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Nettel Holdings Provides Update on AVOP Division

AVOP Currently Producing $19,000/Day in Revenues

Nettel Holdings, Inc. (OTC BB: NTTL), Berlin and Frankfurt Stock Exchanges (NT7, WKN 727487) provides update on AVOP division.

Advanced Voice Order Processing (AVOP) is very similar to eBay in that it allows a community of VoIP buyers and sellers to post their quantities and prices in hopes of making a transaction. AVOP has the lowest prices in the world for VoIP minutes. Over 1000 carriers have already signed up to AVOP and 100 of them have started actively using the system. AVOP is currently averaging $19,000/day in revenues with average gross profit margins of 8-12%, and management expects revenues to be in the $25,000-$30,000 range within the next 6 weeks.

In Q1, management expects Nettel Trading, Nettel Telecom, AVOP, and PhoneZoo to contribute significant revenues to Nettel Holdings. AVOP is now producing meaningful revenue as outlined above. Plans to spin off AVOP have started and additional information will be provided as more are available. In the last week of December, PhoneZoo shipped 100,000 calling cards to a limited amount of US distributors as stated earlier. Retailers pay PhoneZoo an average of $7.50/card which is PhoneZoo's revenue with average gross profit of 20%. Some retailers pay up front, and some pay as they are sold. Management expects that most retailers will convert to up front payment as they become more comfortable with PhoneZoo's system. For more information on AVOP or Phonezoo, please visit our website at http://www.avop.net or http://www.phonezoo.net.

Mike Nguyen, CEO of Nettel Holdings commented, "I have never been more excited about my company's future. In the third quarter of 2005, we were a one-dimensional business, and now we have four business divisions producing meaningful revenues and profits. With a market cap of only $5 million, Nettel Holdings is severely undervalued given our current fundamentals and the growth we see coming in the weeks, months and years ahead."

Safe Harbor Statement

Some statements in this release are "forward-looking statements" as that term is defined in Sections 27A of the Securities Act of 1933 as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"), and are subject to certain risks and uncertainties, including, but not limited to, economic conditions, competition, changes in laws and the demand for the company's goods and services, which could significantly affect anticipated future results. Actual results may differ materially from any forward-looking statements.

About Nettel Holdings, Inc.

Nettel Holdings, Inc. engages in the telecommunication and software business. The company's Nettel Trading division exports computer electronics equipment. Its Entec division develops accounting, finance, project management, inventory system, database management, presentation tools, email, voice recognition, and word processing software. In addition, the company offers telecommunications long distance and prepaid calling card minutes. Nettel Holdings is based in Portland, Oregon www.nettelholdings.com.

L.G. Zangani, LLC provides financial public relations service to the Company. As such, L.G. Zangani, LLC and/or its officers, agents and employees, receives remuneration for public relations and or other services in the form of monies, capital stock in the Company, warrants or options to purchase capital in the Company.

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