Us National Telecom (USNT) - Vitelity Zooms Near Record $2 Million Revenue
Vitelity Communications, an affiliate of US National Telecom (Pinksheets: USNT), is fast approaching its goal of $2 million in annual revenue, an almost 100% increase in annual revenue run rate from the Spring of 2007.
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June 10, 2008 (FPRC) -- Vitelity's deep experience in the VoIP telecom space, and their reseller programs have helped increase revenue. Vitelity offers a full suite of carrier-based solutions including domestic call Origination, global call Termination, local and Toll Free telephone numbers, E911, and digital Fax services.
"Vitelity has a proven track record in providing creative and cutting edge technology. It's proven to be a great investment for USNT,” stated the President of USNT, “and this portal initiative should add tens of thousands of dollars to monthly revenue as it is implemented by dozens of resellers.”
Vitelity’s scalable voice network provides virtually unlimited scalability and capacity to handle large call volumes and the company currently handles millions of minutes of calls per month.
The current share structure of USNT is 460,083,750 shares outstanding with 240,763,800 Restricted and 2,000,000 Preferred shares.
About US National Telecom (USNT)
Vitelity, (www.vitelity.com) formed in 2003, provides wholesale VoIP services worldwide. Vitelity is a certified SMS/800 RespOrg and offers Toll Free and domestic Origination and global Termination. US National Telecom (Pinksheets: USNT) is a publicly traded company in Denver, Colorado. The Company is planning to expand its international voice traffic and seeks to acquire companies in the VoIP marketspace. www.USnationalTelecom.com
Safe Harbor Statement: This release includes forward-looking statements, made pursuant to the safe harbor provisions of the PSLA of 1995, that involve major risks and uncertainties based on what may be faulty assumptions or inaccurate statements. Financial information is based on projections of revenue and deposits for services, is unaudited and subject to restatement. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. CONTACT INFO: Investor Relations ir@USnationalTelecom.com
Send an email to Monica Williams of Vitelity US National Telecom USNT
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