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January 24, 2008
US National Telecom (USNT) Makes Splash at ITExpo Show in Miami; 3-for-1 Stock Split
(Market Wire Via Thomson Dialog NewsEdge) DENVER, CO, January 24 / MARKET WIRE/ --
US National Telecom (PINKSHEETS: USNT) continues
to increase revenues at its Vitelity subsidiary, a rapidly growing VoIP
telecom company. Vitelity , a major sponsor of the ITExpo.com show, will
introduce several new products today. It also announces that revenues have
increased for the 13th month in a row and that it is on track to realize a
revenue run rate of over $2.3 million in the coming year. USNT has
previously announced a 3-for-1 stock split effective February 1, 2008.
The ITExpo show attracts over 7,000 attendees, many from outside the USA
who are interested in the Company's growing international operations.
Vitelity is offering wholesale voice traffic services to international VoIP
and Internet Service Providers. The company's newest subsidiary, oneWorld
Networks, will focus on high volume international call traffic.
The international voice traffic marketplace is estimated to be a more than
$10 billion a year business and the Company is anticipating success and
higher revenues in the international market.
The Company envisions that its position as a wholesale carrier solutions
provider will grow, and that it hopes that it will be able to establish
itself in the competitive high margin VoIP and IP services marketplace.
About US National Telecom (USNT)
US National Telecom (USNT) is a publicly traded technology company,
headquartered in Denver, Colorado and has been assigned the coveted ticker
symbol USNT. www.USnationalTelecom.com 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 inaccurate
assumptions or 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 INFO:
Investor RelationsEmail Contact
Copyright ? 2008 Market Wire, Incorporated
(source: http://www.tmcnet.com/usubmit/2008/01/24/3228457.htm)
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