Exhibit
31.1 CERTIFICATION
OF CHIEF EXECUTIVE OFFICER PURSUANT TO
RULE 13a-14 OF THE SECURITIES EXCHANGE ACT OF 1934,
AS ADOPTED PURSUANT TO SECTION 302
OF THE SARBANES-OXLEY ACT OF 2002 I, Shant S. Hovnanian, certify that: 1. I have reviewed this annual report on Form 10-K of
Speedus Corp.; 2. Based on my knowledge, this report does not contain
any untrue statement of a material fact or omit to state a material fact
necessary to make the statements made, in light of the circumstances under
which such statements were made, not misleading         with respect to the period covered by this report; 3. Based on my knowledge, the financial statements,
and other financial information included in this report, fairly present in       all material respects the financial condition,
results of operations and cash flows of the registrant as of, and for, the
periods presented in this report; 4. The registrants other certifying officer and I are
responsible for establishing and maintaining disclosure controls and procedures
(as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant
and have: (a) Designed such disclosure controls and
  procedures, or caused such disclosure controls and procedures to be designed
  under our supervision, to ensure that material information relating to the
  registrant, including its
  consolidated subsidiaries, is made known to us by others within those
  entities, particularly during the period in which  this report is being prepared;(b) Designed such internal controls over financial
  reporting, or caused such internal controls over financial reporting to be
  designed under our supervision, to provide reasonable assurance regarding the
  reliability of financial reporting
  and the preparation of financial statements for external purposes in
  accordance with generally accepted accounting principals;(c) Evaluated the effectiveness of the registrants
  disclosure controls and procedures and presented in this report our  conclusions about the effectiveness of the
  disclosure controls and procedures, as of the end of the period covered by
  this report based on such evaluation; and(d) Disclosed in this report any change in the
  registrants internal control over financial reporting that occurred  during the registrants most recent fiscal
  quarter (the registrants fourth fiscal quarter in the case of an annual
  report)  that has materially affected,
  or is reasonably likely to materially affect, the registrants internal
  control over financial  reporting; and 5. The registrants other certifying officer and I
have disclosed, based on our most recent evaluation of internal control over
financial reporting, to the registrants auditors and the audit committee of
the registrants board of directors (or persons performing the equivalent functions): (a) All significant deficiencies and material
  weaknesses in the design or operation of internal control over financial
  reporting which are reasonably likely to adversely affect the registrants
  ability to record, process, summarize and report financial information; and(b) Any fraud, whether or not material, that
  involves management or other employees who have a significant role in the
  registrants internal control over financial reporting.Date:
March 31, 2008By:
/s/ Shant S. HovnanianName:
Shant S. HovnanianTitle:
Chairman of the Board, President and Chief Executive
  Officer 2