SOURCE: US National Telecom

March 11, 2008 09:18 ET

US National Telecom (USNT) Receives $160,000 Monthly Voice Traffic Contract

DENVER, CO--(Marketwire - March 11, 2008) - US National Telecom (PINKSHEETS: USNT), through its wholesale subsidiary, has received many offers for its voice traffic routes to El Salvador, Guatemala, and Honduras. A very large UK telco has now signed a contract for voice traffic estimated to generate $160,000 per month for a minimum of twelve months. US National Telecom President Gregory Giagnocavo said, "We're having great success in marketing these new routes which seem to be the key for growth for a smaller telecom company such as USNT's family of companies. We anticipate adding Nicaragua and Belize in the coming months." The new UK contract is pending, subject to credit review and approval by USNT and its providers.

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 Guatemala City. The call then travels the remaining distance over the Guatemalan 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.

Contact Information