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03/14/07 - TierOne Converged Networks to Merge

Dallas, March 14, 2007 - TierOne Converged Networks of Dallas, Texas announced today that it has entered into a merger agreement with Zyterra Solutions. The merger is expected to close by May 1, 2007 and will rename the combined company “Zyterra Networks, Inc.”

Kevin Weaver, President of Zyterra Networks said, “We come into this opportunity with the idea that wireless technology can open the gate that has restricted widespread access to broadband services and provide a very simple and satisfying consumer experience. By merging, significant synergies will be realized which will provide the economic and operating backbone for a sustained expansion.”

Hunter Elam, CEO of Zyterra Networks, stated, “Success in delivering services that broadband consumers desire will require carrier grade technology and an understanding of local requirements,” continued Elam, “Zyterra Networks has both. We expect the Zyterra Networks service to be competitive with current cable and DSL solutions and, in some rural instances, may be the only meaningful viable broadband access choice a customer has. I am gratified to report that our proposed transaction is one that provides a truly outstanding fit between two highly compatible organizations.”

The launch of Zyterra Networks is a culmination of more than two years of activity that has included building the network using SkyPilot equipment, winning bids to provide service to several municipalities and assembling a management team with decades of experience managing telecommunications businesses.

Zyterra Networks is now ready to launch commercial services and will begin offering service in Ellis County, Texas, this spring. Zyterra Networks expects to launch the service in a number of other markets both in Texas and other states in the upcoming year.

About Zyterra Solutions

Zyterra Solutions is a Dallas, TX based provider of full-service, turnkey implementations for both wireline and wireless networks. Company expertise lies in the design, engineering, and implementation of Wireless Network Infrastructure including WAN, LAN, Security and Mobility. Related services include: General Implementation Services, Communications Tower Construction and/or Antenna Installation, Cable/Wiring Installation/Certification, Technology Infrastructure Build-outs, and Voice/Data/Video Build-outs.

Zyterra Solutions’ customers include cites and school districts such as: City of Temple, Texas, City of McAllen, Texas, City of Mission, Texas, Red Oak and Red Oak School district. Corporate and telecommunication customers include; Ser Technology, Link America, Verizon, Microsoft, SBC and COVAD,

For more information please visit www.zyterra.com

About TierOne Converged Networks
By harnessing a new generation of leading-edge wireless technologies TierOne Converged Networks is a next generation WISP (Wireless Internet Service Provider) and is on the forefront of IP Convergence with the build out of commercial real estate turning them into next-generation smart buildings while providing turn key solutions for both building owners and tenants.

The Company’s business focus is a two pronged approach:
1) TierOne’s Municipal Solution. Bridge the digital divide by targeting underserved areas that don’t have or have limited access to broadband services. The deployment of Secure Broadband Wireless Mesh Networks that will provide enhanced high-speed internet voice, and video to residential & business customers. While building our niche market for 4.9GHz Emergency Services, mobile/fixed wireless internet services to Municipalities and Independent School Districts.

*Multiple Applications that include Public Safety, Wi-Fi, Automatic Meter Reading, Video Surveillance, & Mobility.

2) TierOne’s Commercial Office Building Solution. This Solution finally offers building owners/managers the ability to profit from the “Fourth Utility”; at the same time offering tenants enhanced lower priced services, high-speed bandwidth, mobility solutions, IP communications, and maximum flexibility. Building owners/managers will also increase the bottom line with cost savings in energy, lighting & HVAC systems, building security & access.

For more information please visit www.tieronecn.com

This news release may include forward-looking statements, with respect to achieving corporate objectives, developing additional project interests, the company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements contained herein.