Phantom Fiber Corporation
OTC Bulletin Board : PHFB

Phantom Fiber Corporation
Dynamite Idea

Dynamite Idea

March 14, 2007 08:30 ET

Phantom Fiber and Dynamite Idea Join Forces

Extending a variety of games to the Phantom Fiber mobile platform

TORONTO, ONTARIO--(CCNMatthews - March 14, 2007) - Phantom Fiber Corporation (OTCBB:PHFB), a wireless transaction enablement company specializing in the gaming and entertainment sector has signed a multi-year agreement with Dynamite Idea, a market leading supplier in fixed odd betting games. Dynamite Idea provides a full range of internet games from traditional casino and slot games to a number of unique fixed odd games such as Hi-Lo games and other number based games such as bingo and keno. Their games are live on many of Europe's main e-gaming operators such as Ladbrokes, Skybet, PaddyPower, William Hill, UK Betting among others. Under the terms of the agreement, Phantom Fiber will extend these games to a mobile format on over 1,000 hand set types operating around the globe.

Jeff Halloran, Chairman and CEO of Phantom Fiber Corporation stated, "The United Kingdom and European markets are key to our global expansion plans and Dynamite Idea is a major contributor in executing on those plans. With the games they have to offer and the top-tier clients they service coupled with our global mobile platform, we are confident this partnership will be a success."

Simon Caddy, CEO for Dynamite Idea stated: "The integration of our market leading games to Phantom's mobile platform will be an important extension to our offering. Our games have a large internet audience and we believe they will truly appreciate the mobile experience that Phantom Fiber can deliver. Many of our clients are adding mobile gaming to their offering and Phantom's proven track record of delivering to a broad range of mobile phones is going to be important."

The partnership between Phantom Fiber & Dynamite Idea would mean that all of Dynamite's games would be supported on Phantom Fiber's extensive network of over 1,000 supported devices from anywhere in the world and both parties will share in the revenue generated.

About Dynamite Idea

Dynamite Idea was formed in 1995. They are the leading UK and European developer and supplier of unique, innovative online interactive betting games, based on revenues, number of clients, blue-chip clients, live games and games soon to be live. Years of investment and in-depth experience means that Dynamite has hundreds of live games being delivered to multiple locations, including websites, TV channels and all major mobile platforms. Games can be translated into 27 languages to broaden Dynamite Idea clients' reach and to boost revenues. Dynamite understands the formula for successful games, why games are successful and the specific requirements of different platforms.

Dynamite's product range is used successfully by a wide range of UK and European blue-chip clients including Ladbrokes, William Hill, Bwin, Sportingbet, Blue Square, SkyBet TV, SkyBet Internet, Victor Chandler, Totesport, MeccaBingo, Bet24, Bet Fred, Bet Direct, Vernon's and many others.

About Phantom Fiber Corporation

Phantom Fiber Corporation (OTCBB:PHFB) is the leading developer of wireless platform software that enables its customers to deliver high-performance applications across global communications networks to mobile users. Their wireless platform extends the rich multimedia content and user experience of existing Internet web sites securely and instantly to over 1,400 mobile devices including cellular phones and PDA's. 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; banking and brokerage applications; and logistics and distribution environments.

Forward-Looking Statements:

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.

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