3P Networks, Inc.
PINK SHEETS : TPNW

3P Networks, Inc.

February 20, 2007 10:57 ET

3P Networks Inc. Forms Caribbean Subsidiary Papillon Telecommunications, Ltd.

NEW YORK, NEW YORK--(CCNMatthews - Feb. 20, 2007) - 3P Networks Inc. (PINK SHEETS:TPNW) today announced that it has formed a wholly owned subsidiary, Papillon Telecommunications, Ltd., in the Commonwealth of Dominica.

This new company will be used to hold various telecommunication assets in the region for provision of triple play services; these will include fixed and wireless, High Definition Digital - IPTV, voice and broadband Internet access, all branded under the name "Papillon".

Chris Farnworth CEO of 3P Networks and Managing Director of Papillon said "the formation of this wholly owned subsidiary will present our group with a beachhead to expand our telecommunications services in the region. Our recent signing of a joint venture with Link Technologies in St. Lucia is the 1st of a number of initiatives we expect to announce over the coming weeks."

About 3P Networks

3PNetworks www.3pnetworks.com is an emerging global provider of integrated telecommunications services offering Triple Play Plus services. Among their services are High Definition (HD) Digital and IPTV Television, Voice, Fixed and Wireless Data/Internet Access deployed on an IP-based network platform, at significantly lower costs than competitors. 3PNetworks offers complete end-to-end communications solutions offering services to multi-unit environments such as hotels, resorts, condominiums, planned communities and healthcare suites, where bundled subscribers can have significant savings compared to traditional providers. The building-centric model achieves economies of scale within each property that allow 3P Networks to offer multiple services to customer at an infrastructure cost and monthly price point that cannot be offered in other environments.

Certain statements in this document constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of 3P Networks Inc. ("the Company"), or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its plan of operations when needed; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.

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