SOURCE: Nettel Holdings Inc.

September 07, 2005 09:00 ET

Nettel Holdings Surpasses $3 Million in August Revenues

PORTLAND, OR -- (MARKET WIRE) -- September 7, 2005 -- Nettel Holdings, Inc. (OTC BB: NTTL), Berlin and Frankfurt Stock Exchanges (NT7, WKN 727487) realizes significant revenue growth through the first 2 months of the third quarter

The company expects the growth trend to continue for the foreseeable future. Nettel enters the month of September at a $130,000 a day revenue rate, and expects to be averaging $200,000 a day in less then 90 days.

As previously stated, Nettel Holdings collected an estimated $1.5 million, or $48,000/day, in July sales and $1.5 million through the first 15 days of August. Total August sales are expected to be $3.2 million, or $103,000/day, with an average 10-12% gross profit margin.

Michael Nguyen, President and CEO of Nettel, commented: "The demand we are seeing from VoIP wholesalers is remarkable and further validates our business model as we strive to supply quality routes for our customers. Over the past few months, we have succeeded in adding additional automatic back-up systems and additional employees to support this unprecedented growth. L.G. Zangani is currently preparing investment literature to better communicate our business model and strategy to current and potential shareholders."

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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