VelaTel Subsidiary Zapna Launches Its Zero Call Free(TM) Service in Germany


SAN DIEGO, Oct. 16, 2012 (GLOBE NEWSWIRE) -- VelaTel Global Communications (OTCQB:VELA), a leader in deploying and operating wireless broadband and telecommunication networks worldwide, announced today that its subsidiary Zapna, ApS (Zapna) a Denmark corporation and provider of mobile applications and Smart SIM cards to reduce mobile long distance and roaming charges, has launched its Zero Call Free™ service in Germany. Zero Call Free™ enables customers to make free calls from their mobile phones to the US, and to more than 60 listed countries inside and outside Europe, including China and Canada. If the customer wants to call countries that are not listed, they simply utilize Zero Call Out™ by installing Zapna's paper-thin SIM card directly on top of the customer's existing SIM card. This patented device and service allows customers throughout Germany to lower their cost for international calls substantially (up to 90%) without changing their current carrier or mobile phone plan.

"Germany has a high concentration of long distance phone needs, making it an excellent market for our services," stated Omair Khan, founder of Zapna. "With Zero Call Free™, Germans can now make free calls to 60 countries and keep their existing mobile subscription."

"Individuals and businesses inside Germany make more international phone calls than the rest of the EU countries combined," noted VelaTel CEO George Alvarez. "Because Zero Call Free™ is simple to set up, easy to use, and carries a 'no obligation - no subscription' policy, we expect to be Skype's fiercest competitor."

Based on Zapna's successful footholds in Sweden, Norway, Finland, Spain, and Denmark, Zapna expects to reach more than 100,000 new customers in the lucrative German market within the next 12 months, and to reach one million total users by 2015.

About VelaTel Global Communications, Inc.

VelaTel acquires spectrum assets through acquisition or joint venture relationships, and provides capital, engineering, architectural and construction services related to the build-out of wireless broadband telecommunications networks, which it then operates by offering services attractive to residential, enterprise and government subscribers. VelaTel currently focuses on emerging markets where internet penetration rate is low relative to the capacity of incumbent operators to provide comparable cutting edge services, and/or where the entry cost to acquire spectrum is low relative to projected subscribers. VelaTel currently has project operations in People's Republic of China, Croatia, Montenegro and Peru. Additional target markets include countries in Latin America, the Caribbean, Southeast Asia and Eastern Europe. VelaTel's administrative headquarters are in Carlsbad, California. For more information, please visit www.velatel.com.

The VelaTel Global Communications logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=13404

The Zapna ApS logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=13804

Safe Harbor

This press release may contain forward-looking statements that involve risks and uncertainties. Actual results, events and performances could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause actual results, expressed or implied, to differ materially from expected results. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making an investment decision.



            
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