Stock Newsletter of North America Announces Investment Opinion on EuroTelecom Communications Inc.

HOUSTON--(BUSINESS WIRE)--Nov 1, 1999--

Stock Newsletter of North America 

Special Recommendation: EuroTelecom Communications Inc.

This undervalued company represents an early stage discovery of a successful information technology growth company. EuroTelecom has not had a promotion and is virtually undiscovered. Application process is underway to become a full-service telephone company and to make an IPO on the London Stock Exchange in January.

TECH REPORT: Telecommunications & Information Technology Company

CURRENT INFORMATION:

Trading Symbol: EUTCE

Recent Share Price: $2.00

Shares Outstanding: 6,426,360

Approximate Share Float: 500,000

Recommendation: Buy up to $15.00

Hold Period: Through Dec. 2000

Appreciation Range: $30 - $40

Full Reporting: Form 10SB Filed

INVESTMENT APPEAL; COMPANY HIGHLIGHTS:

-- Contracts (40+) under bid: $255 Million; increasing by year

end.

-- Full-Service Telephone company application begun.

-- Acquisitions to be announced in USA & UK.

-- Application for IPO on London Exchange in process.

-- Filed Form 10SB to become fully reporting.

-- Contract announcements in first year (1999) exceed $8 Million.

-- Fiber Optic Cable wholesale distributor & provider sales are

skyrocketing.

COMPANY MANAGEMENT:

EuroTelecom conducts its operations and expansion plans based on a business plan that was meticulously developed over two years and was approval by the board of directors. Management is experienced in the Telecommunications and Information Technology industries. Stated company goals include the acquisition of small efficient segmented service companies in the IT and Telecom arenas in order to build a mid-range, turnkey IT company. This goal was achieved in less than one year (1999). Management is well known in the Telecommunications and IT industries, very dedicated and aggressive in seeking new strategic growth alliances and in developing new business opportunities.

COMPANY DESCRIPTION:

EuroTelecom Communications Inc. is a global Turnkey Provider of computer technology services and products including state-of-the-art fiber optic installations, government defense systems, oil and gas Information Technology applications, enterprise resource solutions, software sales distribution and application support, networking solutions and real time security monitoring. The Company has begun an application process to become a full-service Telephone company.

CURRENT DEVELOPMENTS:

EuroTelecom Communications has filed to become a full reporting company and has begun the application process to be listed on the London Stock Exchange. Previous high-tech companies that obtained LSE listings have undergone five to ten fold share price increases upon initial offerings. In addition to these applications, the Company has begun a process to license as a fully regulated Telephone Company. The benefit of becoming a Telephone company is gaining access to a global database of customers to allow marketing of Information Technology products and services and substantial revenue generation from the subscriber base.

PROJECTS:

EuroTelecom Communications currently has multiple project bids outstanding that total more than $255 million. Given a success rate of only 25%, the company would have revenues of over $60 Million in year 2000. More projects are being submitted currently which would increase the total by year end. The success rate of 25% could be considerably higher due to the company's previous work experience with the contractors under bid. If present rates of success continue, EuroTelecom could experience a ten to twenty fold revenue increase in 2000.

CORPORATE GROWTH PROCESS:

EuroTelecom's growth plan is based on both acquisitions and new business development. The company's growth is accelerating as it offers the market something unique: a quality midsize IT and Telecom service provider that is capable of fulfilling contracts that many of the larger companies cannot successfully bid or deliver. Another expansion feature is the ease and efficiency of acquisitions that are facilitated by offering smaller technology providers the opportunity to grow under the full service umbrella of a publicly traded entity. The present, highly fragmented structure of the IT industry makes it possible to acquire revenue producing companies by offering the growth opportunities of a public holding company. This process results in minimal share dilution and maximum value added for EuroTelecom investors. Acquired companies experience immediate benefits of scale economies, increased distribution, new strategic marketing alliances, product development and expansion into new markets. There is an oversupply of good acquisition growth targets in EuroTelecom's immediate future.

Information Sources:

-- Web Site: http://www.eurotelecom.co.uk

-- Form 10SB, EDGAR Database: http://www.sec.gov

-- Filing Process: http://www.otcbb.com

-- Stock Quote: http://quote.yahoo.com/ (Yahoo symbol:EUTCE.OB)

(Trading symbol will revert to EUTC after SEC filings are final).