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Subaye.com Records Monthly Fee Revenue of $1.2 Million in February

2007-03-08 10:10 1921

HONG KONG, March 8 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM), the Total Solutions Provider, announced today that in February 2007 its subsidiary, Subaye.com corporate video sharing channel, generated 6,800 new enterprise video users for its services, which include uploads, storage, sharing and publishing. $1.2 million in income from monthly fees was generated in February, representing over 30% growth from the previous month.

After the 30 day free of charge period, there was a $60 monthly fee for each corporate user of Subaye.com video services. This revenue-generating fee resulted in $1.2 million in income in February. The video service also offers assistance to corporate users in the studio, including with DVD recording, delivering videos to Subaye video storage, and posting to the video sharing websites of Subaye.com alliance members. The potential users of the Internet Corporate Video service are the 20 million Small and Medium size Enterprises in China.

About Telecom Communications, Inc.

Telecom Communications, Inc. (TCOM) is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications. Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Ltd., IC Star MMS, Ltd. ( http://www.skyestar.com ), Guangzhou TCOM Computer Technology Limited ( http://www.mystaru.com ) and majority owned subsidiary HRDQ Group, Inc. ( http://www.subaye.com ).

Safe Harbor

The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward- looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

Source: Telecom Communications, Inc.
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