BroadTel Communications forges ahead with second round of financing, ECHO Broadband to invest $2.5 million

Cupertino, CA., March 26, 2001- BroadTel Communications Inc., a third generation broadband wireless and network support provider, today announced it will receive $2.5 million from Echo Broadband (Singapore) Pte. Ltd. as part of its second round of financing. The proceeds will enable the company to accelerate its global expansion and continue to boost its product development efforts.

"We are extremely pleased to receive financial backing from an international engineering service provider of the caliber of ECHO," said Ricardo Diaz, BroadTel's President and CEO. "It is a recognition of the value that BroadTel's broadband technologies and network design expertise bring to the Next Generation network market."

"We are very enthusiastic about the broadband network market and broadband wireless access in particular," said Jim Slattery, ECHO's President and CEO. "We are confident that BroadTel's unique bundling of network engineering services and focused product offerings will enable a thorough understanding of access market opportunities. This combination is certain to provide significant value to global broadband service providers."

Since completing a first round of financing in March 2000, BroadTel has moved quickly to assemble a group of executives and engineers that combines proven success and senior leadership experience.

BroadTel is currently developing a family of "plug and play" low cost broadband wireless access products based on its proprietary IP based technology. The systems will allow Next Generation network operators to offer integrated voice, data and video services with significant economic benefits to users. BroadTel offers network-engineering services based on a unique methodology, which results in optimized Quality of Service across complex multi-vendor, multi-protocol networks.

ECHO is a global team providing broadband technology solutions to fixed and wireless service providers. With over 130 dedicated professionals delivering fixed and wireless broadband network deployments in Europe and Asia, ECHO helps service providers rapidly realize broadband's last mile.

BroadTel is a privately held California company providing next generation broadband solutions with marketing and network service offices in Cupertino and wireless product in Montreal, Canada. The company provides products and services to new Integrated Communications Service Providers and existing CLECs providing advanced voice, data and video IP based services.