Axesstel Adds Senior Wireless Executive to Its Board of Directors

Axesstel, Inc. (AMEX:AFT), a designer, developer and marketer of CDMA-based fixed wireless voice and data products for the worldwide telecommunications market, announced today that Mr. Ake Persson has been elected to its Board of Directors.

Mr. Persson brings to Axesstel more than 34 years of experience in the telecommunications industry. He held a variety of executive positions within the Ericsson group, most recently as Head of Ericsson's CDMA Systems Business Unit. In 2002, Ericsson Wireless Communications Inc. was twice voted the best company to work for in San Diego, and in 2002, the Jacobs School of Engineering at UCSD honored Mr. Persson with the school's "Outstanding Executive Award 2002." When he retired in 2004, Mr. Persson was a member of the Group Executive Management Team and reported directly to the CEO of Ericsson.

During his career, Mr. Persson established and managed a number of key business lines for Ericsson. He was the first general manager of Ericsson's cellular business and oversaw the company's early success in the global cellular market. He spearheaded Ericsson's entry into the wireless data market and was responsible for the introduction of wireless packet data systems in more than 25 countries around the world. From 1994 to 1999, he was the chief architect of all marketing, sales and communications activities for Ericsson's fast-growing mobile systems business.

Mr. Persson served on the board of several Ericsson companies around the world, and has extensive experience in global mergers and acquisitions activities and the formation of strategic alliances.

Commenting on his appointment, Mr. Persson said, "I am delighted to accept a position on the board of a young growing company. I am looking forward to sharing my industry knowledge and experience in this particular sector as Axesstel actively seeks out new global market opportunities and partnerships."

"The recent strengthening of our Board of Directors through the election of Ake Persson is a very welcome development for Axesstel," said Mike Kwon, Axesstel's Chairman and CEO. "I believe that Ake's industry knowledge, stature and insight will be of enormous value to Axesstel going forward, as we seek to capture market share and expand our business."

Axesstel also announced that Mr. Lixin Cheng, Executive Vice President of Axesstel and President of Axesstel Wireless, has been elected to its Board of Directors.

About Axesstel, Inc.

Axesstel designs, develops and markets fixed wireless voice and data products for the worldwide telecommunications market. Axesstel's products are based on the Code Division Multiple Access, or CDMA, technology, and include CDMA2000 and emerging third generation, or 3G, broadband data technologies, which are newer versions of the CDMA standard. Axesstel's product line includes fixed wireless desktop phone terminals, payphone terminals, voice/data terminals and broadband modems used for high-speed data services. Axesstel is headquartered in San Diego, California, with a research and development center in Seoul, South Korea.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical information, the statements set forth above include forward-looking statements relating to the growth of customer base, the potential for increased market share and the ability to form strategic partnerships with telecommunications service providers, which may affect Axesstel's results and future viability. Axesstel wishes to caution readers that actual results could differ materially from those suggested by the forward-looking statements due to risks and uncertainties and a number of important factors. Those factors include, but are not limited to, the possibility of delays in adoption of new technologies in developing markets, lack of continued acceptance or growth of CDMA technology in target markets, the possibility that networks that can support our CDMA EV-DO and EV-DV broadband modems will not be widely deployed, competition for contracts with its large telecommunication carrier customers, the risks of dependence on a limited number of those customers such as Tata Teleservices, the requirement for end users to accept its products and technologies, Axesstel's dependence on sole source suppliers, including QUAMCOMM Incorporated for CDMA chips, the possibility of unforeseen manufacturing difficulties, Axesstel's need to attract and retain skilled personnel, and other risk factors and information contained in Axesstel's filings with the Securities and Exchange Commission.

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