Virtual Telecom, Inc. Changes Name to FirstQuote Inc.

Virtual Telecom Inc. announced today a corporate name change to FirstQuote Inc. (OTC Bulletin Board: FSQT). "The name FirstQuote is more indicative of our core business focus, as a provider of high performance market data decision support systems for institutional and individual investors, as well as, importantly for our real-time internet online brokerage systems" stated Neil Gibbons, President and CEO of FirstQuote. "It is also the trademark of our principal product range." FirstQuote also provides supporting network and connectivity services to its clients. The Company's stock symbol has been changed to FSQT (OTC Bulletin Board). Its listing on the German exchanges will change to FQT. A description of the Company's activities and products can be found on Investor information remains available at mailto:// For further information, please contact Kevin DeVito (Investor Relations) at (310) 376-7721 or Mark Benn (CFO) at +41 22 879 0 879. This press release contains forms of forward-looking statements for purposes of the Securities Act of 1933 and the Securities Exchange Act of 1934. These statements are based on the Company's beliefs as well as assumptions made by and information currently available to the Company. Such statements are subject to certain risks, uncertainties and assumptions, which are identified and described in the Company's registration statement on Form 10-SB and periodic reports filed with the Securities and Exchange Commission, including market acceptance of the Company's products and services and the Company's continued access to capital. Readers are encouraged to review the registration statement on Form 10-SB and periodic reports for a fuller discussion of the risks and uncertainties concerning the Company's services and products. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results will vary materially from those anticipated, estimated, or projected and the variations may be material. ots Original Text Service: FirstQuote Inc. Internet: Contact: Investor Relations, Kevin DeVito of Corporate Assistance Co., Inc., 310-376-7721, for FirstQuote Inc.; or Mark Benn, CFO of FirstQuote Inc., +41 22 879 0 879 Web site:

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