Intel® Corporation, Federal Communications Group, Inc. and Cerelink® Collaborate with Dot VN, Inc. to Build Hanoi IDC

Business Wire, May 29, 2007

SAN DIEGO -- Dot VN, Inc., a Delaware corporation ("Dot VN" or the "Company") (www.DotVN.com), (Pink Sheets: DTVI), an Internet and Telecommunications Company and authorized global domain name registrar (www.VN) for the Country of Vietnam, announced that Intel[R] Corporation ("Intel[R]"), Federal Communications Group, Inc. ("FCG") and Cerelink[R] ("Cerelink[R]") are collaborating with the Company to build out a world-class Tier-3 commercial Internet Data Center ("IDC").

Dot VN is working closely with its project manager, Cerelink[R], and collaborating with Intel[R] and FCG to begin the technical design of the 10,000 square foot IDC located in Hanoi. Intel[R] is responsible for the Networking Design and FCG for the Infrastructure Design. The Company anticipates the IDC will be completed and in operation by early January 2008.

Dr. Rod Sanchez, Chief Operations Officer of Cerelink[R], said, "We have brought together a team of world-class data center experts to design and implement a world-class data center for Hanoi."

Thomas Johnson, Chairman and CEO of Dot VN, said, "We are extremely happy to have Cerelink[R], Intel[R] and Federal Communications Group collaborating to design our first world-class Tier-3 IDC in Hanoi. Having these highly experienced and reputable technology companies on our design team is further indication that Dot VN is committed to selecting the `best of breed' to construct and deploy a technically sophisticated IDC to serve the Vietnamese government, businesses and its citizens."

About the Companies:

Dot VN, Inc. (www.DotVN.com) provides Internet and Telecommunication services for Vietnam. Vietnam Internet Network Information Center (VNNIC) awarded the Company an "exclusive long term contract" to be the first registrar to market and register its country code Top Level Domain (ccTLD) of .VN (Vietnam) via the Internet. Dot VN has established agreements with international ISP's (Internet service providers) along with over 70 top domain resellers to commercialize .VN. Also, the Company intends to offer Internet Data Center services and Wireless applications.

Intel[R] Corporation (www.Intel.com), the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Additional information about Intel is available at www.intel.com/pressroom.> Federal Communications Group, Inc. (www.FedComm.com) is a leading provider of communications infrastructure systems, headquartered in Tempe, Arizona, with branch offices located in Salt Lake City, Utah and Albuquerque, New Mexico. As a part of IES - the nation's largest electrical/communications company - FCG also provides solutions for companies with multi-state or national requirements.

Cerelink[R] (www.Cerelink.com) is a worldwide technical solutions company founded by former Intel[R] managers in 2004. Cerelink[R] has full time operations in the US and Europe. Cerelink's corporate mission is to find innovative uses of technology that create positive social impacts. We partner with educational institutions, governments, healthcare companies, and private businesses to create unique technical solutions that can eventually be replicated throughout the world. Our technical team has successfully completed several projects that have included implementing the first wireless broadband school in Costa Rica and the first wireless broadband hospital in Italy. Some of our current contracts include the creation of a city-wide wireless (WiFi/WiMax) telecommunications infrastructure providing voice and data services in Kampala, Uganda and the implementation of a high-tech sports arena in New Mexico.

Cautionary Warning Regarding Forward-Looking Statements:

This press release may contain "forward-looking statements." In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of such terms and other comparable terminology. These forward-looking statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements and the statements contained herein reflect the Company's views as of May 29, 2007. Changes in the circumstances upon which we base our predictions and/or forward-looking statements could materially affect our actual results. Additional factors that could materially affect these forward-looking statements and/or predictions include, among other things: (1) our limited operating history; (2) our ability to pay down existing debt; (3) our ability to attract and retain key executive officers and the professional advisors necessary to guide us through our corporate restructuring; (4) unforeseen costs and expenses; (5) potential litigation with our shareholders, creditors and/or former or current investors; (6) the Company's ability to comply with federal, state and local government regulations; (7) the Company's ability to maintain current agreements with the Country of Vietnam and secure additional agreements; and (8) other factors over which we have little or no control.