Friday, March 02, 2007

Nettel Holdings Announces VOIP Payment Services and Tougi Reaches 1,000 Manufacturers

(NTTL) (Analyst - Wasserman Morris Co.)

VOIP Payment Services to Diversify Revenue by Offering Electronic Online Payment Service to Tougi and Online Retailers

Thursday March 1, 8:58 am ET
PORTLAND, OR--Mar 1, 2007 -- Nettel Holdings, Inc. VOIP Payment Services Division, to Diversify Revenue by Offering Electronic Online Payment Service to Tougi and Online Retailers.
VOIP Payment Services VE is a proven, trusted, and reliable service. The logo 'VE Accepted Here' is very well known in the telecom industry globally. We have been successfully evaluated, stress tested, and used over the past year. VE has been widely adopted by buyers and sellers and is now accepted as a payment option by over 2,000 telecom companies located in over 40 countries. With superior risk management and fraud detection capabilities, the propriety system has made buying and selling telecom minutes simple, safe and affordable for many companies.

VE was created to provide a safe and secure automated platform for buyers and sellers to buy and sell large blocks of telecom minutes directly between each other. For each transaction, both parties know each other in advance. VE acts as a middle-man who protects the buyer by assuring the buyer he receives minutes he has ordered, and we protect the seller by ensuring the money is available to him for minutes he has sold. VE makes $.0005 per minute for each minute processed. The unique features with VE propriety system is the whole entire transaction can be done 24/7 by both parties without the help of a live person.

Over the past year, VE members were limited to use the funds available in their accounts only to buy and sell telecom minutes. We have been receiving a lot of requests from members asking for the capability to buy and sell expensive telecom equipment with the funds available in their account. This option was not available until now. With the latest VE version 10, VE members will be able now to post their telecom equipment and servers for sale on Tougi. VE buyers can now purchase this equipment with the funds available in their account. In addition, they can now use the funds in their VE account to purchase from any of the over 50,000 products currently listed on Tougi.

In further expansion, we have been in discussion with other online retailers to add VE as a payment option to their online stores and auctions. The service works similar to PayPal. Online retailers approved for participation can display a "VE Accepted Here" logo on their online website or auction. Online consumers and businesses will be able to buy more confidently by looking for websites that display VOIP Payment Services "VE Accepted Here" logo.

For additional information on VOIP Payment Services, please visit http://www.voippayments10.net/.
Contact: Contact:
Investor Relations
503-336-5098

Source: Nettel Holdings


Press Release
Source: Nettel Holdings

Tougi Reaches Significant Growth Milestone of Over 1,000 Manufacturers

Tuesday February 27, 9:24 am ET
PORTLAND, OR--Feb 27, 2007 -- Nettel Holdings, Inc. today announced Tougi Reaches Significant Growth Milestone of Over 1,000 Manufacturers.

Bolstered by the magnitude of responses to its unique global clearinghouse, Tougi is taking steps to prepare for the anticipated revenue growth resulting from sales of its online products.
Our customer base is growing rapidly, but with over 1,000 manufacturers and 50,000 products listed, we have not even scratched the surface. In order to maximize the coordination of the volume of orders, the expansion will occur in two major phases. Phase one will focus on developing relationships with key manufacturers, while the second objective is to increase the number of wholesale buyers. Nettel and Tougi management believe that significant solid results should be expected by third quarter 2007.

Tougi sales teams have completed and shipped dozens of small orders while working with large wholesale buyers on significantly larger ones. On average, we have been receiving 12-13 new order inquiries each day. Small orders take 5-7 days to complete while larger orders can take 3-4 weeks. The majority of the larger orders will be repeat orders. Tougi is preparing for additional growth and has recently added an additional 11 sales and support personnel to better serve its current and future customers.

As reported in a previous press release, feedback from the Tougi private label program has been overwhelmingly positive. We have seen an increase in requests for information to private label many products. The benefit to Tougi of having Tougi branded products is tremendous. Tougi doesn't have to purchase or stock any inventory in advance. Once the wholesaler pays for his order, Tougi will place the order with the manufacturer for that shipment and the manufacturer will put the Tougi label on his product and ship it to the buyer. Tougi is moving forward with confidence. As more wholesalers take advantage of this win/win relationship, we expect to spread the Tougi Brand into retail stores worldwide.
Contact: Contact:
Investor Relations
503-336-5098

Source: Nettel Holdings

CT's current personal short-term/immediate price target $1.50

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