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2007'02.01.Thu
TCOM Announces Alpha Century Signs Letter of Intent to Acquire Wukuang Import & Export Limited, to Merge with Its SME e-Commerce Platform: Subaye.com in China
February 28, 2006

    HONG KONG, Feb. 28 /Xinhua-PRNewswire/ -- Telecom
Communications, Inc. (OTC Bulletin Board: TCOM) today
announced its subsidiary, Alpha Century Holdings Limited
(Alpha) has signed a Letter of Intent to acquire Wukuang
Import & Export Limited (Wukuang).  Alpha plans to
acquire a 100% interest of Wukuang in exchange for $6
million in cash and convertible notes.  Wukuang Managements
will become an integral part of TCOM's SME China strategy as
Alpha's Business to Business to Consumer (BtoBtoC) value
chain Subaye.com e-commerce business. 

    Wukuang Import & Export Limited is a privately
owned company.  Established in 2003, it's headquartered in
Guangzhou, China.  Wukuang imports various products for
reselling to SMEs and purchases merchandise from SMEs to
export to oversea markets.  In fiscal 2005, Wukuang had
record profitable revenue of $12 million, and fiscal 2004
was $10 million.  Alpha's attorneys and accountants will be
completing further due diligence prior to the closing date. 
The acquisition is also subject to approval by the board of
directors of both companies, the shareholders of the target
company, and a completion of audited financial statements in
accordance to GAAP as required by the SEC.

    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. ( http://www.subaye.com ), IC Star MMS, Ltd.
( http://www.icstarmms.com ) and 3G Dynasty Inc. (
http://www.skyestar.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. 

     For more information, please contact:

      Ms. Sandy Tang
      Telecom Communications, Inc.
      Tel:   +852-2782-0983
      Email: pr@tcom8266.com

SOURCE  Telecom Communications, Inc.
PR
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