Jetcom Inc. (TSX VENTURE:JTM), is pleased to announce that it has closed a
private placement of 3,000,000 units for gross proceeds of $150,000 to an arm's
length placee. Each unit is comprised of one common share at $0.05 and one
common share purchase warrant exercisable at $0.15 for 3 years from 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 purposes at the discretion of the board of Jetcom.


Jetcom Inc. has 45,337,400 outstanding common shares.

Jetcom Com (TSXV:JTM)
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