ChinaTel Group Sets up Applications Center in Taipei, Taiwan

Business Wire, Oct 10, 2008

About ChinaTel Group, Inc.

ChinaTel Group, Inc. is a business entity forged through a merger with Trussnet USA, Inc. ("Trussnet") to acquire and operate WiMAX networks in key markets throughout the world. ChinaTel's vision will deliver a new way of communications and invest in building long-lasting relationships with customers and partners to lead the broadband industry in customer service and responsiveness. Our strategy is to build leading-edge IP-leveraged solutions advanced by our worldwide infrastructure and leadership in emerging markets. ChinaTel, through its wholly-owned subsidiary, Trussnet, also currently provides telecommunications infrastructure engineering and construction services throughout the world, with plans to expand into select countries. ChinaTel is currently a leading service provider throughout Asia providing services to telecom companies in China, Singapore, Taiwan, and Hong Kong. The management team has provided architecture and engineering services for the wireless telecommunications industry for more than 30 years and has been involved in the design, construction and deployment of more than 20,000 wireless projects. For more information, please visit www.chinatelgroup.com.

Notice regarding forward-looking statements

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined by the United States Private Securities Litigation Reform Act of 1995. Any such forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties that may cause actual results to differ materially from expectations such as material adverse events affecting the company, the ability of the company to satisfy the conditions to completion of the business combination and those other risks and uncertainties detailed in the company's filings with the Securities and Exchange Commission.