Phantom Fiber Corporation
OTC Bulletin Board : PHFB

Phantom Fiber Corporation

August 22, 2005 09:01 ET

Leading Brand Aspinalls.com to Launch Mobile Casino Using Phantom Fiber's Advanced Wireless Platform

TORONTO, ONTARIO--(CCNMatthews - Aug. 22, 2005) - Phantom Fiber Corporation (OTCBB:PHFB), the leading developer of wireless platform software announced that it will be providing the technology to enable Aspinalls Online Casino 'Aspinalls.com' to offer mobile gaming.

Aspinalls.com (www.Aspinalls.com) is a leading online casino brand established by Damian Aspinall, heir to the founder of the glamorous land-based Aspinalls of Mayfair, London. Aspinalls.com will use Phantom Fiber's advanced wireless platform to deliver mobile wagering to its customers worldwide. Aspinalls.com chose Phantom Fiber because of its established reputation and recognized dominance in providing a secure wireless platform solution to the gaming industry.

Aspinalls Mobile - AspinallsMobile.com (www.AspinallsMobile.com) -- will offer entertaining casino-style games, which also include features such as mobile banking and mobile account registration for Java-enabled phones, plus for mobile devices powered by Microsoft's Windows Mobile PocketPC Phone Edition and Smartphone series, Palm, Symbian, and RIM Blackberry 7000 series. The result is mobile casino support which literally dominates the mobile device market of more than 600 models worldwide. Phantom Fiber's Advanced Wireless Platform also enables Aspinalls Mobile to use its new proprietary affiliate tracking and over-the-air download capabilities to accelerate adoption, acquisition and conversion of customers to its new mobile offering.

Mr. Damian Aspinall, Aspinalls.com CEO, said, "By partnering with Phantom Fiber, we're working with one of the world's most advanced wireless platforms to deliver a mobile offering to our customers worldwide. As an established gaming brand, we're pleased to be working with what we consider to be one of the best solutions in the industry. Many of our VIP clients have been demanding a mobile product for some time. We feel that 2005 is the right time for Aspinalls.com to enter this new channel and extend its market leadership before the mobile gaming break-out in 2006. Phantom Fiber's aggressive philosophy to support virtually any mobile device, on any mobile platform, across all global communication networks is the perfect foundation which allows us to enter the mobile market quickly and effectively with the broadest mobile support possible."

Jeff Halloran, President and CEO for Phantom Fiber commented, "We are proud to be working with Aspinalls.com, a leading brand with a solid history and strong land-based roots. In the world of gaming, an established reputation is the difference between success or failure and Aspinalls has consistently proved that success could be achieved by raising the bar with integrity, passion and vision. Aspinalls.com has a unique opportunity to target its customers with marketing campaigns designed to attract users to its mobile casino (AspinallsMobile.com). Looking beyond its existing customers, the strength of its reputation and market position allows Aspinalls.com to quickly extend its mobile offering to a global audience on the world's most advanced wireless platform."

Safe Harbor Statement

Some statements in this release are "forward-looking statements" as that term is defined in Sections 27A of the Securities Act of 1933 as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"), and are subject to certain risks and uncertainties, including, but not limited to, economic conditions, competition, changes in laws and the demand for the company's goods and services, which could significantly affect anticipated future results. Actual results may differ materially from any forward-looking statements.

About Aspinalls.com

Aspinalls.com is the trading name of Aspinalls Online Casino. Aspinalls.com adheres to the same standards of excellence that has made the Aspinall name a respected name in gaming worldwide. Players with Aspinalls.com receive fast, reliable payouts, and are entitled to frequent bonus incentives, promotional offers, and 24-hr live customer service provided by dedicated professionals. Players can find it easy to manage their account via our wide range of deposit methods, and are assured complete privacy and discretion via our use of secure 128-bit data encryption servers.

About Phantom Fiber Corporation

Phantom Fiber Corporation (OTCBB:PHFB) is the leading developer of wireless platform software that enables our customers to deliver high-performance applications across global communications networks to mobile users. Our wireless platform extends the rich multimedia content and user experience of existing Internet web sites securely and instantly to a wide array of wireless devices including PDAs and programmable cellphones.

This platform is already deployed to most segments of the global gaming industry and can be used by enterprises seeking to implement high performance mobile applications in such markets as: remote medical record access by physicians; securities research and trading; and, remote monitoring and the management of logistics and distribution. Phantom Fiber's Advanced Wireless Platform supports over 1000 mobile devices worldwide and includes a host of new features of benefit to gaming operators serving a global audience.

Phantom Fiber Corporation (OTC Bulletin Board: PHFB)

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