Axesstel to Showcase at China Hi-Tech Fair in Shenzhen; Leading San Diego Technology Companies Join Forces to Sponsor Exhibit in the San Diego Pavilion.

SAN DIEGO -- Axesstel, Inc. (AMEX:AFT), a designer, manufacturer and marketer of CDMA-based fixed wireless voice and data products for the worldwide telecommunications market, announced today that the Company is joining with leading San Diego technology companies, including Qualcomm Incorporated, to present at the China Hi-Tech Fair (CHTF) in Shenzhen from 0ctober 12th - 17th, 2004.

CHTF, a forum for corporate executives, investors and senior government officials from China and the rest of the world, is one of the largest and most important trade fairs in China. Last year, this event attracted nearly 300,000 visitors from China and 26 other countries.

Axesstel will be presenting at the San Diego Pavilion exhibit along with other leading San Diego business organizations, such as the AeA San Diego Council, the San Diego Telecom Council, the US Department of Commerce and the County of San Diego. The San Diego Pavilion is organized by the Asia Desk of the San Diego World Trade Center.

"We are excited to expose our next-generation solutions at this prestigious trade event," said Lixin Cheng, President of Axesstel Wireless Group. "As the telecommunications market in China continues to open up through restructuring and deregulation and as businesses and consumers start to leverage the benefits of improved connectivity, we see a growing demand for robust and cost-effective fixed wireless voice and data solutions."

About Axesstel, Inc.

Axesstel, Inc. (AMEX:AFT) produces fixed wireless devices based on CDMA, CDMA2000, and emerging 3G broadband IP technologies. Axesstel is pursuing technology and applications that are designed to enable the development and delivery of carrier-class subscriber-based solutions, including fixed wireless desktop phone terminals, payphone terminals, data terminals and broadband modems. To date, Axesstel's Qualcomm-licensed products can be found in more than 23 countries worldwide. Axesstel is headquartered in San Diego with a research and development center in Seoul, Korea.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: The statements set forth above include forward-looking statements relating to expansion into new markets and growth of the customer base. Axesstel wishes to caution readers that actual results could differ materially from those suggested by the forward-looking statements due to risks and uncertainties and a number of important factors. Those factors include, but are not limited to, the possibility of delays in adoption of new technologies in developing markets, competition for contracts with our large telecommunication carrier customers, the requirement for end users to accept our products and technologies, lack of continued acceptance or growth of CDMA technology in target markets, possible adverse results from litigation pending in Korea against one of our subsidiaries and other risk factors and information contained in Axesstel filings with the Securities and Exchange Commission.