TigerTel Communications Inc. Announces Record Breaking Revenue and Earnings Results for the Year Ended April 30, 2008

MISSISSAUGA, ONTARIO (TigerTel), announced today its operating results for the three-month period ending April 30, 2008. TigerTel reported revenue of $5,784,906, direct costs of $3,105,721 and a gross profit of $2,679,185. Operating expenses amounted to $2,132,022. Net earnings before interest, taxes and amortization for the period was $547,164. Interest, amortization, provision for current income taxes and recovery of future income taxes amounted to $114,113, $216,156, $200,347 and $300,000 respectively resulting in net earnings for the period of $316,548.

For the corresponding period last year the Company reported revenue of $5,324,482, direct costs of $2,718,444 and a gross profit of $2,606,038. Operating expenses amounted to $1,888,564. Net earnings before interest, taxes and amortization for the period was $717,474. Interest, amortization, provision for current income taxes and recovery of future income taxes amounted to $141,095, $281,411, $165,058 and $59,575 respectively resulting in net earnings for the period of $189,485.

For the year-ended April 30, 2008, TigerTel reported revenue of $22,320,188, direct costs of $11,595,930 and a gross profit of $10,724,258. Operating expenses amounted to $7,651,130. Net earnings before interest, taxes and amortization for the year was $3,073,128. Interest, amortization, provision for income taxes and recovery of future income taxes amounted to $527,565, $1,131,882, $641,480 and $330,000 respectively resulting in net earnings for the year of $1,102,201.

For the previous year the Company reported revenue of $19,294,443, direct costs of $9,937,399 and a gross profit of $9,357,044. Operating expenses amounted to $6,941,121. Net earnings before interest, taxes and amortization for the year was $2,415,923. Interest, amortization and provision for current and future income taxes amounted to $559,779, $1,043,577, 171,835 and $107,425 respectively resulting in net earnings for the year of $533,307.

Douglas D. Swift, President and CEO, commented, "We have just completed another record breaking year. The company achieved organic revenue growth of over 15% and was able to maintain its operating efficiencies. Most importantly we saw our net earnings more than double from last year. These impressive results were achieved while, at the same time, we were involved with the installation and implementation of our new call centre operating platform. This is a major project for the Company and one that will continue well into the new fiscal year. It has been a major expenditure but we are extremely excited by the opportunities that this new feature rich, robust platform will afford us and our growing customer base in the coming years."

"Looking forward to the new fiscal year, we are confident in our ability to sustain historical growth patterns. Our team is poised to deliver increased revenue and net earnings, while maintaining service levels demanded by our clients. Fiscal '09 will be our most exciting year yet."

About TigerTel

TigerTel, a Canadian call center organization, specializes in inbound and outbound call center solutions and services for clients throughout North America. With multiple call centers across Canada, TigerTel has built an infrastructure that provides personalized services to our clients while at the same time delivering world-class results at every level. Tigertel's vision is to provide interactive communication solutions for our clients and their customers by a team focused on service excellence, personal integrity and technical innovation.

This news release contains forward-looking statements that involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in forward-looking statements.

TIGERTEL COMMUNICATIONS INC.

Douglas D. Swift, President and Chief Executive Officer

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content on this news release.

Contacts: TigerTel Communications Inc. P. Livingstone [phone]