PRESS RELEASE 02.24.07
ZUNICOM Announces Cash Dividend On Common Stock

Dallas, Texas, February 24, 2007 – Zunicom, Inc. (OTCBB: ZNCM.OB), announced today an eighty cents ($0.80) per share cash dividend on its issued and outstanding shares of common stock. The dividend will be payable on March 24, 2007, to shareholders of record on March 9, 2007. Zunicom does not have accumulated earnings, but estimates it may have a small amount of net earnings for calendar 2007. Zunicom therefore believes that the cash distribution (in excess of 2007 net earnings, if any) may be treated as a tax-free return of capital to the extent of the shareholder’s adjusted tax basis in our shares and thereafter as a capital gain. However, shareholders should consult their own tax advisor when reporting this dividend on their 2007 tax returns.

 About Zunicom, Inc.

Zunicom, Inc. (www.zunicom.com) through its wholly owned subsidiary, AlphaNet Hospitality Systems, Inc. (www.alphanet.net), provides business communication services to the hospitality industry. Zunicom owns 2,000,000 shares of the common stock of Universal Power Group, Inc. (Amex-UPG) that represents 40% of the issued and outstanding shares of UPG common stock as of this date.

Forward Looking Statement Disclaimer

This release contains a number of forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements.”  Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company’s actual operating results to be materially different from any historical results or from any future results expresses or implied by such forward-looking statements.  In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “believes,” “belief,” “expects,” “expect,” “intends,” “intend,” “anticipate,” “anticipates,” “plans,” “plan,” to be uncertain and forward-looking.  The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company’s filings with Securities and Exchange Commission.

Contact:

 Zunicom, Inc.

Carl A. Generes

214.352.8674

972.715.5700-fax

cgeneres@genereslaw.com