To: Joe Copia who wrote (85418 ) 5/30/2001 8:07:07 AM From: Patricia Meaney Respond to of 150070 Affordable Telecommunications Technology Retains Donner Corp. International For /FROM PR NEWSWIRE BOSTON 617-482-5355/ TO BUSINESS AND TECHNOLOGY EDITORS: Affordable Telecommunications Technology Retains Donner Corp. International For Investment Banking Services HOUSTON, May 30 /PRNewswire/ -- Affordable Telecommunications Technology Corp. (OTC Bulletin Board: ATTP), an emerging provider and marketer of wireless telecommunications products and services, today announced it has retained Donner Corp. International (DCI) for investment banking services. Steve Bethke, President and CEO of Affordable Telecommunications Technology, stated, "In evaluating investment banking firms, DCI's performance stood out among its peers. DCI has helped numerous small-cap companies gain substantial value in the marketplace." Bethke continued, "Affordable's primary goal is to aggressively drive top-line growth and achieve positive cash flow from operations in the third quarter of fiscal 2001. DCI will assist Affordable in this effort by providing strategic investment counsel and obtaining additional capital funding for future growth." Jeffrey L. Baclet, founder and president of Donner Corp. International, stated, "Donner can bring a variety of new prospects and companies to Affordable, while utilizing the abilities of the Company's current management. We look forward to working with Affordable in developing solid programs that increase Affordable's shareholder value." About Donner Corp. International Donner Corp. International (DCI) is a full service broker/dealer investment banking firm that specializes in micro/small-cap publicly held companies. Services include: technical stock analysis, mergers and acquisitions, private placements and 401 K plans. DCI also makes available traditional investment vehicles, services and products including: mutual funds, initial public offerings, pension plans and asset management. For more information, visit www.donnercorp.com. About Affordable Telecommunications Technology Affordable Telecommunications Technology Corp. capitalizes on the explosive two-way messaging products and services sector -- a market projected to reach $300 million in annual sales with over 11 million units sold by 2004. Affordable markets pre-paid and post-paid wireless telecommunications products and services and through 11 retail stores. The Company employs a 40-person direct sales force. Located in South Texas and Louisiana, Affordable's retail stores include The Wireless Store, Camera's Etc. and Beeper Boutique. The Company also operates a two-way data network covering the greater Houston Metropolitan area, and will utilize the network's technology to provide Automatic Meter Reading services in the near future. Affordable is focused on expanding its distribution channels and lowering customer acquisition costs. Through its wholly-owned subsidiary, ZMail Media, Affordable cross-sells its products on public Internet Access Terminals located throughout the U.S. Certain statements in this press release are not historical, including statements regarding ATTP's business model as well as all other statements regarding intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future, are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. It is important to note that these forward-looking statements are based on a number of assumptions, risks, uncertainties, and factors beyond the control of the Company. As a result, actual results could differ materially include the risks associated with evaluating the future expansion and regional market acceptance and timing and election of new members to the Board of Directors. ATTP does not undertake any obligation to revise any forward- looking statements in order to reflect events or circumstances that may arise after the date of this press release. Readers are urged to carefully review and consider the various disclosures made by ATTP in this release and in ATTP's future reports filed with the Securities and Exchange Commission. For additional information, see www.thewirelessstore.net and www.otcfn.com/attp. Affordable Telecommunications Technology Corp. Steven H. Bethke President and CEO 713-988-8884 sbethke@flash.net OTC Financial Network Eddie Khoury, Investor Relations 877-385-0973 (toll-free) or 781-444-6100 ext 644 eddie@otcfn.com MAKE YOUR OPINION COUNT - Click Here tbutton.prnewswire.com SOURCE Affordable Telecommunications Technology Corp. /CONTACT: Steven H. Bethke, President and CEO of AffordableTelecommunications Technology Corp., 713-988-8884, sbethke@flash.net; or EddieKhoury, Investor Relations of OTC Financial Network, 877-385-0973 or 781-444-6100, ext. 644, eddie@otcfn.com/ /Web site: thewirelessstore.net May-30-2001 11:59 GMT Symbols: US;ATTP Source PRN PR NewsWire Categories: NWR/TX NWI/TLS MST/R/US/TX MST/I/TEL