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PHBR (.50) PhoneBrasil to Develop European Proprietary Network Using its B1 License, Same Type as NYSE TELEFONICA SA
Tuesday, June 24 2008 9:10 AM, EST

Business Wire    "US Press Releases "
MIAMI --(BUSINESS WIRE)--
PHBR.PK has been what IR/PR PROS would call a sleeper in the micro cap market until just recently when the trading activity increase and the public market finally came to realize they truly exist. The reality is PhoneBrasil (Pink Sheets:PHBR) was never marketed properly and therefore the biggest & most valuable news has yet to be digested by the public markets, this being the announcement of the B1 License for the European Communications Market. PhoneBrasil had recently acquired a lifetime B1 license in the 4th quarter of 2007 to build its own national telecommunications network in Spain ; the same B1 type license owned by TELEFONICA SA , a company publicly traded and worth well over $100 Billion US (NYSE:TEF). This allows the holder to develop their own proprietary network with an access code (PHBR access 1044). The government of Spain stopped granting B1 licenses several years ago and only issues new licenses permitting use for a particular communication therefore this is one major asset and commodity for PhoneBrasil.
Full Power of Transfer B1 License and Assets for PHBR - http://00ec925.netsolhost.com/PHBR1.pdf
Contributed Intangible Asset ( $256,000,000 USD independent appraisal) for PHBR based on B1 License Valuation - http://00ec925.netsolhost.com/IntangibleAsset.pdf
About PhoneBrasil
PhoneBrasil is an American based company specializing in Hybrid VoIP, cellular and Broadband & WIFI Technology in the Latin American market as well as servicing the International Telecommunications Markets. PhoneBrasil supplies four niche markets: wholesale and retail markets; calling cards that utilize their traffic and minutes via PHBR T-1 servers and VoIP boxes. The company offers prepaid VoIP calls & equipment and remains focused on dominating technological aspects like software, billing, supply and cost savings for the new VoIP industry.
PhoneBrasil Technology
PhoneBrasil has reached certain technological advancements with the creation of a universally compatible system with many world suppliers of the telecom and web communications market. These advancements and breakthrough developments were designed and manifested at institutions such as MIT, Harvard, Columbia , NASA and Cambridge , among others. Today, PhoneBrasil has obtained a resource standard high enough to provide communication multimedia between points in more than 200 countries, also to be inclusive in ships (INMARSAT). Holding difficult to obtain licenses in Brazil and having the approval from Brazilian Government "Anatel," along with the A+ experience heading the company in this industry, the success of PHBR and its ability to connect the Latin American countries seems almost inevitable having partnerships with product manufacturers such as Grandstream and Innomidia.
Important Notice and Disclaimer: Please Read
IR/PR PROS is a technology news service which publishes reports providing information on selected companies that it believes has investment potential. IR/PR PROS is not a registered investment advisor or broker-dealer. This report is provided as an information service only, and the statements and opinions in this report should not be construed as an offer or solicitation to buy or sell any security. IR/PR PROS accepts no liability for any loss arising from an investor's reliance on or use of this report. An investment is considered to be highly speculative and should not be considered unless a person can afford a complete loss of investment. IR/PR PROS has chosen to cover PhoneBrasil International Inc. free of charge and of its own accord. This report contains forward-looking statements, which involve risks and uncertainties - including, but not limited to, risks associated with changes in general economic and business conditions, including financial information, actions of competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of the company's services, and/or changes in its business strategies - that may cause actual results to differ materially from those set forth in the forward-looking statements. For further details concerning these risks and uncertainties, please request additional information directly from the companies above or obtain the SEC filings of the companies including the companies' most recent annual and quarterly reports.
PhoneBrasil New Corporate Website www.phbrinc.com

PhoneBrasil New Investor Website www.phonebrasil.info

Source: IR/PR PROS