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AT&T Wins $1.6 Million Contract from Shoe Carnival and Verizon Ignites an Online Gaming Revolution

31 August 2006

Telecommunications industry news provided by Financial News USA (OTC: FNWU). AT&T Inc. (NYSE: T) recently announced a three-year, $1.6 million contract with Shoe Carnival, Inc. (Nasdaq: SCVL) to provide a fully managed high speed wide area network. The solution will link Shoe Carnival's headquarters in Evansville, Ind. with more than 266 store locations nationwide. The agreement extends and expands a long-term relationship between the two companies. Alltel (NYSE:AT) recently announced the expiration, as of 11:59 p.m., New York City time, Aug. 25, 2006, of its previously announced cash tender offers for up to $1.0 billion aggregate principal amount of its outstanding debt securities listed in the table below (the "Notes"). The table below identifies the principal amount of each series of Notes validly tendered and not validly withdrawn in the tender offers and the principal amount that Alltel has accepted for purchase under the terms of the Offer to Purchase.


New Age warriors in the online gaming arena now can play on PlayLinc(TM), a unique, new service from Verizon (NYSE:VZ) that provides a better, faster and more entertaining way to wage battle. PlayLinc, which is free, provides a wide variety of features, including free public servers, and the service allows players to host games on their own PCs and invite friends to private Internet gaming sessions. PIO TV, the first television channel for the Indian expatriate community, was launched by Archer Entertainment Media Communications Incorporated as the first of many channels to come from Archer Media (Pink Sheets: ACRM) on www.IndiaTVLive.com, a pioneering Indian Internet Protocol Television (IPTV) platform with many state of the art features to be supplied by Buzz Technologies, Inc. (Pink Sheets: BZTG) www.12buzz.com, inaugurated recently by India's Union Minister for Overseas Indian Affairs, Vyalar Ravi, in New Delhi.


About Financial News USA


Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com Contact Information:


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