| [April 27, 2005] |
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Y-Tel International Adds Experience from Cingular, Ericsson, and Digicel to Its Board of Directors
MIAMI --(Business Wire)-- April 27, 2005 -- Y-Tel International (OTCBB:YTLI) announced today it has added Alan Tracey to its board of directors.
Mr. Tracey was a senior executive and Technical Director for Digicel Telecom and was in charge of the implementation of the GSM SS, BSS, PDH and VANS network on Ericsson, Nera and Redknee equipment. Mr. Tracey has worked in telecommunications for more than 10 years in countries as diverse as Congo, the Dutch Caribbean, China and many more. During his career, which spans the evolution from PSTN, to ISDN, to GSM / GPRS, Mr. Tracey has experience at all levels of the industry including Technical Engineering, Project Management, and General Management of Networks.
Steve Lipman, President of Y-Tel stated, "We are looking forward to expanding our telecommunication relationships and distribution channels throughout the territories which Mr. Tracey has been directly involved. He will be highly instrumental in the worldwide distribution of the Company's new Wi-Fi Phone, as well as bringing his years in carrier services with Colt Telecom, and Interoute, to bear in existing Y-Tel projects."
In 2002, Mr. Tracey was the lead technician for Ericsson US on the Cingular project and was responsible for the GSM-overlay system. His vast knowledge and experience encompasses the entire technology of GSM, (BSC's, MSC/HLR/VLR/AUC, Ericsson IN-Prepaid systems (PPL and PPS) on SSF/SCF, on SDP and IVR, and on MoIP Voicemail). Additionally, Mr. Tracey has implemented over 50 SS7 and VoIP interconnects around the world and offers experience with many Regulatory issues.
In his previous position as Technical Director of Dutch Caribbean, he created business analysis tools by setting up Switch and OSS statistics, interfacing to data warehousing via Excel ODBC and Business objects, and data-mining the results. He then coordinated the data results with Sales and Marketing to design pricing, promotions and various products offerings.
Mr. Tracey offers experience in Network Operations, Design and Roll-Out, with key emphasis on end-to-end Customer understanding.
Mr Lipman commented, "Mr. Tracey is a valuable addition to the Board and his insight will be utilized at all levels of the organization. His contribution will help take Y-Tel to the next level."
Mr. Tracey said today: "I am excited to be a part of Y-Tel and the future plans Management has for the Company. I am already working with several companies and contracts to help expand Y-Tel's market penetration and am looking forward to bringing Y-Tel's leading edge technologies to the world markets."
Safe Harbor Statement
This press release includes certain "Forward-Looking Statements" within the meaning of section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding potential results and future plans and objectives of Y-Tel, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in our documents filed from time to time with the Securities and Exchange Commission. Other risk factors may include, but are not limited to, our ability to obtain financing on acceptable terms, or at all, working capital constraints, fluctuation in quarterly results, and increased competition for the fields targeted by the company, our ability to commence operations as scheduled, the economical operation of the process we intend to operate and our ability to protect the proprietary technology we use. Further, the company operates in an industry sector where securities values are highly volatile and may be influenced by economic and other factors beyond the company's control, such as announcements by competitors and service providers.
The contents of this press release are presented as a general overview of the company. It is intended only to contain general information regarding the company and its business and does not purport to provide complete disclosure or analysis of all matters, which may be relevant to a decision to make an investment, including all risk factors or similar considerations. Although the information is believed current as of the date herein, the information may be subject to change, amendment or supplementation, and the company does not expect, and assumes no obligation, to update or otherwise revise the information herein.
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