July 30, 2006

QT Talk a leading Wholesale provider of VOIP solutions headquartered in New York, announces that it has completed the merger of MEDcom LLC. in New York.

The merger helps create the new QT Talk. Due to the Merger QT Talk is now doing 800,000 minutes a day serving business, residential and wholesale accounts throughout the world.

The merger provides QT Talk access to a deeper and denser network to deliver more products and better service to current and future customers in all markets. The Company now possesses metro fiber rings throughout United States, Asia, Central and South America as well as the Middle East and Europe. The Company will leverage its assets to serve an even greater number of customers with local and long distance voice, dedicated Internet access, private networking and data transport services, as well as bundled voice and Internet solutions.

Through this transaction, QT Talk has enhanced its ability to provide advanced telecommunications services and high-quality customer service to a broader range of customers. The additional resources gained through this merge make the new QT Talk well positioned to offer a very attractive alternative to customers who are looking for a choice in their telecommunications service provider.