SOURCE: Seamless Wi-Fi, Inc.

March 01, 2007 18:42 ET

Mortgage Brokers for Change Successfully Completes First Beta Test of Final Release Version of the Phenom™ Secure P2P Software Program

New Organization Seeking to Set Higher Ethical Standards and Disclosure Practices for Mortgage Brokers Nationwide Verifies Phenom™ as Foundation for Secure Collaborative Environment

LAS VEGAS, NV -- (MARKET WIRE) -- March 1, 2007 -- Seamless Wi-Fi, Inc. (OTCBB: SLWF) subsidiary Seamless Peer 2 Peer, Inc. today announced today that Phenom™ Release 3.0 was successfully beta tested by a newly-founded organization, Mortgage Brokers For Change (MBFC). MBFC is in the process of board elections and plans to help curb predatory mortgage lending practices primarily through establishing standardized disclosure practices to provide easier to understand mortgage information to consumers. Phenom™ provides SOX and HIPAA-compliant secure peer mail, chat, file transfer, remote PC access, secure Void, video conferencing and white boarding.

"I found Phenom™ to be a robust community development and communications platform for Mortgage Brokers For Change," said Ron Borg, acting chairman for MBFC. "As our organization grows we are going to need a secure collaborative communications channel for internal board communications and also as a community training, development and communications tool for our members, who will be mortgage brokers and loan officers dedicated to providing full and comprehensive disclosure to their clients."

"Consumers have been forced to seek alternative forms of financing to lower their monthly payments as property values rise," continued Mr. Borg. "Unfortunately, they often wind up with loan products containing variables that could potentially be financially disastrous for them -- it is often the fault of the broker or loan officer for not fully explaining all the ramifications of a particular loan. This is why we are pushing for full and clear disclosure. We are currently seeking the most ethical, honest and knowledgeable brokers and loan officers of this country to join us and, together, we will look to establish best practices in disclosure, documentation and consumer education. It clearly looks as though Phenom™ provides the perfect communications platform with which to assist us in doing so."

"MBFC is an ideal early adoption user for Phenom™ as they are going to be making significant waves in the mortgage broker community and as such need a verified secure communications tool," said Lucanus Rippy, President of Seamless Peer 2 Peer, Inc. "Phenom™ will help them work with their membership to conduct collaborative document review, board video conferencing, member training and communications. We are pleased to have been evaluated at this early stage in the launch of MBFC and look forward to working with the organization by providing the tools, which will allow them to grow their membership. We are completing the approved beta testing program now as the final step to full public rollout."

Phenom™ is available prior to public Beta Test launch (which is scheduled for March 12, 2007) to interested parties who must sign and execute a Non Disclosure Agreement (NDA) from www.slwf.net, complete all fields on the form and fax to (866) 921-9881. Upon receipt of the completed NDA a license key and download URL location will be forwarded to the approved NDA signer.

Mortgage brokers interested in working with MBFC may contact Mr. Borg at (727) 361-1000 or via his website at www.AskRonBorg.com. MBFC expects their web presence to be established over the next quarter.

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About Seamless Wi-Fi

Seamless Wi-Fi, Inc. (www.slwf.net) is a Las Vegas-based company listed on the Over-The-Counter Bulletin Board under the trading symbol SLWF. Seamless develops and markets cutting-edge secure internet communications products and services through its three operating subsidiaries: Seamless Skyy-Fi, Inc. (www.skyyfi.com), Seamless Peer 2 Peer, Inc. (www.seamlessp2p.net) and Seamless Internet (www.seamlessinternet.com). Seamless Skyy-Fi is forging a network of Wi-Fi hot spots in targeted geographic and vertical markets across the country and has developed a Patent Pending "Secure Internet Browsing" software program "SInB"™. Seamless Peer 2 Peer has developed and is currently Beta Testing version 3.0 of their Patent Pending Phenom™ Virtual Internet Extranet encryption software, which provides SOX and HIPAA-compliant secure internet communications over standard internet services. Seamless Internet provides secure hosting services for all-Seamless company clientele and is manufacturing and marketing its Patented S-XGen™ Ultra Mobile Personal Computer and Communications Device that combine portability, connectivity, processing power and entertainment capabilities for the ultimate laptop replacement.

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