United American Corporation Announces the Completion of its Main International VoIP Switching CO

Montreal, Canada, April 23, 2004. United American Corporation (OTCBB:UAMA) , announces the completion by its wholly owned subsidiary, United American Telecom (UAT) of its new main international CO (Central Office) for VoIP switching. The new facility and the VoIP switching are already operational.

The installation is a state of the-art, with redundant equipment including battery backup, electric generator, redundant air conditioning system, and fiber optic Internet backbone connection.

The main CO has an initial capacity of 21.1 millions minutes per month of VoIP switching, and with increasing capacity . UAT is currently completing International Calls to 200 destinations in more then 100 countries, some of witch are carried out by CaribbeanONE(TM), the company owned international route. The majority of UAT customers are national telecommunication carriers

This new CO while giving the company a strategic positioning in the international VoIP market, is also giving very powerful tools for other kind of telecommunication services such as VoIP local telephony service, that will be able to cover the north american market.

"With this new CO, United American Telecom is entering in a complete different league," commented Benoit Laliberte, President & CEO. "with the combination of CaribbeanONE(TM) route, we become a major player in the VoIP market," added Mr. Laliberte.

ABOUT UNITED AMERICAN CORPORATION

United American Corporation is a holding and management of next generation of Voice over Internet Protocol (VoIP) based telecommunication Company. The organisation currently has five subsidiaries. Each subsidiary operates in a specific niche market in a fast growing global worldwide IP-based telephony network. The company has created a network that is providing services from local IP-based telecommunication to international telecommunication carriers. Vectoria Telecom, Inc operates sophisticated extended local communication VoIP central office, while United American Telecom, Inc is involved in state-of-the-art International Telecommunication link & Gateway in high potential foreign countries. For more information, visit the company website at www.unitedamericancorp.com.

This news release contains forward-looking statements that are subject to various risks and uncertainties. The Company's actual results could differ materially from those anticipated in such forward-looking statements as a result of numerous factors that may be beyond the Company's control. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made, and the Company assumes no obligation to update forward-looking statements should circumstances in management's expectations or opinions change.