PRESS RELEASE 05.15.06
ZUNICOM, INC. ANNOUNCES FIRST QUARTER 2006 RESULTS

Net Income Up to $452,278 Compared to Net Income of $232,085 for Similar Period in 2005

CARROLLTON, TX – (BUSINESS WIRE) – May 15, 2006 – Zunicom, Inc. (OTCBB:ZNCM), parent company to Universal Power Group, Inc. (“UPG”) and AlphaNet Hospitality Systems, Inc. (“AlphaNet”), today announced its financial performance results for the three months ended March 31, 2006.

Financial Highlights for First Quarter 2006 Compared to First Quarter 2005:

• Consolidated revenues increased 19% to $21,197,221 from $17,828,399 for the similar period in 2005;

• Combined net income attributable to common shareholders was $452,278 or $0.05 per basic and diluted share, compared to combined net income attributable to common shareholders of $232,085 or $ 0.03 per basic and diluted share for the same period in 2005;

• UPG’s revenues increased 19% to $20,740,624 from $17,402,572 primarily attributable to an increase in revenues of $1,719,613 from third party logistics and fulfillment services UPG provides to a leading security customer. In addition, core battery and battery-related sales increased by $1,631,883 .

• AlphaNet’s revenues increased 7% to $456,597 from $425,827, primarily due to increase installations and usage of The Office™.

“We are pleased that UPG is performing consistently and anticipate continued growth. We believe that our strong relationship with our security customer will add continued growth revenues,” said Ian Edmonds , Zunicom Executive Vice Pre sid ent, “additionally, we are aggressively pursuing new business opportunities, such as UPG’s Batteries & Beyond retail concept, third party logistics business, and expanding into European markets.”

About Zunicom, Inc.

Headquartered in Carrollton , T exas , Zunicom ( www.zunicom.com) manages two wholly owned sub sid iaries, Universal Power Group, Inc. and AlphaNet Hospitality Systems, Inc. T he Zunicom Group of Companies currently has approximately 70 employees.

Zunicom's operations through Universal Power Group ( www.universalpowergroup.com) encompass the importation, sale and distribution of portable power and related portable-powered products packaged with third- party fulfillment, procurement and logistics support services to multiple industries including medical, security, mobility, consumer, industrial and more. Universal is one of the leading distributors of sealed lead acid batteries in the nation, and Universal's products are sold to original equipment manufacturers (OEMs) and distributors for use in the manufacture and sale of high-technology products such as computers, oil field equipment, medical instrumentation, uninterruptible power supply systems and security equipment. Universal also provides value-added custom battery pack assembly and custom kitting services. Some of Universal's customers include Brink’s Home Security, Home Depot Supply, Radio Shack, The Scooter Store, Cabela’s, Academy and Pride Mobility.

Zunicom's operations through AlphaNet ( www.alphanet.net) consist of the sale of business communication, productivity, connectivity and wireless internet solutions to the hospitality industry through licensing agreements. AlphaNet's product offerings include T he InnRoom Business Center™, a private in-room facsimile and printing service, and T he Office™, a 24-hour unattended self-serve credit card activated hotel business center providing hotel guests with 24-hour convenient access to various business office services. Laptop Connect™ allows hotel guests the ability to connect their laptops to high-speed internet access points located within the hotel by connecting a supplied cable. Laptop Connect™also offers a hotspot for users wishing to access the internet through the wireless network feature on their laptop. Similarly, AlphaNet's WaveLan™ solution essentially enables hotels to provide their guests with public area wireless internet access in any number of locations including lobbies, meeting rooms, lounges, bars and restaurants.

DOWNLOAD FIRST QUARTER RESULTS FOR 2006 (WITH FINANCIAL CHARTS)

FOR MORE INFORMATION, PLEASE CONTAC T :

 ZUNICOM, INC.
Mimi Tan
469.892.1200
mtan@zunicom.com