Motionsphere Capital Inc.
TSX VENTURE : MSL.P

February 23, 2007 17:08 ET

Motionsphere Capital Inc.: Resignation of Director

ST. LAURENT, QUEBEC--(CCNMatthews - Feb. 23, 2007) - Motionsphere Capital Inc. (TSX VENTURE:MSL.P) announces that Mr. Sherwood J. Young has tendered his resignation as director of the company effective February 16, 2007.

The Board of Directors does not intend to replace Mr. Young at this time.

ON BEHALF OF THE BOARD OF DIRECTORS

Joseph Bassili, President and CEO

FORWARD LOOKING STATEMENTS: This news release may contain certain forward-looking statements. All statements, other than statements of historical fact, included herein are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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