Robert Elensky and Dean Thrasher respond to Mint Technology Corp. claim

    TORONTO, Feb. 25 /CNW/ - On February 22, 2008, Mr. Robert Elensky
delivered his statement of defence in respect of the claim commenced against
him and others on January 18, 2008 in the Ontario Superior Court by Mint
Technology Corp., Mint Inc. and Mint Commerce Inc. Mr. Dean Thrasher expects
to deliver his statement of defence later this week. Messrs. Elensky and
Thrasher categorically deny the frivolous and groundless allegations made
against them by the Mint companies. They intend to move for summary judgment
dismissing the claims, as soon as possible. Messrs. Elensky and Thrasher have
informed Mint Technology that they specifically reserve their right, upon due
consideration of the damage done to them by Mint Technology's inappropriate
and irresponsible press release announcing the lawsuit, to commence
proceedings against Mint Technology and certain of its officers claiming
substantial damages for defamation.

For further information:

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

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