Netel Technology

provider. Its mission is to enhance the communication worldwide and to provide terminations via its high quality Voice over Internet Protocol (VoIP) systems.

With its integrated gateway that supports both PSTN and VoIP functionalities, the company is able to offer wholesale services that allow telecommunication service providers to route their calls via the company's integrated gateway. The Company has also teamed up with foreign telecommunication service providers in a reciprocal arrangement whereby the company would route its international calls via those foreign gateways to gain access to call destinations within those countries, and vice versa. This method enables the company to enhance its global network reach without having the need to invest large sums of capital in setting up overseas infrastructure. The principal countries currently covered by the company under this arrangement include the PRC, Taiwan, Korea, Singapore, Malaysia, the United States and the Philippines.