SOURCE: Phoenix International Ventures, Inc.

November 16, 2007 13:12 ET

Phoenix Aerospace Inc. Receives a $159,000 Purchase Order for the Remanufacturing of Air Start Carts for a New Customer

Exceeding $1.3M of New Orders in the Last Three Months

CARSON CITY, NV--(Marketwire - November 16, 2007) - Phoenix International Ventures, Inc. (OTCBB: PIVN) announced today that its wholly owned subsidiary, Phoenix Aerospace Inc., has received a $159,000 purchase order for the remanufacturing of Air Start Carts.

Commenting on the purchase order, Phoenix International Ventures, Inc.'s CEO, Mr. Zahir Teja, said, "This order from a new customer is part of our continued marketing momentum which is also aimed at enlarging our customer base. Since the end of August 2007, we announced the receipt of over $1.3 Million dollars of new orders; these orders combined with our previous backlog set a solid base for our 2008 activities. Our expertise in the field of Air Start Carts is being rewarded by orders from old and new customers."

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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