TOWSON, Md., April 7, 2004 (PRIMEZONE) -- Amitelo Communications, Inc. (Pink Sheets:ALOC) announced today it has retained Elite Equity Marketing Group as the Company's Investment Bankers and Investor Relations firm. Based in Baltimore, Elite Equity Marketing Group concentrates on promoting awareness among brokers, investors, and others in the investment community of small and micro-cap companies which otherwise have difficulty receiving financial coverage. Elite Equity Marketing Group will get Amitelo in front of a very large investment community and will assist Amitelo into moving to a Senior Exchange.
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 companies 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 POP Points of Presence throughout Africa and the Middle East. The company's Management brings over 70 years of combined experience in almost all aspects of Information Technology and Telecom.
Forward-looking statements in this release are made pursuant to the "safe harbour" provisions of the Private Securities Litigation reform Act of 1995.
Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all "other risks" associated with business. For more information on Amitelo Communications, Inc., please visit our website at: www.amitelo.com or e-mail us at info@amitelo.com