TelcoCuba Files With Office of Foreign Asset Controls (OFAC) to Provide Telecom Services to Cuba

MIAMI, FL--(Marketwired - Jun 16, 2015) - TelcoCuba, Inc. -- (OTC PINK: SUGO). A U.S. publicly traded internet solutions and telecom provider is proud to announce they have filed the necessary documents to receive OFAC approval under the Cuban Assets Control Regulations, 31 C.F.R. part 515.

U.S. Telecom companies are now able to provide telecom services directly to Cuba. TelcoCuba has started to offer its Smart Phones, VoIP, and Low Voltage Services both domestically and internationally. TelcoCuba has generated approximately $350k YTD.

Upon OFAC approval, the company will be offering discounted minute plans and calling cards.

"We are engaged in direct discussions with a Mobile Virtual Network Operator (MVNO) to either acquire or provide white label services," said William J Sanchez president and CEO of TelcoCuba. "TelcoCuba will be attending the Feria Internacional de la Habana (FIHAV 2015), which is Cuba's largest trade expo show from November 2-8, 2015," added William J Sanchez.

TelcoCuba will be updating the general public and our shareholders on corporate advances and are working diligently to bring the company current on its filings.

About TelcoCuba, Inc.: Founded in 2001, Amgentech -- the parent company of TelcoCuba -- has been providing telecommunication and internet based solutions and services for over 14 years. Amgentech has generated over 7 million dollars in revenue. TelcoCuba 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)

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