The agreement calls for Sanswire to enter into a Joint-Venture Agreement with Orlando, Florida based Dynamic International Networks, to build and operate Sanswire's high-altitude airships called Stratellites in various South American countries.

The Agreement calls for the first Stratellite to be launched over Lima, Peru to provide various wireless services to the Peruvian capital and surrounding areas.

Communications operations in Peru will be handled by Dynamic's affiliate, Beacon Supply Comunicaciones, S.A. of Lima. Sanswire will handle all matters associated with the Stratellite.

The Joint-Venture operating company will be called Sanswire Peru and will offer new services such as wireless broadband, VOIP telephony, and video. Funding for the project will be provided by Dynamic International Networks in conjunction with support from their local Foundation partners.

"We knew our expansion into South America would be an important part of the Company's growth. This Agreement will significantly expedite that process," said Michael K. Molen, Chairman of Sanswire Networks.

"Not only will we launch a Stratellite in Peru, but our partners have plans to expand into all parts of South America. Because of the limited infrastructure in that part of the world, the Stratellites are a perfect solution."

Founded in 1997 in Orlando, FL, Dynamic International Networks offers consulting services in various state-of-the-art technologies. The Company does business in several South American countries, including Mexico, Peru, Brazil, and Venezuela.

Currently, the Company is developing the Bolivar Telecommunications Project called "Bolivar" with the vision of integrating Bolivarian countries with state-of- the-art technologies and shared solutions that provide a variety of communications projects and strategic alliances.

"We have followed the progress of Sanswire and the Stratellite project for some time now and we are extremely excited about bringing this cutting edge technology to the people of South America," said Ernesto Uribe Abad, President of Dynamic International Networks. "Together with Sanswire, we will change wireless communications in South America forever."

A Stratellite is similar to a satellite, but is stationed in the stratosphere rather than in orbit. At an altitude of only 13 miles, each Stratellite will have clear line-of-sight to an entire major metropolitan area.

A Stratellite will allow subscribers to easily communicate in "both directions" using readily available wireless devices.

Proposed telecommunications uses include wireless broadband, cellular, 3G/4G mobile, MMDS, paging, fixed wireless telephony, HDTV and others.

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