Strategic Internet Investments Inc.
OTC Bulletin Board : SIII

Strategic Internet Investments Inc.

September 15, 2008 19:08 ET

Strategic Internet Investments Incorporated Announces Resignation of Officer

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 15, 2008) - STRATEGIC INTERNET INVESTMENTS, INCORPORATED (OTCBB:SIII) ("SIII" or the "Company") wishes to inform shareholders and investors that Mr. Ralph Shearing, due to personal reasons, has resigned his position as President and Chief Executive Officer of SIII effective immediately. Mr. Shearing will retain a directors position with the Company.

Mr. Abbas Salih, CFO and Director of the Company, currently a resident of Dubai, UAE has assumed the role of President and Chief Executive Officer vacated by Mr. Shearing.

SIII has determined that due to the above resignation it will be unable to effectively operate its head office from its current location and that it is in the best interest of the Company to move its corporate office from Vancouver, British Columbia to a jurisdiction outside of Canada, either Dubai, UAE or the USA. An announcement will be made on the final chosen destination of the Company's corporate office in the next several days and the move is expected to be completed within approximately one month.

On Behalf of the Board,

Mr. Abbas Salih, President

Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Some of the factors that could cause actual results to differ from expected or desired results are funding not being secured, agreements not being completed in a timely manner, political climates and other issues. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

Shares issued: 26,560,326

Sec # 33 - 28188

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