Phantom Fiber Corporation
OTC Bulletin Board : PHFB

Phantom Fiber Corporation

October 14, 2005 09:39 ET

Phantom Fiber Corporation Announces Investor Conference Call, Hosted by Company President & CEO, Jeff Halloran

TORONTO, ONTARIO--(CCNMatthews - Oct. 14, 2005) - Phantom Fiber Corporation (OTCBB:PHFB), today announced an investor conference call to be held at 4:30 p.m. Eastern Standard Time on Monday October 17, 2005. Phantom Fiber's President & CEO, Jeff Halloran will host the call.

In this call, Mr. Halloran will discuss Phantom Fiber's business model, significant client wins in several gaming verticals, an aggressive mobile deployment schedule across several gaming verticals including recent wireless platform enhancements designed to accelerate viral activity and adoption for mobile gambling applications. As well, Mr. Halloran will discuss new marketing initiatives and key trends which support his growth objectives.

As a preface to the conference call Jeff Halloran, President and CEO for Phantom Fiber stated, "We have made significant progress on a number of fronts in the past two quarters. We felt it was time to share our vision and recent results with shareholders. With our growing dominance in the gaming space, we receive numerous inquiries from potential shareholders. We are using this conference call as a forum to clearly describe our business model and how Phantom Fiber generates revenue. Our adoption is increasing monthly with 35% month over month compounded growth for our sports book and horse racing product users during football season alone. Our latest adoption enhancements have allowed our casino clients to realize vast increases in usage. We have a client that has seen mobile usage increase by 585% in the last two weeks. Our poker product is now production ready with an anticipated release later this month along with our expected announcement of new license agreements with poker providers. We will also discuss what shareholders can anticipate in the next few quarters as we increase our leadership role in the wireless and gaming sectors. Our competition is watching us closely and has even been quoted as saying Phantom Fiber's technical delivery is beyond reasonable expectations -- specifically regarding our mobile poker product solution. For that we would like to thank them and reply 'You haven't seen anything yet'."

Phantom Fiber Corporation 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. For more information, please visit www.phantomfiber.com. Interested parties may hear the conference call by telephone.

Instructions for hearing the conference call if you do not have Internet access to pre-register:

To hear the conference call as it takes place:

Call 1-800-704-9804 in the United States or Canada or;

Call 1-404-920-6604 in the Atlanta Area or Internationally

Pin Code: 357171

Exclusive: For Expedited Entry into the Conference, please register via this link (http://www.accuconference.com/phantomfiber) for your Direct Access 1-800 number and unique pin code to be sent to you via email.

To hear a recording of the call (available immediately following the call by telephone for 30 days after the call takes place): Call 1-800-704-9804 in the United States or Canada or; Call 1-404-920-6604 in the Atlanta Area or Internationally. Pin Code: 7196651.

Forward-Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes" "anticipates" "plans" or "expects" and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. Reference is made to the Company's filings with the Securities and Exchange Commission for a more complete discussion of such risks and uncertainties.

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