TigerTel Communications Inc.

TigerTel Communications Inc.

March 18, 2005 16:05 ET

TigerTel Communications Inc.: Press Release


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: TIGERTEL COMMUNICATIONS INC.

TSX VENTURE SYMBOL: TTL

MARCH 18, 2005 - 16:05 ET

TigerTel Communications Inc.: Press Release

MISSISSAUGA, ONTARIO--(CCNMatthews - March 18, 2005) - TigerTel
Communications Inc. (TigerTel) (TSX VENTURE:TTL), issued 750,000 common
shares at $0.20, with respect to the earn out provision of the
acquisition of Answer Plus Communication Services facilitated December
1, 2003. The shares were issued pursuant to CDNX Policy 4.3 on shares
for debt settlement and provisions of the Securities Act and OSC Rule
45-501.

Douglas D. Swift, President and CEO of TigerTel/UTR commented, "We are
extremely pleased with the contribution Answer Plus has made to the
TigerTel operation. This acquisition has far exceeded expectations."

TigerTel's management remains committed to its focus on growth,
profitability and the creation of long-term shareholder value through
strategic acquisitions, which will generate revenue, facilitate
corporate development and strengthen its management team.

About TigerTel/UTR

Canada call centers organization TigerTel/UTR specializes in inbound and
outbound call center solutions and services for clients throughout North
America. With multiple call centers in Canada, TigerTel/UTR has built an
infrastructure that provides personalized services to our clients while
at the same time delivering world-class results at every level.

TIGERTEL COMMUNICATIONS INC.

Douglas D. Swift

President and Chief Executive Officer

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    TigerTel Communications Inc.
    P. Livingstone
    (905) 629-7190
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of the content on this news
    release.