Digerati Technologies engaged Newport Capital Consultants to assist with its growth strategy and corporate objectives. Newport Capital will serve as an advisor for investment banking, mergers and acquisitions, and other consulting services. Gary Bryant of Newport Capital said they are excited to help Digerati capitalize on opportunities in the growing cloud communication sector. Arthur Smith, CEO of Digerati, stated that Newport Capital is known for helping companies reach goals like listing on a primary stock exchange. Newport Capital has over 60 years of combined investment banking and consulting experience.

1. Digerati Technologies Announces Engagement of Newport
Capital Consultants, Inc.
San Antonio, Texas – April 19, 2012 - Digerati Technologies, Inc.
(OTCBB:DTGI) (OTCQB:DTGI), an established and award-winning provider of
cloud communication services, today announced that the Company has engaged
Newport Capital Consultants, Inc. to assist with its growth strategy and reaching
key corporate objectives. Under the terms of the consulting agreement, Newport
Capital Consultants will serve as an advisor to the Company for investment
banking, mergers & acquisitions and other consulting related services.
Gary E. Bryant, President of Newport Capital Consultants, Inc., commented, “We
are very excited for the opportunity to work with Digerati. The Company's
management team has a proven track record of success, having demonstrated
the ability to execute in the past and grow their business. We are thrilled to be a
part of the team and look forward to assisting Digerati with its business model
and diversification strategy that capitalizes on opportunities in the fast-growing
cloud communication sector of the industry.”
Arthur L. Smith, CEO of Digerati Technologies, Inc., stated, "Gary and Newport
Capital Consultants are known for helping micro-cap companies secure
financing, mature, and reach key milestones such as listing on a primary stock
exchange. We have been there before and felt it was important to align
ourselves with a firm that had a background in helping companies meet goals
similar to those we have set for Digerati. Gary has 50 years of experience and a
reputation for being one of the best in the micro-cap, capital markets industry.
We are fortunate to have secured the support of a proven team that believes in
our story and our combined ability to increase shareholder value.”
Newport Capital Consultants, Inc. is based in Bartonville, Texas with offices in
Frisco, Texas. Newport Capital Consultants, Inc. is a full-service consulting firm
that specializes in consulting to the capital markets. Newport Capital Consultants
executive team has over 60 years of combined experience with consulting and
investment banking services. Newport Capital Consultants, Inc. is a member of
the National Investment Banking Association (NIBA) www.nibanet.org, as well a
member of the Alliance of Merger & Acquisition Advisors (AMAA). In December
of 2006, Newport Capital Consultants' President, Gary E. Bryant, received the
prestigious "Founders Award" from the National Investment Banking Association.

2. Digerati is a three-time recipient of Deloitte and Touche's Fast 500 Award for
recognition as one of the 500 fastest growing technology companies in North
America. Digerati is meeting the global needs of businesses that are seeking
simple, flexible, and cost-effective communication solutions. Digerati's cloud-
based services include a fully hosted IP/PBX, VoIP transport, SIP trunking, data
storage, and customized VoIP solutions for specialized applications. Services are
delivered with unparalleled reliability and performance over Digerati's carrier-
class global VoIP network, which has been built over the course of a decade. For
more information visit www.digerati-inc.com.
The information in this news release includes certain forward-looking statements
that are based upon management’s expectations and assumptions about certain
risks and uncertainties that can affect future events. Although management
believes these assumptions and expectations to be reasonable on the date of
this news release, these risks and uncertainties may cause actual events to differ
from those contained in this news release. The risks and uncertainties include,
but are not limited to, continuing as a going concern, availability and cost of our
present vendors and suppliers, and absence of any change in government
regulations or other costs associated with data transmission over the Internet or
transmissions in foreign countries.
Contact:
Jack Eversull
The Eversull Group
(972) 571-1624
(214) 469-2361 fax
jack@eversullgroup.com