PORTLAND, Ore., Oct 6, 2003 (PRIMEZONE) -- Nettel Holdings, Inc. (OTCBB:NTTL), www.nettelholdings.com, today announced today that it has retained TheStockbroker.com, Inc. based in San Francisco, California, with offices in San Diego and New York, to provide investor relations counsel and guidance on a focused outreach to all segments of the investment community, as well as maintain communications with the Company's current and future shareholders.
Michael Nguyen, CEO and President of Nettel Holdings, Inc, commented, "We have retained TheStockbroker.com to represent our company and communicate our significant progress to the financial community. We clearly recognize that our stock is extremely depressed in price and consequently searched for a professional Investor Relations firm that could successfully communicate our exceptional growth outlook. We were very impressed with TheStockbroker.com's excellent track record of enhancing shareholder value for emerging growth companies and, therefore, chose them to help us greatly increase our visibility within the investment community."
Nguyen added, "With the expert assistance and counsel of TheStockbroker.com, we feel that our share valuations will be significantly increased as investors begin to truly understand the major revenue and earnings growth that lies ahead for us."
Marvin Bear, CEO of TheStockbroker.com, stated, "We are truly excited to welcome Nettel Holdings, Inc. to our growing list of successful clients. At its current price of around 60 cents, we feel that NTTL is very undervalued and has potential to trade much higher based on its strong fundamentals. This company has a great management team and is constantly bringing in new contracts and major business. We look forward to using our expertise and resources to effectively communicate Nettel's story to our extensive list of investors, professional money managers, and market makers."
About TheStockbroker.com
TheStockbroker.com (TSB) www.thestockbroker.com is a full-service investor relations firm serving both domestic and international clients. TSB has received top industry awards for their investor relations programs for a number of high-profile companies. The firm has executed effective investor relations programs for dozens of public companies, ranging from emerging micro-cap companies to multinational corporations with market capitalizations in excess of $15 billion. For further information on TSB, please visit the firm's Website at www.thestockbroker.com.
TheStockbroker.com serves as special advisor to Nettel Holdings, Inc. and has received fees for services. This is not an offer to buy or sell securities. Information or opinions in this release are presented solely for informative purposes, and are not intended nor should they be construed as investment advice.
About Nettel Holdings, Inc.:
Nettel Holdings Inc. is a holding company owning subsidiaries engaged in a number of diverse business activities, the most important of which are telecommunications and software. The wholly owned subsidiaries of Nettel Holdings consist of Nettel Telecom International, VoipXchange.net, and EnTec Software. In addition, the Company operates Nettel Trading, which is involved in the trading of Metals, Chemicals, and other commodities.
Safe Harbor: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital, and effectively compete against similar companies.