AMEI acquires VoIP telephony system developer with 6500 committed subscribers VANCOUVER, Nov. 5 /PRNewswire-FirstCall/ -- All America Casting International Inc. (Symbol: AMEI-OTC-Pinks-BB) today announced that it has acquired Faubourg Voice Video & Data Services Inc., a private British Columbia corporation. Through a share transaction, All America has acquired all outstanding shares of Faubourg, including its assets, technologies, management expertise, advisory board and several major business opportunities that will radically affect the Company's future as a leading provider of VoIP (Voice over Internet Protocol) technology in North America. During the past three years, Faubourg has developed and perfected a working model of a communications bundle created expressly for MDU's (Multiple Dwelling Units) and MBU's (Multiple Business Units) to an existing, committed subscriber base of 6500 dwelling units. AMEI's communications bundle will be one of the most comprehensive packages offered anywhere in North America. It will include local and long distance dialtones, discounts of up to 60% on long distance calls, Internet access at three speeds, video on demand, in-suite security and nanny cams. The Company expects that first stage gross revenues will average between $ 80.00 and $ 120.00 Cdn. per month per suite, which will be shared between AMEI and the property management company. Monthly gross revenue will be approximately $ 140,000 Cdn. AMEI's VoIP bundle is unique because it offers a complete, flexible telecom infrastructure, together with service at a minimal cost to property management groups. This complete powerline network solution includes management software that allows for remote control in each suite. There are no intrusive installation requirements, and AMEI's system will be seamlessly operational within 60 days. AMEI's package represents a new revenue-producing opportunity, not only for property management groups, but for industries such as the hospitality sector and other commercial and individual applications, too. The Company is now proceeding to install its communications bundle into the first 144 dwelling units in Edmonton, Alberta, with subsequent installations in Montreal and Vancouver. In addition, AMEI is proceeding with complete installs in two Vancouver area hotels totaling 191 units. "Our acquisition of Faubourg Voice Video and Data and its committed base of 6500 subscribers provides a giant leap forward for the Company, as well as giving us an immediate revenue stream in our quest to become a leading provider of VoIP technology," stated Richard Kipping, Chairman and CEO of All America. All America Casting International Inc. is a broadband VoIP telecom company offering local and long distance services and video on demand to residential and commercial clients. For more information please contact Richard Kipping (604) 723-8750 or Paul Davey (604) 669-2850. DATASOURCE: All America Casting International Inc. CONTACT: Richard Kipping, 604-723-8750 or Paul Davey, 604-669-2850

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