American Stock Exchange Lists Common Stock of Axesstel, Inc. NEW YORK, May 4 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today listed the common stock of Axesstel, Inc. under the ticker symbol AFT. Axesstel, Inc. provides wireless local loop phones and terminals, wireless payphones and enhanced limited mobility phones to commercial customers that are ideal for developing countries where the basic telephony infrastructure has inadequate capacity to meet the growing demand for voice and data. The Company has headquarters in San Diego, California, and research and development operations in Korea. "We are pleased to welcome Axesstel to the American Stock Exchange," said John McGonegal, senior vice president of the Amex Equities Group. "We look forward to working with Axesstel and providing them with the value-added resources a growing company needs to succeed in today's market." The specialist for Axesstel, Inc. will be AGS Specialists, LLC. For further information on AFT and other Amex-listed companies, please visit http://www.amex.com/. The American Stock Exchange(R) (Amex(R)) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 138 ETFs. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/. DATASOURCE: The American Stock Exchange CONTACT: Media, Lynn Duffy of American Stock Exchange, +1-212-306-1654, Web site: http://www.amex.com/

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