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PHBR News:

September 14th - PhoneBrasil Appoints Mr. Javier Abasolo as New Director of Spain for ``Market Development''

PhoneBrasil International, Inc. (OTC: PHBR) appoints Fco Javier Abasolo Fernandez as new executive Spain Director for Market Development, effective September 11, 2007. http://00ec925.netsolhost.com/SpainDirectorAcceptance.JPG

PhoneBrasil CEO Anderson Dias stated, "As Founder, Chairman and CEO of 'Euro Appraisal S.A.' and later that of the 'Euro Appraisal Group,' Mr. Javier Abasolo was directly involved in the transformation of the Spanish Public Sector Administration, Municipalities, Universities, and Public Companies. Mr. Abasolo was also directly involved with Private Financial Sector in terms of various bank mergers and the restructuring of other financial institutions, such as the Stock Exchange, so as to fall in line with the new EU regulations."

In the middle '90s, Mr. Abasolo was involved with the incorporation of a telecom company called "American Telecom S.A." and acted as Board Director, Corporate Executive Vice President and Financial Director. American became heavily involved in the privatization of the Spanish parastatal Telefonica de Espana S.A. (NYSE: TEF) http://finance.yahoo.com/q?s=tef. Mr. Abasolo was involved in the bid and securing of the second network operator "B1" license, the acquisition & restructuring of the regional network and the expansion of the same into a national network. Mr. Abasolo established the company's technical support infrastructure with the creation of more than 30 national network "nodes" and a technical support and administration staff of more than 900 employees.

In the late '90s, Mr. Abasolo, as a Founding Partner, established a telecom called "CAC Telecom, S.A." This Company acquired a "B1" license and proceeded to establish a national network. CAC was the first Telecom in Spain that developed in the national territory. Their expansion, based on the establishment of 22 local operator "baby bells," aimed to provide a more localized service, personalized to the clients involved in the local needs and connected to a national and international telecom operator network.

Mr. Abasolo's professional experiences include mergers & acquisitions, the establishment of new asset management control mechanisms & standards, designing and managing institutional systems that enabled both Public and Private Sector companies to transform, and the restructuring & optimization of human and financial resources of such Societies. Since the end of 2002, Mr. Abasolo has refocused his professional activities to concentrate on legal and financial consulting, with special emphasis on the structuring and funding of Latin American Public, Private Sector and Humanitarian projects development.

To View a full Bio on Mr. Abasolo click
http://00ec925.netsolhost.com/Javier_Abasolo.pdf

About PhoneBrasil International, Inc.

PhoneBrasil International, Inc. is an American-based company specializing in Hybrid VOIP, cellular, Broadband and WIFI Technology in the Latin American market as well as servicing the International Telecommunication Markets. PhoneBrasil was recently awarded with a governmental contract for telecommunications service within the territory of the Country of Columbia.

 
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