ATSI Communications Announces Planned Merger With CCC GlobalCom.

Business Editors/High-Tech Writers

SAN ANTONIO--(BUSINESS WIRE)--Feb. 7, 2003

ATSI Communications, Inc. (AMEX:AI) today announced that its Board of Directors has approved a strategic merger with CCC GlobalCom of Houston, TX (OTCBB:CCGC).

John R. Fleming, ATSI's Interim Chairman of the Board remarked, "A combination with CCC GlobalCom provides significant synergy for the merged entity. Both companies focus on the Hispanic market. CCC GlobalCom, through its wholly owned subsidiary, Ciera Network Systems, has a strong customer Latino base of individuals and small businesses in the United States. It's a perfect fit for ATSI's infrastructure and operations in Mexico. The merger will create an international telecommunications company with a leadership position in serving the paired-market between the U.S. and Mexico at a time when Mexico has surpassed Canada and become the most frequently dialed country in the world by Americans."

Under the terms of the preliminary Letter of Intent, CCC GlobalCom and ATSI would sign a Joint Management Services Agreement to operate ATSI's wholesale network. As part of its commitment, CCGC would provide interim financing while the merger is in process and provide letters of credit for ATSI to restart its recently idled wholesale customer network. ATSI's network will provide a lower cost of long distance transport for Ciera's existing customer base. The combined entity will be listed as ATSI Communications, Inc. and expects to continue to be traded on the American Stock Exchange under the symbol of AI. The merger would likely result in a change of control thereby triggering an additional listing standard under Section 341 and subjecting the combined entity to American Stock Exchange's original listing standards. The transaction is subject to shareholder approval.

In addition, ATSI announced today, Stephen M. Wagner, President, Chief Executive Officer and Director had resigned to pursue other business opportunities. John R. Fleming, Interim Chairman of the Board stated, "Steve has done a great job working on this merger and other strategic moves for ATSI. We wish him well." In addition, Darrel Kirkland and Carlos Kauachi have resigned from ATSI's Board of Directors.

The Board of Directors has appointed Raymond G. Romero to serve as Interim Chief Executive Officer effective immediately.

CCC GlobalCom Corporation is an Integrated Communications Provider (ICP) headquartered in Houston, TX. The Company offers a full range of communications services to commercial and residential customers while providing a single point of contact through bundled billing services. CCC GlobalCom Corporation provides local, long distance, high-speed data, Internet, paging and other enhanced communications services in the United States. In addition, CCC GlobalCom Corporation has franchise operations in Colombia, South America. CCC GlobalCom Corporation actively seeks opportunities to acquire existing telecommunication service providers, customer bases and major telecommunication switching equipment to be deployed in its target markets.

ATSI Communications, Inc. is an emerging international carrier serving the rapidly expanding niche markets in and between Latin America and the United States, primarily Mexico. The Company's borderless strategy includes the deployment of a "next generation" network for more efficient and cost effective service offerings of domestic and international voice, data and Internet. ATSI has clear advantages over the competition through its corporate framework consisting of unique licenses, interconnection and service agreements, network footprint, and extensive retail distribution.

This news release contains forward-looking statements. These statements describe management's beliefs and expectations about the future. We have identified forward-looking statements by using words such as "expect," "believe," and "should." Although we believe our expectations are reasonable, our operations involve a number of risks and uncertainties, and these statements may turn out not to be true. More detailed information about ATSI Communications, Inc. is available in the Company's public filings with the Securities and Exchange Commission.