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U.S. Starcom (USTA) released more news today of its ongoing expansion and business growth. The company had formerly announced $0.02 per share in earnings for the first quarter of 2007, which followed $0.02 per share in earnings for the 4th quarter of 2006. 2nd quarter earnings will reportedly be announced next week and USTA is on track to earn $0.06 to $0.08 per share for 2007. It currently trades at $0.21, which is about a multiple of 3 times CURRENT earnings. That's significantly undervalued in my opinion.

Company trades on the pinks right now and is not well known but it's conducting its two year audit and filing a Form 10 to move on to the OTC:BB in these coming months.

I think USTA will be a real winner. Even at today's earnings the stock should be trading much higher -- closer to the $0.80 range (assuming a 10 times multiple of earnings) and that's without taking into account all of the expansion it is undergoing.


U.S. Starcom's Bell Latino Division Closes Acquisition of Two Out
ets in Florida
Beginning of 200 Unit National Expansion

PERTH AMBOY, NJ -- (MARKET WIRE) -- 08/08/07 -- U.S. Starcom (PINKSHEETS: USTA)
today that its wholly owned subsidiary, Bell Latino, has closed on the
purchase of two existing money wiring locations, bringing the total to four
in the Miami area. Both locations are to begin contributing revenues for
the company in the 3rd quarter, along with the five existing outlets in the
Tri-State area, bringing the total to nine. The purchase was done with a
combination of cash and notes, and was executed for a price of
approximately one times annual net income.

"This transaction is just the beginning of our national expansion
strategy!" said John DiDomenico, President of U.S. Starcom. "Our goal is to
build or acquire numerous Bell Latino locations over the next 36-48 months,
while capturing a meaningful share of the money remitted annually between
the U.S. and Mexico. We are also investigating adding check cashing
services to our branches in Florida. With the significant volume of
business potentially going through our outlets each year, the cross-selling
opportunities in telecom, music, pre-paid, retail and ancillary services
have the potential to increase our profits significantly above the current

About U.S. Starcom

The company is a leader in providing money remittance services and in
providing value added services to enhance communications and entertainment.
With a sales distribution network extending to thousands of urban
locations, U.S. Starcom continues its rapid expansion into the distribution
of alternative communication products and services, including music, media,
international long distance, prepaid services, wireless dial around
applications, stored value services, remittances, money debit cards, and
internet service enhancements. U.S. Starcom provides access to the latest
entertainment offerings from the recording industry through strategic
alliances and joint distribution campaigns. The company operates through
its three independent subsidiaries, Sky Distribution, Mundetel, and Bell

Jack Lennon
U.S. Starcom

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