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United American Corporation Launch AmericaIPOne'TM', the First North American IP Telecommunication Cooperative System

Posted on: Tuesday, 17 August 2004, 06:00 CDT

North America: a local call

United American Corporation (OTCBB: UAMA), announces today that its wholly owned subsidiary Teliphone, Inc a leading Mobile Internet telephony service provider is launching the first North American IP telecommunication cooperative system.

teliphone(TM) subscribers will pay $12.95 per month to become an AmericaIPOne(TM) cooperative member, for calls anywhere in North America, as any regular local call, that is without any additional cost.

AmericaIPOne(TM) is a cooperative system, serving subscribers based on the sharing of the IP telecommunication capacity of the teliphone(TM) global network. The teliphone(TM) supervision management system has reserved an amount of IP telecommunication circuits, that will be accessible to the cooperative members. The system is currently being tested with selected users and will be available to all teliphone(TM) subscribers on September 1, 2004.

The initial switching capacity of AmericaIPOne(TM) is approximately 50 millions minutes of telecommunication throughout North America, provided and managed by United American Telecom Inc, a wholly owned subsidiary of UAC.

"AmericaIPOne(TM) is the result of the joint venture between all UAC group of subsidiaries, demonstrating the great extent of the group synergy", commented Benoit Laliberte, President & CEO and "this service is in line with our business deployment strategy, that is going toward a complete horizontal integration of one single global VoIP solution", added Mr. Laliberte.

The teliPhone(TM) service can be used in offices and homes through high speed Internet access equipped with Wi-Fi access point, as well as in any indoor or outdoor public or private Wi-Fi covered local area networks. The service offers unlimited incoming and outgoing calls in the covered areas. Also every teliPhone(TM) to teliPhone(TM) calls are considered local free calls, wherever they are physically located in the world. Also, the voice quality of teliPhone(TM) is similar to regular telephony services.

The service is offered at a rate of $16.95 (USD/CDN), excluding the price of the teliPhone(TM) device.

Most of the optional features available on traditional residential telephones are an integral part of teliPhone(TM)'s basic service plan. In addition, many other sophisticated features are part of teliPhone(TM) basic service plan. Some of the teliPhone(TM) features are:

-- Unique and universal number, with FollowMe(TM)

-- Voice mail with unified messaging

-- Conference calling system

-- Caller ID

-- Real time call transfer

-- Online account management

-- Enhanced communications confidentiality

-- Low international long distance rates

-- Multiple area code phone number on a single teliPhone(TM)

With FollowME(TM), if a user cannot be reached on his teliPhone(TM) then the FollowME(TM) robot will search for the user on any pre-selected phone numbers considering the priorities and routing criteria based on the time and day of the week. The user no longer needs to worry about managing various telecommunication devices such as the residential phone, work place phone, cell phone, etc. He no longer needs to manage calls forwarding between multiple phones lines. Once FollowME(TM) is configured, everything is done automatically, without any additional human intervention.

About TeliPhone, Inc

Teliphone Inc is a wholly owned subsidiary of UAC. Since 2001, the company is the pioneer of Voice over Internet Protocol in Canada. The company was the first Canadian VoIP service provider to offer a national wide telecommunication local calls coverage service. The company developed a powerful back office system that gives an integrated web-based personal portal to their subscribers, which constitutes the core technology of the today's mobile teliphone(TM) services. teliphone(TM) operates its own Main CO (Central Office) in Montreal, from where all worldwide teliphone(TM) devices are controlled, thus giving the company the advantage of centralize operations and cost reductions.

The CO is a state-of-the-art, with redundant equipments including battery backups, electric generators, redundant air conditioning system, and fibre optic Internet backbone connections. Also, teliphone(TM) rely on leading edge equipment witch is mainly constituted of HP/Compaq servers, running with Microsoft Windows and Linux servers operating system, and Cisco System and Quintum Technology switches, gateway and network equipment. For more information, visit the company website at www.teliphone.us

About United American Telecom

United American Telecom is a wholly owned subsidiary of UAC. The company operates CaribbeanONE(TM), a VoIP international proprietary link and Gateways, transiting Worldwide calls in Caribbean countries. The total capacity of CaribbeanONE(TM) is 2 million minutes per month of international calls termination and is available to several national telecommunication companies. CaribbeanONE(TM) is an end-to-end Fibre-optic & microwave Virtual Private Network (VPN) between the company North American main and remote central office (CO). With a 50 milliseconds connection delay, CaribbeanONE(TM) is the fastest and most powerful connection within the Caribbean countries, as fast as a New York-Los Angeles connection.

About United American Corporation

United American Corporation is a holding and management of next generation of Voice over Internet Protocol (VoIP) based telecommunication Company. The organization currently has five subsidiaries. Each subsidiary operates in a specific niche market in a fast growing global worldwide IP-based telephony network. The company has created a network that is providing services from local IP-based telecommunication to international telecommunication carriers. teliphone(TM), Inc operates sophisticated extended local communication VoIP central office, while United American Telecom, Inc operates CaribbeanONE(TM) a state-of-the-art International telecommunication route & gateway. For more information, visit the company website at www.unitedamericancorp.com.

This news release contains forward-looking statements that are subject to various risks and uncertainties. The Company's actual results could differ materially from those anticipated in such forward-looking statements as a result of numerous factors that may be beyond the Company's control. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made, and the Company assumes no obligation to update forward-looking statements should circumstances in management's expectations or opinions change.

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