its latest rising stars, AVOP and VoipEscrow.

Dear Shareholders,

Over the past month, we are seeing continual signs of progress from our clients' perspective.

Here are some key highlights as they are developing over the second quarter, 2005:

--  We have signed up over 320 customers in over 40 countries.
--  Of the clients who have been actively buying minutes from us, a
    typical transaction consists of $5K to $10K worth of revenue generated (per
    client / per day) to Nettel.
--  The profit on these transactions range from 5 - 12% each.
--  New Technicians have been trained to monitor traffic through the
    system in preparation for handling the tremendous growth we are
    experiencing.
--  More account managers have also been trained to show our new telecom
    clients how to use the automated system.
--  The key thing is this -- Over the past month of infancy, AVOP and
    VoipEscrow are on the cutting edge of these new opportunities in the
    telecom industry.
    
Now we have the momentum and energy to produce expected results and will continue building a good reputation, for this much-appreciated service only we can offer.

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