TOWSON, Md., April 26, 2004 (PRIMEZONE) -- Amitelo Communications Inc.'s (Pink Sheets:ALOC) European subsidiary Sunline Communications S.L. announced today that it increased its SAT-DSL April sales by 50% compared to the previous month and is to become the main Amitelo platform for the generation of VoIP traffic collected through the offered residential services in southern Spain.
"Connecting urbanizations in southern Spain to Amitelo's network via wireless technology combined with the SIP technology will lead to gaining thousands of subscribers/residential clients," said Amitelo's CEO, Khaled Akid. "This specific retail target group doesn't have telephone lines at home and have no choice other than accepting our unique high-quality IP-solution to receive connectivity, as we are the sole company in southern Spain offering such solutions."
About Amitelo Communications, Inc.
Amitelo Communications Inc. is an international telecommunications and internet service provider company. Amitelo's core business is dealing with the delivery of high quality voice & Internet services. The company's concentration is on providing both VoIP (Voice-over-IP) services and DSL/Broadband via Satellite in regions lacking connectivity. Several parts of southern Europe, many regions in Africa and the Middle East currently lack connectivity. The company is currently dealing with Internet & Voice traffic generated by its international subscribers and is in the process of expanding its services by establishing further Points of Presence (POPs) throughout Africa and the Middle East. The company's Management represents over 70 years of combined experience in almost all aspects of Information Technology and Telecom.
Safe Harbor
Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted and reported results should not be considered an indication of future performance. In addition to the factors discussed in the filings with the Securities and Exchange Commission, among the other factors that could cause actual results to differ materially are the following: adverse changes in the business conditions and the general economy; competitive factors, such as rival companies' pricing and marketing efforts; availability of third-party material products at reasonable prices; the financial condition of the customer; risks of obsolescence due to shifts in market demand; and litigation involving product liabilities and consumer issues. Amitelo Communications, Inc. cautions readers not to place undue reliance upon any such forward looking statements, which speak only as of the date made. Amitelo Communications, Inc. expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the company's expectations or any change in events, conditions or circumstances on which any such statement is based.