SOURCE: Telco Cuba, Inc.

Telco Cuba, Inc.

September 21, 2015 08:30 ET

Telco Cuba Announces CEO Update on Recent Meetings in Cuba

HOLLYWOOD, FL--(Marketwired - Sep 21, 2015) - Telco Cuba, Inc. (OTC PINK: QBAN), a publicly traded telecom and mobile solutions provider, provides update after CEO's week long meetings in Cuba. The company's CEO, William Sanchez, is pleased to share his excitement and vision for the company's future after meetings in Cuba at the recently re-opened United States Embassy in Havana.

CEO and Founder, William Sanchez, states, "Last week's positive meetings we held in Cuba were capped off by Fridays announcement that Governments of both countries established new and deeper trade easement and embargo, allowing for the advancement of long-term sustainable business Telecom opportunities in the Country of Cuba by United States based Companies for the first time in over five decades. This development further paves the way for new and significant business opportunities in Cuba. Perhaps one of the most important developments came when it was announced last week that Verizon Wireless (VZ-NYSE) would become the first American company to offer cell phone roaming in Cuba. "This is an important milestone for the Telecom industry and validation of the business opportunity for our Company in the region," commented Mr. Sanchez.

While in Cuba, Mr. Sanchez met with Mr. Gilberto Torres, The US Economics Officer at the United States Embassy in Cuba. "Telco Cuba's ability to operate in Cuba was further legitimized by my meeting at the U.S. Embassy," stated Mr. Sanchez. Mr. Torres stated that "The U.S. Government resources are at our disposable." Mr. Sanchez further commented, "Our new team, representing our interest in Cuba, is key to our rapid expansion into this fertile territory. The addition of Ambassador Dr. Norberto Hernandez Curbelo and former Embassy counselor Antonio Delgado Anrecia to our team provides us the necessary bridge to doing business in Cuba."

"Being early to the market gives us a big edge and we believe we are well positioned to take advantage of today's modern technology and mobility now opening up in a country where such a small percentage of people use mobile devices and/or are connected via a mobile internet.

In the near-term, the company looks forward to sharing developments and new opportunities generated from last week's meetings, and the further positive political backdrop, paving the way for companies to do business in Cuba for many years to come," concluded Mr. Sanchez.

About Telco Cuba, Inc.
Founded in 2001, Amgentech -- the parent company of Telco Cuba -- has been providing telecommunication and Internet based solutions and services for over 14 years. Amgentech has generated over 7 million dollars in revenue. Telco Cuba is launching best of breed communication services including, but not limited to VoIP, Calling Cards and direct SMS messaging in the US and between the US and Cuba. For more information visit (http://www.telcocuba.com & http://pr.telcocuba.com)

Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Disclaimer: The press release may include certain statements that are not descriptions of historical facts but are forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are identified by words such as "may," "expects," "believes," "anticipates," "intends," "projects," or similar terms, variations of such terms or the negative of such terms and include statements regarding the potential impact of our new Drive Alert solution and the market opportunity for our new Drive Alert solution. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein including the inability of our new Drive Alert solution to have the desired impact on the reduction of driving injuries. Such information is based upon various assumptions made by, and expectations of, our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. Accordingly, there can be no assurance that actual results will meet expectation and actual results may vary (perhaps materially) from certain of the results anticipated herein. The Company has no obligation to update these forward-looking statements.

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