FOR IMMEDIATE RELEASE

October 31, 2007

House Ways and Means Approves Peru FTA

TIA Applauds Unanimous Vote for Key Trade Pact.

Arlington, Va. - The Telecommunications Industry Association (TIA) applauds the House of Representatives Ways and Means Committee's overwhelming support for the U.S.-Peru Free Trade Agreement (FTA), which it moved to the House floor by a vote of 39-0 today. The FTA, H.R. 3688, was fast-tracked through Congress and would implement an FTA, first signed in April 2006 and revised this past May, that greatly reduces unfair impediments to entering the Peru market. TIA has long advocated quick approval of the Peru FTA, as well the other three U.S. FTAs, with Panama, Colombia and South Korea, currently before Congress.

"Ways and Means has shown a real grasp of how beneficial free trade is to the U.S. high tech industry, and we hope the full House takes up this bill as soon as possible," said TIA President Grant Seiffert. "The benefits of these FTAs to TIA's members and the U.S. economy are clear."

For more information about TIA's free trade advocacy, please contact Ian Martinez at 703.907.7723 or imartinez@tiaonline.org.

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About TIA
For almost three decades, TIA has leveraged its global resources to create the best possible business environment within which our 500+ members can research, develop, manufacture, market and sell their products and services worldwide. The association accomplishes this through its expertise in standards, advocacy, business development, market intelligence, environmental compliance and information security. TIA is committed to expanding market opportunities while protecting and enhancing the reputation of the global communications industry with all its stakeholders. For more information, go to http://www.tiaonline.org.