EXHIBIT 99.1


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FUSION             ANDREW LEWIN
CONTACT:           212-972-2000
                   ALEWIN@FUSIONTEL.COM

KCSA               JEFFREY GOLDBERGER       LEE ROTH
CONTACTS:          (212) 896-1249           (212) 896-1209
                   jgoldberger@kcsa.com     lroth@kcsa.com

                                                           FOR IMMEDIATE RELEASE

FUSION'S UNDERWRITERS EXERCISE OVER-ALLOTMENT OPTION

New York,  NY,  March 30, 2005 - Fusion  (AMEX:  FSN)  announced  today that the
underwriters  of  the  Company's   recent  stock  offering  have  exercised  the
over-allotment  option to purchase 480,000 additional shares of common stock and
540,000  warrants  at the offer  price of $6.45 per  common  share and $0.05 per
warrant

As a result of the exercise of the option,  the Company received  additional net
proceeds of approximately $2.9 million, resulting in total net proceeds from the
offering of approximately $23.3 million.  After giving effect to the sale of the
over-allotment shares, a total of 4,080,000 shares of common stock and 4,140,000
warrants were sold in the offering.

Kirlin  Securities,  Inc. acted as the managing  underwriter  for this offering.
Copies of the  prospectus  relating to this  offering may be obtained  from Mara
Andkhoie at Kirlin  Securities  Inc. 6901 Jericho  Turnpike,  Syosset,  New York
11791, telephone: (516) 393-2500 extension 183.

ABOUT FUSION:
Fusion is a provider of VoIP (Voice Over Internet  Protocol) and other  Internet
services to, from,  in and between  emerging  markets in Asia,  the Middle East,
Africa, the Caribbean and Latin America.  Fusion currently provides





a full suite of  communications  services to corporations,  postal telephone and
telegraph  companies,  international  carriers,  government  entities,  Internet
service providers and consumers in over 45 countries.


Statements in this Press Release that are not purely historical facts, including
statements  regarding Fusion's beliefs,  expectations,  intentions or strategies
for the future, may be "forward-looking statements" under the Private Securities
Litigation Reform Act of 1995. All  forward-looking  statements involve a number
of risks and uncertainties  that could cause actual results to differ materially
from the plans,  intentions  and  expectations  reflected in or suggested by the
forward-looking  statements. Such risks and uncertainties include, among others,
introduction of products in a timely fashion, market acceptance of new products,
cost increases, fluctuations in and obsolescence of inventory, price and product
competition, availability of labor and materials, development of new third-party
products  and  techniques  that render  Fusion's  products  obsolete,  delays in
obtaining regulatory approvals,  potential product recalls and litigation.  Risk
factors,  cautionary  statements and other conditions which could cause Fusion's
actual results to differ from management's current expectations are contained in
Fusion's  filings with the  Securities  and Exchange  Commission  and  available
through http://www.sec.gov.