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Interact Holdings, Inc. To Provide Operational and Network Management Services to Utility.Net

Posted on: Tuesday, 5 June 2007, 12:00 CDT

HOUSTON, June 5 /PRNewswire-FirstCall/ -- Interact Holdings Group, Inc. (BULLETIN BOARD: IHGR) announced today that it has signed a new contract with utility.net, an emerging provider of high speed Internet access using broadband over power line (BPL) technology. This is an important step in a multi-phased effort to implement and operate a network operations center under a Master Services Agreement (MSA) signed in October 2006 between the two companies.

The utility.net Network Operations Center (NOC) is to be located in IHGR's highly secure complex in Houston, Texas. This facility will be the primary operations hub for utility.net's networks in the U.S. and the preferred provider worldwide.

utility.net is an information services integrator/operator and wholesale bandwidth provider to investor-owned utilities. utility.net's overall end to end service is provided using a core IP-based BPL distribution network. The BPL portion of the network is built as an overlay on existing electrical distribution infrastructures. The company is in the midlevel stage of deployment to provide broadband access to thousands of rural and suburban users using the distribution networks of several of the nation's largest investor owned utilities (IOUs) and has just recently announced the deployment of a commercial BPL network in cooperation with Consumers Energy in central Michigan.

IHGR is a primary participant and a management service provider in the new and emerging Infrastructure & Industrial Technology market and intends to provide the utility.net services from one of the hardened Network Operations Centers (NOC) at its facility in Houston, Texas. These facilities were originally built to manage and operate networks for Palm.net and OmniSky and have more recently been used to provide services for other wireless and wire line network providers.

"This new contract is merely the next phase in the development of the highly reliable network service we have committed to our partners and customers," stated Daniel Crespo-Dubie, VP of Network and Technology Operations for utility.net. He continued, "The vast experience of the utility.net management team in developing and providing high reliability access service offerings has taught us that the development of the proper systems and tools to effectively manage the network is essential to high network reliability."

"We are excited to be able to provide our facilities and expertise to support utility.net in their goal to be a leader in the broadband over power line market," stated Jim Nelson, President of Interact Holdings Group. "The primary focus of our efforts is to provide the services and expertise that will enable utility.net to offer the highest service levels in the industry for this network."

utility.net's main office is located in Los Angeles, CA. Additional information on utility.net can be found by visiting the company's Web site at http://www.utility.net/. Interact Holdings Group, Inc. is a publicly traded corporation on the OTC Bulletin Board. More information on IHGR can be found at http://www.interactholdings.com/.

Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of IHGR officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes,""anticipates,""intends,""plans,""expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future IHGR actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and IHGR has no specific intention to update these statements.

Interact Holdings Group, Inc.

CONTACT: James Nelson of Interact Holdings Group, Inc., +1-281-877-3565

Web site: http://www.utility.net/

Web site: http://www.interactholdings.com/

Source: PRNewswire-FirstCall

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