2007'02.04.Sun
TCOM Completes Previously Announced Acquisition of Wukuang

June 21, 2006
HONG KONG, June21 /Xinhua-PRNewswire/ -- Telecom
Communications, Inc. (OTC Bulletin Board: TCOM) today
announced its subsidiary, Alpha Century Holdings Limited
(Alpha) has completed an acquisition of 100% ownership
interest of Guangzhou Panyu Minmetals Import & Export
Co., Ltd., a PRC L.L. company, the operation of Wukuang IE
Limited ("Wukuang"), from its owners in
$500,000cash.
"We are very pleased with the final structure of
Wukuang," said Tim Chen, Chief Executive Officer of
TCOM. "We saved $5.5 million in acquiring a company
with an annual profitable revenue of more than $10 million.
This transaction is expected to enable Wukuang to integrate
the use of Subaye.com, as well as Wukuang's experts from
the logistics facility in China."
TCOM will be implementing the deployment of its SMEs
e-commerce logistic in both China and overseas, and will be
tying such deployment, where possible, for use at the
Wukuang facilities. There are such uses for this logistic
in both traditional trade and e-commerce.
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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