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Subaye.com Generated First Monthly Fee Revenue of $673,800 in November, $20 Million Annual Income Based on Forecast of 100,000 Users in 2007

2006-12-05 09:16

HONG KONG, Dec. 5 /Xinhua-PRNewswire/ -- Telecom Communications, Inc.

(OTC Bulletin Board: TCOM), the Total Solutions Provider, announced today that

its subsidiary, Subaye.com corporate video sharing channel has generated more

than 16,000 enterprise video new users to uploads, storage, sharing and

publishing 30 day period. It is currently over 160% growth from last month.

The Subaye.com enterprise video service revenue generating monthly fee of

$60 for each business user starts on November 1. "Almost 90% of users paid

monthly fee for continue service after 30 days free of charge period. An

amount of $673,800 first monthly fee income has been received in November.

This new service offering will add more than $20 million income stream for us,

based on the forecast that there will be 100,000 users in 2007," said Y.F. Su,

Vice President of TCOM.

About Telecom Communications, Inc.

Telecom Communications, Inc. (TCOM) is a Total Solutions Provider that

offers Integrated Communications Network Solutions and Internet Content

Service in universal voice, video, data web and mobile communications for

interactive media applications, technology and content leaders in interactive

multimedia communications. It develops, markets and sells a universal media

software solution for enterprise-wide deployment of integrated voice, video,

data web and mobile communications and media applications. Telecom

Communications, Inc. does business in Asia via its wholly owned subsidiaries,

Alpha Century Holdings Ltd., IC Star MMS, Ltd. ( http://www.icstarmms.com ,

http://www.skyestar.com ), Guangzhou TCOM Computer Technology Limited

( http://www.mystaru.com ) and majority owned subsidiary HRDQ Group, Inc.

(http://www.subaye.com).

Safe Harbor

The statements made in this release constitute "forward-looking"

statements, usually containing the words "believe," "estimate," "project,"

"expect," or similar expressions. These statements are made pursuant to the

safe harbor provisions of the Private Securities Litigation Reform Act of

1995. Forward-looking statements inherently involve risks and uncertainties

that could cause actual results to differ materially from the forward-looking

statements. Factors that would cause or contribute to such differences

include, but are not limited to, changing economic conditions, interest rates

trends, continued acceptance of the Company's products in the marketplace,

competitive factors and other risks detailed in the Company's periodic report

Filings with the Securities and Exchange Commission. By making these forward-

looking statements, the Company undertakes no obligation to update these

statements for revisions or changes after the date of this release.

Source: Telecom Communications, Inc.
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