RAMTelecom Inc. Engages CHF Investor Relations

    OTTAWA, June 28 /CNW/ - RAMTelecom Inc. (TSX Venture: RTC) today
announced that it has retained Cavalcanti Hume Funfer Inc. (CHF Investor
Relations) of Toronto and Calgary, as the Corporation's investor relations and
market maintenance advisors.
    Ralph Misener, CEO of RAMTelecom commented: "We recognize with our
growing success through increasing sales, developing adaptable products and
expanding our business and partnerships, this is an important and opportune
time to begin work with CHF Investor Relations to build awareness for
RAMTelecom in the public markets."
    Commencing immediately, CHF will provide investor relations and
market-making services for an initial period of twelve months ending June 15,
2008. Thereafter, cancellation by either party requires three months' notice.
CHF will be paid a monthly fee of $7,500 plus allowable disbursements.
Additionally, CHF will receive incentive stock options, subject to regulatory
approvals, in the amount of 120,000 shares at an exercise price of $0.50 per
share, and 120,000 shares at an exercise price of $0.70. The options will vest
quarterly over the twelve month period and shall expire 30 days following
termination of the IR agreement. In support of the market maintenance
services, Ralph Misener will loan 200,000 common shares of RAMTelecom Inc. to
918952 Alberta Inc. CHF does not currently hold any RAMTelecom Inc.

    About CHF Investor Relations

    CHF Investor Relations is a proactive, results-driven firm that offers
premium IR service to an international portfolio of client companies operating
in a broad range of industries including high-tech, mining exploration and
development, mineral producers, internet commerce and technology,
biotechnology, oil and gas and special situations. CHF provides comprehensive
IR representation to the Canadian audience through their offices in Toronto
and Calgary. For more information, please visit www.chfir.com.

    About RAMTelecom Inc.

    RAMTelecom Inc 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. RAMTelecom's
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, RAMTelecom'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 America. www.ramtelecom.ca.

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

    %SEDAR: 00023242E

For further information:

For further information: R.A. (Ralph) Misener, CEO, RAMTelecom Inc.,
Phone: (613) 747-1836 Ext. 125, Email: rmisener@ramtelecom.ca; Alison Tullis,
Account Manager, CHF Investor Relations, Phone: (416) 868-1079 ext. 233,
Email: alison@chfir.com

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