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Phantom Fiber and Dynamite Idea join forces

TORONTO, Ontario – (PRESS RELEASE) — 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.

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