Robert Neal Joins Ignition Point's Board of Directors

    VANCOUVER, Aug. 22 /CNW/ - Ignition Point Technologies Corp. (TSX:IPN) is
pleased to announce that Robert E. Neal has been appointed a director of
Ignition Point, bringing to the Board 24 years of experience in the telecom,
technology and internet sectors. Prior to his retirement in 2003, Mr. Neal
held numerous senior management positions, most recently as Senior Vice
President, with Aliant Inc. (formerly NBTel), the incumbent local, long
distance, wireless and internet service provider in Atlantic Canada that was
created by the merger of 4 Atlantic telephone companies, including NBTel, in
June 1999. Mr. Neal is currently a director of Voice Mobility Inc., Mobidia
Inc., Prestige Telecom and ResponseTek and a member of the Advisory Board of
BCE Capital. Previously he has been a member of the Advisory Boards,
respectively, of Genesys and Exigen, and a director of BCE Capital and iMagic
    Ignition Point also announces that it has granted stock options to two
directors to purchase an aggregate 200,000 common shares for a period of
10 years at a per share price of $0.26.

    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 subsidiaries include
TeraSpan Networks Inc. For more information, visit

    TeraSpan Networks

    TeraSpan has developed and commercialized an innovative method of
deploying fibre optic networks in the last mile. During the quarter TeraSpan
achieved a new sales record. Focused investments in sales, marketing, and
infrastructure to support future growth contributed to the quarterly loss.
These investments are necessary to fully capitalized on early signs of
increased market demand for network deployments in a competitive market. The
company's financial results for the quarter ending March 31, 2007 and all
comparable periods are stated in Canadian dollars and are prepared in
accordance with Canadian generally accepted accounting standards. Complete
financials are available at

    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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