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8/29/06 - TierOne Converged Networks begins preliminary talks and evaluation of expansion into Hunt County with TierOne’s WI-FI Solutions for Municipalities.

TierOne Converged Networks begins preliminary talks and evaluation of expansion into Hunt County with TierOne’s WIFI Solutions for Municipalities.

About TierOne Converged Networks

TierOne Converged Networks harnessing a new generation of leading-edge wireless technologies has positioned itself to be a next generation WISP (Wireless Internet Service Provider), as well as on the forefront of IP Convergence with the build out of commercial real estate turning them into next-generation smart buildings and providing turn key solutions for building owners and tenants. The Company’s business focus is a two pronged approach

1) Bridge the digital divide by targeting under served areas with TierOne’s Municipal Solution that have been overlooked by the “giant” broadband service providers and don’t have or have limited access to broadband services. The deployment of Secure Broadband Wireless Mess Networks will provide the enhanced high-speed internet to these customers and also build our niche market for 4.9GHz Emergency Services and mobile/fixed wireless internet services (2.4GHz & 5.8GHz) to Municipalities.

2) Target commercial real estate with TierOne’s Commercial Office Building Solution and finally offer building owners/managers the ability to not only profit from the “Fourth Utility” but offer tenants enhanced lower priced services, high-speed internet services, 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.