Encounter Development Technologies Inc. (ENTI)

[Smittle]

Pegasus Tel, Inc.

Diversified Telecommunication Services

Pegasus Tel, Inc.

Company Overview

Pegasus Tel, Inc. owns, operates, and manages privately owned public payphones in the County of Delaware, New York. The company provides outdoor payphones and involves in the provision of dial-around and operator services, coin collections, and telephone equipment repairing and selling. The company operates its payphones at various sites, primarily consisting of retail stores, convenience stores, bars, restaurants, gas stations, colleges, and hospitals. As of December 31, 2009, the company owned and operated 11 payphones. The company was founded in 2002 and is based in Syracuse, New York. Pegasus Tel, Inc. operates independently of Sino Gas International Holdings, Inc. as of August 18, 2008.

118 Chatham Road

Syracuse, NY 13203

United States

Founded in 2002

Phone:

315-476-5769

Pegasus Tel, Inc. Announces Executive Changes
07/21/2010

On July 19, 2010, John F. Passalaqua resigned as Director and Secretary of Pegasus Tel, Inc., effective July 20, 2010. Mr. Joseph C Passalaqua was also appointed as a Director and Secretary of the company effective July 20, 2010.

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