Ramtelecom Inc. Announces the Issuance of Shares to Directors


    OTTAWA, Sept. 17 /CNW/ - RAMTelecom Inc. ("Ramtelecom") (TSX Venture:
RTC) today announced that it has entered into a Conversion of Debt Agreement
with each of Robert J. Iverach, Barry A. Baptie and Michael J. Hibberd,
directors of Ramtelecom, pursuant to which Ramtelecom will issue to such
directors an aggregate total of 41,414 Common Shares of the Corporation at a
price of $0.25 per share in satisfaction of the balance of directors' fees
which were payable for the period from April 1, 2007 to June 30, 2007.

    About the Corporation

    The Corporation is a publicly traded corporation shares of which are
listed for trading on the TSX Venture Exchange under symbol RTC. The
Corporation is a satellite service provider delivering flexible, scalable
solutions for broadband data and voice business communications. Its fixed and
mobile satellite-based communication services and value-add solutions are
designed for medium and large enterprises in oil and gas, mining, and forestry
and government agencies. With complete coverage of the North American market,
the Corporation's satellite broadband services help organizations achieve
greater operational efficiency by providing continuous real-time
communications between central offices and remote locations anywhere in North

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.

    If you would like to receive press releases for RAMTelecom in the future,
    please email sarah@chfir.com and mention "RTC News" in the headline.

    %SEDAR: 00023242E

For further information:

For further information: RAMTelecom Inc., Ralph Misener, President and
CEO, Tel: (613) 747-1836 Ext 125, Email: rmisener@ramtelecom.ca; CHF Investor
Relations, Alison Tullis, Account Manager, Tel: (416) 868-1079 Ext 233, Email:

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