SOURCE: Phoenix International Ventures Inc.

September 07, 2007 11:49 ET

Phoenix Aerospace Inc. Has Received a $363,000 Purchase Order From a Major Defense Contractor

CARSON CITY, NV--(Marketwire - September 7, 2007) - Phoenix International Ventures Inc. (PINKSHEETS: PIVN) announced today that its wholly owned subsidiary, Phoenix Aerospace Inc., has received a $363,000 purchase order to deliver Air Start Cart systems to a major defense contractor. Air Start Carts are a type of equipment used to provide pneumatic power to start jet engines. The company has supplied these products before. Delivery is expected by the end of October 2008.

Commenting on the purchase order, Phoenix International Ventures Inc.'s CEO Mr. Zahir Teja said, "We are continuing to supply this product on a recurring basis. We are proud of the continued confidence in us and we believe additional orders will come from this relationship."

About Phoenix International Ventures Inc.

Phoenix International Ventures, Inc. of Carson City, Nevada, was established in order to acquire and develop business in the defense and aerospace market. The company has acquired 100% of Phoenix Aerospace Inc. which specializes in manufacturing, remanufacturing and upgrading of Ground Support Equipment (GSE) which is primarily used to support military aircraft.

Certain statements in this news release by Phoenix International Ventures Inc. are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking information is subject to risk and uncertainty. Certain statements in this Press Release may contain forward-looking information that involves risk and uncertainty, including but not limited to, the Company's ability to fund ongoing operations and to complete its obligations under the government and/or customer contract and its other ongoing commitments. Future results and trends depend on a variety of factors, including the Company's successful execution of internal performance plans; product development and performance; government bid and funding availability uncertainty; other regulatory uncertainties; performance issues with key suppliers and subcontractors; and the ability to adequately finance operations including meeting its debt obligations, fund manufacturing and delivery of products.

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