ATCT to Acquire Everybody's Phone Company.

HOUSTON -- Affordable Telecommunications Technology Corp. (Pink Sheets:ATCT) announced today that it has signed a Letter of Intent to acquire Everybody's Phone Company Corp. of Texas (www.everybodysphonecompany.com or www.epc-us.com).

Everybody's Phone Company (EPC), a Competitive Local Exchange Carrier ("CLEC"), is an alternative to the telecom providers that dominate local telephone markets. EPC leases telephone lines from local providers and resells services to customers on a prepaid basis. The prepaid telecom service market is fast growing. For various reasons, many people and businesses cannot get service from their local phone company. The Telecom Act of 1996 permits small companies like EPC to provide these customers with prepaid telephone service.

EPC's prepaid local telephone service (dial tone) allows customers to make and receive local, toll free, 911, and collect calls. Long distance calls can be made using phone cards. Features such as Caller ID, Call Waiting, Call Forwarding and Call Return are also available. As the service is prepaid, no deposits, credit checks, or identification are required.

"We are excited about acquiring Everybody's Phone Company," said Steve Bethke, CEO of ATCT. "We believe EPC is the ideal vehicle for marketing our prepaid telecom services and will bring significant value to ATCT. We anticipate finalizing an agreement with EPC in the coming weeks on terms very favorable to our shareholders."

About Affordable Telecommunications Technology Corp.

Affordable Telecommunications Technology Corporation is a development stage company, focused on marketing a selection of prepaid telecom services to consumers and businesses in the densely populated Gulf Coast region of Texas through a direct sales force and third-party retail stores.

Safe Harbor Statement

Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements.

This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those risks, trends and uncertainties are our estimate of the sufficiency of existing capital sources, our ability to raise additional capital to fund future operations, our assumptions regarding the competitive restructuring and deregulation of the telecom market, competition from utility companies, our dependence on the services of certain key personnel and our ability to manage our growth successfully. In particular, careful consideration should be given to cautionary statements made in the various reports Affordable Telecommunications Technology Corporation files with the Securities and Exchange Commission. The Company undertakes no duty to update or revise these forward-looking statements.

Contact Information:

Steven H. Bethke, President & CEO
Affordable Telecommunications Technology
5116 Bissonnet #339, Bellaire, TX 77401
Tel: [phone]
E-mail: [e-mail]

Investor Relations:

Trevor Burns
Tiger Capital Corporation
2267 Lakeshore Blvd. W. Toronto, Canada
Tel: [phone]
E-mail: [e-mail]