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5/1/07 - TierOne Converged Networks Hires CTO and COO from Zyterra Solutions.

Dallas, TX May 1, 2007 - TierOne Converged Networks, a Dallas based Wireless Internet Service Provider, announced today that it has hired Senior Executives from Zyterra Solutions. TierOne has appointed Nick Fratantoni to the position of Chief Technical Officer (CTO) and Kim Marshall to the position of Chief Operating Officer (COO). In these newly created positions, Nick and Kim will report to Kevin Weaver, TierOne’s President and CEO. The company also announced it terminated merger discussions with Zyterra Solutions.

About Nick Fratantoni

Nick Fratantoni leverages his entrepreneurial and broad industry experience in senior IT leadership, engineering development, and sales. Mr. Fratantoni was a Partner and Vice President of Business Development for Zyterra Solutions. Zyterra had been in business for five years as a wired and wireless network solutions implementer. Mr. Fratantoni also served as the regional sales manager for Clarent Corporation specializing in the Voice over IP space to both the carrier and enterprise markets. He previously held the position of Principal Staff Engineer at Motorola and Chief Network Architect for AudioNet which went public as Broadcast.com and was later sold to Yahoo. Nick brings a deep background in the industry spanning over 30 years of service in both engineering and sales. Mr. Fratantoni has also held senior positions and served as a technical advisor and consultant to Kodak Health Imaging, AMR's SABRE Computer Systems Division, American Telephone & Telegraph, Electronic Data Systems, NASA and the U.S. Department of Agriculture’s Office of Finance and Management where he specialized in the design and integration of systems for data transport, and network management. In a special advisory position to Scientific Atlanta, Mr. Fratantoni provided an integrated satellite based (VSAT) data delivery system for Thai Farmers Bank in Bangkok, Thailand. Working in-country for six months to install and commission the system and insure a clean transition and technology transfer to Samart Telcoms engineering group for continued support of their clients AS400 based ATM banking infrastructure.

About Kim Marshall

Kim Marshall is a skilled professional with extensive experience in customer operations, technical support, quality and product initiatives in both start-up and large corporate environments. Over the past 15 years Mr. Marshall has planned and directed infrastructure initiatives and expansions in 17 countries for a number of very successful telecom equipment manufacturers and service providers including Taqua Systems, Compaq Computers, Tandem Telecom, DSC Communications, Touch America and WTCI. Mr. Marshall earned his degree in Industrial Electronics from Montana State University and holds an MBA and Doctorate in Business Administration from Trinity College.


About TierOne Converged Networks


TierOne Converged Networks is a next generation WISP (Wireless Internet Service Provider) and is becoming a leading provider of wired and wireless networks. TierOne’s management and technical knowledge is positioned to dominate the rural WISP markets. Emanating from their state of the art Data Center atop 2323 Bryan Street, the Network Access Point for all of North Texas, TierOne’s Broadband Mesh Network is poised to deliver high speed low latency internet to underserved areas in the DFW area.

TierOne’s Municipal Solution bridges 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. Our networks build niche customers in 4.9GHz Emergency

Services, mobile/fixed wireless internet services to Municipalities and Independent School Districts with multiple Applications that include Public Safety, Wi-Fi, Automatic Meter Reading, Video Surveillance, & Mobility.

TierOne’s Commercial Office Building 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.