TTL Tigertel Communications (Tier2)

TigerTel Communications Inc. (TSX VENTURE:TTL) (TigerTel), announced today its
operating results for the three-month period ending January 31, 2009. TigerTel
reported revenue of $5,557,735, direct costs of $2,760,957 and a gross profit of
$2,796,778. Operating expenses amounted to $2,018,309. Net earnings before
interest, taxes, amortization and other income for the period was $778,469.
Interest, amortization and provision for income taxes amounted to $87,071,
$357,304 and $89,882 respectively. Loss from discontinued operation was $5,905,
resulting in net income for the period of $238,307.


For the corresponding period last year the Company reported revenue of
$5,505,956, direct costs of $2,833,797 and a gross profit of $2,672,159.
Operating expenses amounted to $1,928,313. Net earnings before interest, taxes,
amortization and other income for the period was $743,846. Interest,
amortization and provision for income taxes amounted to $128,454, $365,539, and
$65,264 respectively. Gain from discontinued operation was $11,247, resulting in
net earnings for the period of $195,836.


For the nine months ended January 31, 2009, TigerTel reported revenue of
$16,472,415, direct costs of $8,614,480 and a gross profit of $7,857,935.
Operating expenses amounted to $5,922,229. Net earnings before interest, taxes,
amortization and other expense for the period was $1,935,706. Interest,
amortization and provision for income taxes amounted to $280,093, $1,013,835 and
$160,628 respectively. Loss from discontinued operation was $51,346, resulting
in net earnings for the period of $429,804.


For the corresponding nine month period last year the Company reported revenue
of $16,374,129, direct costs of $8,397,680 and a gross profit of $7,976,449.
Operating expenses amounted to $5,493,986. Net earnings before interest, taxes,
amortization and other income for the period was $2,482,463. Interest,
amortization and provision for income taxes amounted to $413,452, $915,726 and
$411,133 respectively. Gain from discontinued operation was $43,502, resulting
in net earnings for the period of $785,654.


Douglas D. Swift, President and CEO, commented, "Our company continued to
perform well in Q3. In a climate of fiscal restraint and economic uncertainty
our performance exceeded both the previous quarter and the same period last
year. Our employees are to be complimented for their dedication to both our
customers and our company."


About TigerTel

TigerTel, a Canadian call center organization, specializes in inbound and
outbound call center solutions and services for clients throughout North
America. With multiple call centers across Canada, TigerTel has built an
infrastructure that provides personalized services to our clients while at the
same time delivering world-class results at every level. TigerTel's vision is to
provide interactive communication solutions for our clients and their customers
by a team focused on service excellence, personal integrity and technical
innovation.


This news release contains forward-looking statements that involve risks and
uncertainties and are based on current expectations. Consequently, actual
results could differ materially from the expectations expressed in
forward-looking statements.


TIGERTEL COMMUNICATIONS INC. 

Douglas D. Swift, President and Chief Executive Officer

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