SOURCE: US National Telecom

March 20, 2008 09:34 ET

US National Telecom (USNT) Expanding With Direct Link to Honduras; CTO in Honduras This Week

TEGUCIGALPA, HONDURAS--(Marketwire - March 20, 2008) - US National Telecom (PINKSHEETS: USNT), through its wholesale subsidiary, is expanding to Honduras, Central America by negotiating with a licensed telco operator in Tegucigalpa, Honduras. The Company's Operational CTO was in Honduras this week to meet with on-site engineers and to review licensing agreements. The final negotiations are focused on the exclusive rights for an initial 240 channels of voice capacity, equal to more than 4,000,000 minutes of voice calls per month. US National Telecom President, Gregory Giagnocavo, said, "We're oversubscribed in potential contracts to use these lines, before they are even fully operational in our switch, which indicates the huge demand. As mentioned before, we anticipate adding Nicaragua and Belize in the coming months." The company expects to add another 240 channels by the end of April, bringing capacity to approximately 8,000,000 minutes per month. The average sale is approximately $0.10 per minute.

USNT is a rapidly growing family of New Generation telecom companies, using Internet-enabled voice technology, called VoIP. Using VoIP technology, the Company's network receives an incoming call and directs it to a local Internet/telco POP (point of presence) where the call is then transported over the Internet to a local POP, for example, in Tegucigalpa, Honduras. The call then travels the remaining distance over the official, government-controlled Honduran telephone system to the final intended destination.

The Company's subsidiary envisions that its position as a wholesale carrier solutions provider will grow, particularly as it seeks to increase its share of international voice traffic.

About US National Telecom (USNT)

US National Telecom (USNT) is a publicly traded technology company, headquartered in Denver, Colorado. The Company focus is on building a large VoIP and Internet services company by expanding to process international voice traffic and acquiring companies in the VoIP services and technology marketplace.

Safe Harbor Statement: This release includes forward-looking statements, made pursuant to the safe harbor provisions of the PSLA of 1995, that involve major risks and uncertainties based on what may be faulty assumptions or inaccurate statements. Financial information is based on revenue and deposits for services, is unaudited and subject to restatement. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

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