IElement Records Record Revenue in January


DALLAS, Feb. 15, 2007 (PRIME NEWSWIRE) -- IElement Corporation (OTCBB:IELM) (Frankfurt:SZQ1) (Frankfurt:IELM), a nationwide provider of advanced communications services and Voice over Internet Protocol (VoIP) solutions, announced today that for the month of January 2007 the company's revenue increased more than 50 percent over December 2006 and surpassed an annualized $5 million for the first time since IElement has been publicly traded. January revenue totaled $432,483 as compared to $287,766 in December. February projects to be consistent with or higher than January.

The sharp revenue increase is a direct result of the 1,500 new business customers IElement closed in late December. The company expects to further increase revenue in the coming months by tapping into this new customer base in the form of direct sales and "selling through" to all of its business customers.

Since most of these new customers are solely receiving wireless internet service from IElement, the company sees an excellent opportunity to upgrade their services and introduce new "Enterprise" applications to these SMB customers. The primary push will be to sell them IElement VoIP or other traditional voice services. In an attempt to further differentiate itself from the rest of the marketplace, IElement is going to offer Enterprise Managed Services to its customers. Some of these enterprise Managed Services include Microsoft Exchange, anti-virus/anti-spam solutions (both managed onsite and hosted), on site IT consulting, remote LAN Management, off site data replication, off site backup & disaster recovery, L2PN wide-area networking and other advanced telecommunications services and applications.

In addition to adding customers and revenue in January, IElement gained access to five new markets. A majority of the new customers are located in Florida, Pennsylvania, Kentucky, Mississippi and Alabama, all new markets for IElement.

IElement acquired the 1,500 new business customers via a management contract signed on December 27, 2006 with Sutioc Enterprises, Inc., a management and consulting company. Sutioc owns 50.1% of US Wireless Online, Inc. (Pink Sheets:UWRL), one of the nation's largest wireless internet service providers, and US Wireless Online's customers are now under IElement's management.

You can find other IElement news at www.ielement.com/news.htm.

About IElement Corporation

IElement is a facilities-based nationwide communications service provider that provides state-of-the-art telecommunications services to small and medium sized businesses ("SMBs"). IElement provides broadband data, voice and wireless services by offering integrated T-1 lines as well as a Layer 2 Private Network and VOIP solutions. These solutions provide SMBs with dedicated internet access, customizable business solutions for voice, data, wireless, internet, and secure communications channels between the SMB offices, partners, vendors, customers and employees without the use of a firewall or encryption device. IElement has a network presence in 18 major markets in the United States, including facilities in Los Angeles, Dallas, Chicago, Fort Meyers, Pittsburgh, Louisville, Montgomery, Alabama and Jackson, Mississippi.

The IElement Corporation logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2233

This press release may contain "forward-looking statements." In some cases, you can identify forward-looking statements by terminology such as "may", "will", "should", "could", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) our dependency on senior management and officers; (2) our ability to pay down existing debt; (3) the risks inherent in the investigation, involvement and acquisition of a new business opportunity; (4) unforeseen costs and expenses; (5) potential litigation with our shareholders and/or former or current investors; (6) the Company's ability to comply with federal, state and local government regulations; (7) competition in the telecommunications market; (8) rapid technology changes; and (9) other factors over which we have little or no control.

For more information on IElement, please visit www.ielement.com.


            

Contact Data