Jaguar Mining Enterprises, Inc. Completes Reverse Merger With ACI Telecentrics, Inc.

RICHMOND, TX, Aug 27 (MARKET WIRE) --
Jaguar Mining Enterprises, Inc. (PINKSHEETS: JAGR), an independent mining
company engaged in the acquisition, development, and exploitation of iron
ore primarily mined in Mexico, announced today the completion of its
reverse merger with ACI Telecentrics, Inc. ("ACIT"). In accordance with
the Plan of Merger, ACIT's name was changed to Jaguar Mining Enterprises,
Inc. and it began trading under its new symbol "JAGR" on July 31, 2009.

"We are very pleased to become a public company. The completion of this
transaction enables us to broaden our investor base, create a liquid
market for our stock, and financially support the accelerated growth of
our business as we strive to become a leading junior mining company
focused on the extraction of iron ore from mines primarily located in
Mexico. We see this merger as an important milestone in achieving the
goals we have laid out for our company over the next 12 to 24 months, and
have now begun our next phase of growth," said Mr. Dale Williams, Chief
Executive Officer of Jaguar Mining Enterprises.

ACIT stockholders received one share of the combined company's common
stock for each issued and outstanding share of ACIT common stock, and in
exchange for 100 percent of the outstanding capital stock of Jaguar, the
Jaguar stockholders received 33 million shares of the combined company's
common stock, which represents approximately 54.7 percent of the combined
company's common stock following the Merger.

About Jaguar Mining Enterprises, Inc.:

Jaguar Mining Enterprises, Inc. is an independent mining company engaged
in the acquisition, development, and exploitation of iron ore primarily
mined in Mexico. The Company specializes in the exploitation of iron ore
mines with proven reserves. The Company's strategy is to locate, acquire
and develop mine locations that contain sufficient quantities of iron ore
and require minimal start-up costs. For additional information regarding
Jaguar Mining Enterprises please visit:

www.jaguarminingenterprises.com

Safe Harbor: Statements regarding financial matters in this press release
other than historical facts are "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, Section 21E of the
Securities Exchange Act of 1934, and as that term is defined in the
Private Securities Litigation Reform Act of 1995. The Company intends
that such statements about the Company's future expectations, including
future revenues and earnings, technology efficacy and all other
forward-looking statements be subject to the Safe Harbors created
thereby. Since these statements (future operational results and sales)
involve risks and uncertainties and are subject to change at any time,
the Company's actual results may differ materially from the expected
results.

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Contact:
Jaguar Mining Enterprises, Inc.
Dale E. Williams
1860 FM 359, #177
Richmond, TX 77406
Phone: (281) 712-1235
Fax: (281) 520-4378
Email: inquiry@jaguarminingenterprises.com
Website: www.jaguarminingenterprises.com

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