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Petel Incorporated on target to deliver
2007 forecasts

(Pink sheets: PTEL.pk)


Following yesterday’s strong debut onto the OTC Pink Sheets, and with now over 14,000 registered users, Petel Incorporated (Pink sheets – PTEL) have today published the Corporate Overview, giving current and future shareholders a detailed view of the company, its operations and financial forecasts.

Gaining a Pink Sheets listing has been integral to the delivery of the Company objectives and the Board is pleased to announce that the business is on plan to deliver its forecasts for 2007.

Yesterday also signified the successful launch of innovative Adult Broadband TV brand www.SexQube.TV. Petel Incorporated now has 14,724 registered users, with over 147,000 unique visits received to the site in its first 24 hours. SexQube.TV is the world’s first free-to-air adult broadband TV channel and offers a unique mix of free-to-air programming and revenue generating interactive content.

Petel Incorporated, who amassed gross profits in excess of $300,000 in the period prior to their pink sheets launch, have an exclusive licence to use a2a PLC’s innovative, proven Broadband TV platform in the adult sector. This puts the emerging company at the forefront of the Broadband TV market, and has enabled the Company to develop partnerships with world renowned Adult industry brands.

Please click on the link below to view the Corporate Overview document.

Corporate Overview PDF


For more information please visit

www.petel.co.uk

Or email

[e-mail]
ENDS

This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. The words "estimate," "project," "intends," "expects," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbour" provisions of the Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of Petel, Inc. see "Risk Factors" in the Company's Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made and the Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.