Quamtel, Inc. Showcased as Top 10 Companies on Wall-Street.com

Quamtel, Inc., Positioned to Take a Slice Out of the Trillion Dollar Mobile Broadband Industry, Has Been Selected as a "Top 10 Company" on www.Wall-Street.com.


Ft. Lauderdale, Feb. 21, 2012 (GLOBE NEWSWIRE) -- Quamtel, Inc. (QUMI) has been selected to showcase as a Top 10 Company on www.Wall-Street.com based on the company’s potential, management track record, strong forward-looking statements and the resiliency of its sector; the mobile broadband service industry.

There are several reasons you should consider adding this emerging telecom to your investment portfolio:

EXPLOSIVE MARKET GROWTH

Mobile Internet device sales are soaring.  This is one tech sector that appears to be recession-proof.  During the most recent downturn, the sales figures for smart phones were up 74%, laptop computers sales were up 43.4% and e-reader devices are projected to grow 30% in the next 4 years.  Moreover, J.P. Morgan is estimating that the tablet industry will grow to a $35 billion market this year alone.  The dramatic consumer activity surrounding these devices has spawned significant growth in a sector gone unnoticed, until now--mobile broadband technology.

According to top analysts at the Gartner Symposium/ITxpo, this consumer device boom in smart phones, laptops and tablets will "…generate revenue from a wide range of additional services…and each of these will be a significant business worth several tens of billions of dollars per year."  They further commented on www.Wall-Street.com that worldwide mobile voice and data revenue will exceed $1 trillion a year by 2014--just 2 short years from now.  Quamtel’s DataJack mobile broadband service is well positioned to support the consumer devices boom and take a significant slice out of that trillion-dollar pie.

FIRST IN CLASS PRODUCT & SERVICE

DataJack is a fast growing provider of secure nationwide mobile broadband services offering customers flexibility and control over low cost, no contract data plans. Customers are given the opportunity to choose the data plan that best suits their needs. Plans start as low as $9.99 per month for 200MB of Mobile Broadband data, $19.99 per month for 500MB of Mobile Broadband data, $29.99 for 1GB of Mobile Broadband data and $49.99 for 5GB of Mobile Broadband data. This large selection of plans makes the mobile Internet more affordable to a greater number of people. Experience the benefits of broadband on the go at http://DataJack.com.

Quamtel entered into an agreement with telecom giant Sprint Nextel to host Quamtel’s DataJack over their trusted high-speed global broadband network.

GLOBAL 800 SERVICE BREAKTHROUGH

A breakthrough toll-free 800 service.  Quamtel’s 800.com division is introducing the first breakthrough in 800 toll-free service in the past 25 years.  Companies are no longer shackled to U.S. centric numbers but are now enabled to sell globally using 800 numbers.  This is toll-free service, at no additional cost, that can be routed to over 60 countries, including China, France, India, Mexico, Russia, Italy, Germany and the USA.

Founded in 1996, Quamtel is a premier technology company, publically traded and fully reporting OTCBB: QUMI.
-Its operating subsidiary companies are:
               -DataJack, a provider of no contract mobile broadband services, and
              - 800.com, a powerful array of network resources and the best in class Toll-Free service features     
                for consumers and businesses; with the convenience of global routing.
               -http://Quamtel.com        - http://DataJack.com     - http://800.com
             -  Earlyadapters in the development and deployment of true, plug and play architecture platform    
                that dramatically accelerates time to market.

Safe Harbor

Statements about the Company's future expectations and all other statements in this press release other than historical facts, are 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995.  The Company intends that such forward-looking statements be subject to the safe harbors created herein.

The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management.  When used in this document, the words 'anticipate,' 'estimate,' 'expect,' 'intend,' 'plans,' 'projects,' and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements.  Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted.  Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected.  In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein.  Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties. 

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