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5/21/07 - TierOne Networks Receives Approval Through USAC for E-Rate Funds & TARGET Grants.

Dallas, TX May 21, 2007 - TierOne Networks, a Dallas based Wireless Internet Service Provider, announced today that it has received approval through the USCA for E-rate funds and TARGET Grants.  This classification allows TierOne Networks to now accept E-Rate funds for underserved Texas schools and charter schools allowing them to obtaining affordable telecommunications services and Internet Access.

About USAC
The Universal Service Administrative Company (USAC) is an independent, not-for-profit corporation designated as the administrator of the federal Universal Service Fund by the Federal Communications Commission (FCC). USAC administers Universal Service Fund (USF) programs for high cost companies serving rural areas, low-income consumers, rural health care providers, and schools and libraries. The Universal Service Fund helps provide communities across the country with affordable telecommunications services.  For more information please visit:  http://www.usac.org/default.aspx

About E-Rate in Texas
E-Rate is the common name for the Schools and Libraries Universal Service Support Mechanism. E-Rate provides discounts to assist schools and libraries in obtaining affordable telecommunications services and Internet access. The Universal Service Administrative Company (USAC) administers the program at the direction of the Federal Communications Commission (FCC). USAC’s Schools and Libraries Division (SLD) administers the program. For the latest information about E-Rate check the SLD web site.

E-Rate - Provides discounts to schools and libraries on telecommunications services.
TARGET (Technology Applications Readiness Grants for Empowering Texas) - Local response of Enhancing Education through Technology to the No Child Left Behind Act of 2001.

About TARGET - Technology Applications Readiness Grants for Empowering Texas
The TARGET Grants (Technology Applications Readiness Grants for Empowering Texas students and teachers initiative) beginning in January, 2003 will focus on serving high need students by accelerating at the local level, Enhancing Education Through Technology of the "No Child Left Behind Act of 2001", and implementation of the recommendations in the "Long-Range Plan for Technology 1996-2010" and are correlated to the "Texas STaR Chart."

About TierOne Networks
TierOne 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 or www.tierone-networks.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.