Bootie Beer Company Files Voluntary Chapter 7 Petition

WINTER PARK, Fla., Jan. 3 /PRNewswire-FirstCall/ -- TMT Capital
Corporation (OTC Bulletin Board: TMTP) and its subsidiary Bootie Beer Company
("Bootie") today announced that Bootie has filed a voluntary petition under
the provisions of Chapter 7 of the United States Bankruptcy Code in the United
States Bankruptcy Court, Middle District of Florida, on December 31, 2007.
Only Bootie filed for bankruptcy protection, and not TMT Capital Corporation
or any of its other subsidiaries. Bootie's creditors will be notified in
writing how to contact the trustee.
"This action is the necessary and a responsible step to preserve TMT
Capital Corporation's value for our creditors, customers, employees,
subsidiaries, business partners and other stakeholders," said Tania Torruella,
Chief Executive Officer of TMT Capital. "We are saddened by this action and
the circumstances that necessitated it, but our first priority remains our
shareholders. We are committed to provide them shareholder value and this
action will improve operations by permitting an independent trustee to
investigate and process Bootie's assets and liabilities."
About TMT Capital Corporation
TMT Capital Corporation operates as a holding company representing various
industries and companies. Currently, TMT and its subsidiaries are involved in
multiple focused business activities including Wireless Communications and
Real Estate. Our mission is to grow shareholder equity by acquiring companies
with unique business models and capitalizing on current trends in
multi-billion dollar industries.
Forward-Looking Statements: This release may contain forward-looking
statements, including, without limitation, statements concerning our business
and possible or assumed future results of operations. Our actual results
could differ materially from those anticipated in the forward-looking
statements for many reasons including: our ability to continue as a going
concern, adverse economic changes affecting markets we serve; competition in
our markets and industry segments; our timing and the profitability of
entering new markets; greater than expected costs, customer acceptance of
wireless networks or difficulties related to our integration of the businesses
we may acquire; and other risks and uncertainties as may be detailed from time
to time in our public announcements and SEC filings. Although we believe the
expectations reflected in the forward-looking statements are reasonable, they
relate only to events as of the date on which the statements are made, and our
future results, levels of activity, performance or achievements may not meet
these expectations. We do not intend to update any of the forward-looking
statements after the date of this document to conform these statements to
actual results or to changes in our expectations, except as required by law.
Additional information about the Company can be found in periodic filings with
the Securities and Exchange Commission available at http://www.sec.gov.
SOURCE Bootie Beer Company

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