Robert Elensky and Dean Thrasher - Mint Technology Corp. Claim Dismissed

    TORONTO, July 23 /CNW/ - Robert Elensky and Dean Thrasher are pleased to
announce that the lawsuit commenced in January 2008 by Mint against them,
among others, has been amicably resolved between the parties. Mr. Elensky and
Mr. Thrasher apologize for the suggestion in their press release dated
January 21, 2008 that the commencement of the action may have been vindictive
in nature. The action itself has been dismissed without costs. The balance of
the terms of the settlement are by agreement of the parties, confidential.

For further information:

For further information: Dean Thrasher, (905) 334-0413

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