Phinder completes sale of web presence business

    OTC BB symbol (PHDT)

    MIAMI, April 2 /CNW/ - Phinder Technologies Inc. is pleased to announce
that it has completed the sale of a portion of its' web presence business to a
non related third party. Management has made the decision to sell the web
presence business in order to focus on its' core business of a facilities
based wholesaler of international voice traffic within the carrier to carrier
    This is a share transaction comprised of a non related company purchasing
all the outstanding stock of Axcess Internet Solutions, Inc., a subsidiary of
Phinder Technologies Inc.
    The purchase price consists of an initial payment of just under $1
million. In addition to this payment Phinder will receive settlement payments
on revenues generated from an even larger section of the data base on a shared
revenue bases with yet another party (60% for Phinder and 40% for the other
party). These revenues will continue for as long as any active customers
    "I am very pleased to have completed this transaction in such a short
time frame as it will now give the company additional resources to focus on
its' core business," stated John Alexander van Arem, CEO of Phinder
Technologies Inc. "Although we will experience a decrease in revenues for the
4th quarter of 2007 (ending March 31st 2007) as a result of this transaction,
it will allow the company to fast track its' business model in the wholesale
carrier to carrier marketplace."

    Phinder Technologies' core business runs through its wholly owned
subsidiary, Zupintra Communications Inc. Zupintra is a facilities based
wholesaler of international voice traffic within the carrier to carrier
network. As a wholesale VoIP provider, Zupintra Communications Inc. signs both
origination and termination contracts with next generation carriers and
profits from negotiated rates.


    In compliance with the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995, PHDT notes that statements contained in this
announcement that are not historical facts may be forward - looking statements
that are subject to a variety of risks and uncertainties. Accordingly, PHDT
wishes to caution readers of this announcement that its future actual results
may differ materially from those that any forward - looking statements may
imply. There is no assurance the above - described events will be completed.
There can be no assurance of the ability of the company to achieve sales
goals, obtain contracts or financing, consummate acquisitions or achieve
profitability in the future. The above and additional factors are discussed in
detail in the company's filings with the U.S. Securities and Exchange
Commission. These may be viewed at and many other Web sites
without charge.

For further information:

For further information: For Investor Relations contact: David Putnam,
Email:, (416) 815-1771 ext.227,

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