Mr. George Metrakos nominated CEO of Téliphone, Inc. a subsidiary of United American Corporation

Montreal, Canada, September 22, 2004.  United American Corporation (NASD otcbb:UAMA) announces the nomination of Mr. George M. Metrakos, Eng. , MBA as CEO of its wholly owned subsidiary Téliphone Inc.

Téliphone, Inc., a leading mobile internet telephony service provider, will greatly benefit from Mr. Metrakos ' leadership and expertise in strategic planning, marketing and finance developed throughout his career in various leading technology companies.  With a particular emphasis on growth-oriented, results-focussed performance, Mr. Metrakos will ensure the corporation's mission of becoming a world leader in the Telecommunications sector.  Mr. Benoit Laliberté , Chairman of United American Corporation, added “client satisfaction and shareholder value are among his many strengths and it is for these reasons that we welcome Mr. Metrakos to our team”.

About TéliPhone, Inc.

Téliphone, Inc. is a wholly owned subsidiary of UAC. Since 2001, the company is the pioneer of Voice over Internet Protocol in Canada. The company was the first Canadian VoIP service provider to offer a national wide telecommunication local calls coverage service. The company developed a powerful back office system that gives an integrated web-based personal portal to their subscribers, which constitutes the core technology of the today's mobile téliPhone™ services. TéliPhone™ operates its own Main CO (Central Office) in Montreal , from where all worldwide téliPhone™ devices are controlled, thus giving the company the advantage of centralize operations and cost reductions.

The CO is a state-of-the-art, with redundant equipments including battery backups, electric generators, redundant air conditioning system, and fibre optic Internet backbone connections. Also, téliPhone™ rely on leading edge equipment witch is mainly constituted of HP/Compaq servers, running with Microsoft Windows and Linux servers operating system, and Cisco System and Quintum Technology switches, gateway and network equipment. For more information, visit the company website at www.teliphone.us .

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 organization 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. TéliPhone, Inc. operates sophisticated extended local communication VoIP central office, while United American Telecom, Inc. operates CaribbeanONE™ a state-of-the-art International telecommunication route & gateway. 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.