JTM Jetcom Com

Jetcom Inc. (TSX VENTURE:JTM)(FRANKFURT:YGH)(XETRA:YGH), is pleased to report
its quarterly results for the period ended June 30, 2007. Also, the Company is
pleased to report it is continuing to pursue its TSX Venture Exchange COB
submission.


Further to the previous announcements concerning certain uranium exploration
property option agreements entered into by Jetcom's wholly owned subsidiary,
Yellowcake Resources Inc., located in the Campbell's Bay area of Quebec and in
Lac a David, Saguenay area of Quebec located in the township of Dumas, Jetcom
wishes to clarify that, while it proposes to enter the mineral exploration
business, it is not currently in the business. Given that this is considered to
be a change of business under the TSXV policies, these agreements must be
approved by Jetcom's shareholders and by the TSXV beforehand.


There can be no assurance that the approvals will be granted and that the
transactions will be completed as proposed or at all.


Investors are cautioned that, except as disclosed in the Management Information
Circular or Filing Statement to be prepared in connection with the transaction,
any information released or received with respect to the change of business may
not be accurate or complete and should not be relied upon. Trading in the
securities of Jetcom Inc. should be considered highly speculative.


As a Subsequent Event occurring after June 30, 2007, Jetcom closed a private
placement of 3,571,429 units for gross proceeds of $500,000 to an arm's length
placee. The unit price has been adjusted to $0.14. Each unit is comprised of one
common share at $0.14 and one common share purchase warrant exercisable at $0.30
for 2 years form the date of closing. The common shares and warrants and common
shares underlying the warrants are subject to a four month hold period. The
proceeds will be used for working capital purposed at the discretion of the
board of Jetcom.


Revenue for the 3 months ending June 30, 2007 for Star Programming, a wholly
owned subsidiary of Jetcom, was $67,902 compared to $87,814. The loss from
operations was $64,630 or $0.002/share compared to a loss of $49,914 or
$0.001/share. The deterioration in revenue and gross profit was due to increased
competition from the satellite, c-band and cable television providers who have
become very aggressive in the pursuit of additional subscribers. Star continues
to encounter intense and increasing competition from the satellite, c-band and
cable television industry; new competitors who are constantly entering the
subscription television business and the new internet/media technologies are
creating additional competition.


The previous management acquired Star Programming in July 2001, for
approximately $420,270. The above-mentioned factors created the deterioration in
Star's revenue base and hence was the major factor for the revenue decline.
After careful analysis, management determined that the declining sales
necessitated a re-evaluation of the carrying value of the intangible asset.
Accordingly, $236,200 was written off at year end 2004 and as at December 31,
2005 were carrying Star at $80,000. The deterioration continued into 2006, hence
management decided to write-off the remaining balance. Star's business has
continued to deteriorate, so it was decided to cease operations as of August 28,
2007.


Jetcom Inc. has 42,337,400 outstanding common shares.

Jetcom Com (TSXV:JTM)
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