JMI Telecom Hires Financial Engineering LLC to Advise on Corporate Expansion

• Press Release
• Source: JMI Telecom
• On 9:30 am EST, Thursday December 18, 2008

CHARLOTTE, NC--(MARKET WIRE)--Dec 18, 2008 -- JMI Telecom (Other OTC:JMIM.PK - News) today announced that Financial Engineering LLC has been engaged as a consultant regarding strategic initiatives and merger and acquisitions. Financial Engineering is an international consulting firm with offices in Florida and Hong Kong.

Related Quotes

Symbol	Price	Change
JMIM.PK	0.26	0.00

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Sean Teamor, Chief Financial Officer for JMI Telecom, said, "We feel that having Financial Engineering as an advisor will enable us to accelerate our expansion goals as we strive to become a global telecommunications company."

David Gullickson, Senior Partner for Financial Engineering, remarked, "We feel that our expertise and contacts will provide JMI Telecom with strategic opportunities to meet current and future expansion goals."

Financial Engineering LLC is a consulting firm that assists and provides services for mergers and acquisitions. They can facilitate transactions on all exchanges worldwide and specialize in international fund raising, distribution and allocation of new issues; initial public offerings, structuring mergers and acquisitions, special warrants, and private placements. The company provides funding for clients requiring liquidity against publicly traded companies, freely traded as well as restricted stock and other securities. They have an office in Melbourne, Florida and one in Hong Kong. For more information, visit www.fin-eng.com.

JMI Telecom is a company whose mission is clear and forthright with their focus directed on consistently exceeding customers' expectations. The Company will strive to embrace improvements in telecommunications and make a difference to those served through the development of enhanced services for their users though state of the art technology. By combining strategic planning with quality service at reasonable prices, JMI provides a great value for the customer.

This release contains forward-looking statements that reflect JMI Telecom's (the "Company") plans and expectations. In this press release and related comments by Company management, words like "expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal" and similar expressions are used to identify forward-looking statements, representing management's current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.

     JMI Telecom's Investor Relations Contact:
     The Eversull Group, Inc.
     Jack Eversull
     972-378-7917
     972-378-7981 (fax)
     Email Contact