3P Networks, Inc.

3P Networks, Inc.
LeaseQuest Financial Corporation

LeaseQuest Financial Corporation

November 28, 2006 09:15 ET

LeaseQuest Signs $20 Million Project Financing Agreement With 3P Networks Inc.

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 28, 2006) - LeaseQuest Financial Corporation is pleased to announce it has signed a financial partnership with 3P Networks Inc. (PINK SHEETS:TPNW) to fund infrastructure and subscriber equipment installations in multi family developments, resorts, and healthcare facilities.

The financial partnership will allow seamless installation of 3P Networks integrated telecommunications packages from conception to operation, in any multi-unit environment and provide subscribers significant cost savings. This allows the equipment costs to be recovered through accelerated depreciation, thereby enhancing the revenue-sharing model with the homeowner. The partnership further enhances sales of 3PNetworks's services by providing lease financing and administration programs to customers.

Dave Hostetter, President of LeaseQuest Financial Corp., is quoted saying, "LeaseQuest anticipates an available funding pool of $20,000,000 for 3P Networks project opportunities."

Alex Downie, CEO of 3P Networks Ltd. (Canada), is quoted saying, "We are very pleased to be associated with LeaseQuest and their innovative lease programs. This partnership will accelerate our business and provide 3P Networks customer base with the ability to reduce both up front and ongoing costs of their telecommunications infrastructure."

About LeaseQuest

LeaseQuest (www.leasequest.ca) is a Vancouver, BC based lease brokerage with a team of lease consultants in Western Canada offering equipment lease financing services. With a multitude of funding underwriters, LeaseQuest arranges complex lease-structures and specialty programs to creatively fund equipment installations for numerous vendors.

About 3P Networks

3P Networks www.3pnetworks.com is an emerging global provider of integrated telecommunications services offering (4P) Quadruple Play 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. 3P Networks 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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