Neil McDonnell Named CEO of Ignition Point Technologies Corp

    Brings 25 Years of Experience to the Fibre Optic Company

    VANCOUVER, Nov. 22 /CNW/ - The Board of Directors of Ignition Point
Technologies Corp. (TSX:IPN) and TeraSpan Networks is pleased to announce that
D. Neil McDonnell has been appointed as Chief Executive Officer.
    Mr. Michael Cytrynbaum, Chairman of the Board of Directors of Ignition
Point Technologies said: "We are pleased to have Mr. McDonnell join our
company and strengthen our management team. His leadership skills and senior
management experience will help drive our company through a very exciting
growth period."
    Mr. McDonnell stated: "I am excited to join Ignition Point and work with
the Board of Directors and the management team. With the growth in Fibre optic
communications, cable companies, carriers, and municipalities are looking to
the TeraSpan's Vertical Inlaid Fibre solutions to drastically reduce their
cost of deployment."
    Mrs. Lisa Payne, President of TeraSpan Networks stated: "We are very
excited to bring Mr. McDonnell on board as it is important to add a seasoned
CEO to the team to help strengthen our position in an industry set to
experience exponential growth."
    Although today's communication infrastructures vary tremendously in terms
of transport mediums and technology, fiber still remains the solution of
choice for delivering reliable, always-on, high-speed broadband service to
business and residential customers in metropolitan, suburban and urban areas
around the world. TeraSpan sells proprietary Fibre optic products to enable
infrastructure suppliers to increase revenues more quickly and cost
effectively than their competitors. Unlike cost prohibitive traditional
trenching methods, TeraSpan's carrier class solution is less disruptive, and
reduces the costs of deployment but as much as 66% over conventional trenching

    About Ignition Point

    Ignition Point Technologies Corp. (TSX-VEN:IPN), a Vancouver-based
broadband technology company, provides unique access and applications
solutions to wired service providers. Ignition Point's subsidiary is TeraSpan
Networks Inc. For more information, visit

    TeraSpan Networks

    TeraSpan Networks has developed and commercialized an innovative method
of deploying fibre optic networks. TeraSpan's innovative Vertical Inlaid Fiber
(VIF) system changes the way fibre is deployed for carrier class applications,
reducing costs, maximizing versatility, and minimizing environmental impact.
TeraSpan provides a complete deployment solution that is fully scalable to
meet present and future network requirements, reducing the costs and time for
deployment over conventional trenching solutions.

    This release may contain certain forward-looking statements reflecting
Ignition Point Technologies' current expectations in the broadband
communications market. Investors are cautioned that all forward-looking
statements involve risks and uncertainties, including, without limitation,
changes in market and competition, technological developments and potential
downturns in economic conditions generally. Additional information on these
and other potential factors that could affect the company's financial results
are detailed in documents filed from time to time with the British Columbia
Securities Commission.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this news release.

For further information:

For further information: Stephen Majlath, Chief Financial Officer,
Ignition Point Technologies Corp., Phone: (604) 633-9090

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