Virtual Telecom, Inc. Changes Name to FirstQuote Inc.

GENEVA, Switzerland (PROTEXT) - Virtual Telecom Inc. announcedtoday a corporate name change to FirstQuote Inc. (OTC BulletinBoard: FSQT). "The name FirstQuote is more indicative of our core businessfocus, as a provider of high performance market data decisionsupport systems for institutional and individual investors, aswell as, importantly for our real-time internet online brokeragesystems" stated Neil Gibbons, President and CEO of FirstQuote."It is also the trademark of our principal product range." FirstQuote also provides supporting network and connectivityservices to its clients. The Company's stock symbol has been changed to FSQT (OTCBulletin Board). Its listing on the German exchanges will changeto FQT. A description of the Company's activities and products can befound on http://www.firstquote.com. Investor information remainsavailable at mailto://investor@vite.net. For further information, please contact Kevin DeVito (InvestorRelations) at (310) 376-7721 or Mark Benn (CFO) at +41 22 879 0879. This press release contains forms of forward-lookingstatements for purposes of the Securities Act of 1933 and theSecurities Exchange Act of 1934. These statements are based onthe Company's beliefs as well as assumptions made by andinformation currently available to the Company. Such statementsare subject to certain risks, uncertainties and assumptions,which are identified and described in the Company's registrationstatement on Form 10-SB and periodic reports filed with theSecurities and Exchange Commission, including market acceptanceof the Company's products and services and the Company'scontinued access to capital. Readers are encouraged to review theregistration statement on Form 10-SB and periodic reports for afuller discussion of the risks and uncertainties concerning theCompany's services and products. Should one or more of theserisks or uncertainties materialize, or should underlyingassumptions prove incorrect, actual results will vary materiallyfrom those anticipated, estimated, or projected and thevariations may be material. ots Original Text Service:FirstQuote Inc. Internet: http://www.newsaktuell.de Contact:Investor Relations, Kevin DeVito of Corporate Assistance Co.,Inc., 310-376-7721, for FirstQuote Inc.; or Mark Benn, CFO ofFirstQuote Inc., +41 22 879 0 879 Web site:http://www.firstquote.com

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