• Phantom Fiber & Tribeca Tables Complete Deal

TORONTO October 3rd, 2005 – Phantom Fiber Corporation, the leading developer of wireless platform software announced today a five-year exclusive license agreement with Tribeca Tables Europe, Ltd, the leading provider of turnkey online poker software solutions. Tribeca Tables provides the technology behind the world's best online poker rooms. Managed by recognized poker entrepreneurs with extensive knowledge and experience in both bricks and mortar as well as online poker operations, Tribeca enables an exceptional online poker experience, featuring superior technology, state-of-the-art servers, and elegant graphics. In addition to online poker software development, our specialties include e-marketing (retention and acquisition), online communities, client/server technology, and of course, online poker solutions. Jeff Halloran, President and CEO for Phantom Fiber stated, “The agreement is symbolic because Phantom Fiber’s Advanced Wireless Platform was originally built around Poker to demonstrate the proven speed, graphics and stability of our wireless solution. The growth and momentum behind Poker cannot be understated. Tribeca’s strong management team, infrastructure and operations have proven to be a formidable force in the online poker world as a result of their critical mass of users, marketing and retention programs designed to create the necessary liquidity to keep players coming back. We are excited to be working with Tribeca Tables and look forward to deploying to their entire class of tier-1 brands in the very near future.” Steve Cook from Tribeca Tables commented, “We investigated various mobile solutions in the industry and due to Phantom Fiber’s reputation, they became our partner of choice. We have been impressed by Phantom Fiber’s proven advanced wireless platform and their extensive list of live operators including innovative new technologies incorporated into its overall solution. We also needed to ensure the speed and presentation for wireless play was state of the art within the gaming industry. We foresee rapid growth in 2006 for the mobile poker sector and expect to decisively execute on several key wireless poker brand launches early next year.” The Tribeca Tables Poker Network includes an impressive list of prestigious brands such as Victor Chandler, Blue Sq, BETonSPORTS, Paddy Power, G-Fed, Golden Palace, Doyle Brunson, as well as over 100 other brands. More info at www.TribecaTables.com. About Phantom Fiber Corporation: Phantom Fiber Corporation is the leading developer of wireless platform software that enables our customers to deliver high-performance applications across global communications networks to mobile users. Our wireless platform extends the rich multimedia content and user experience of existing Internet web sites securely and instantly to a wide array of wireless devices including PDAs and programmable cellphones. This platform is already deployed to most segments of the global gaming industry and can be used by enterprises seeking to implement high performance mobile applications in such markets as: remote medical record access by physicians; securities research and trading; and, remote monitoring and the management of logistics and distribution. Phantom Fiber's Advanced Wireless Platform supports over 1000 mobile devices worldwide and includes a host of new features of benefit to gaming operators serving a global audience. Contact: Tel: (416) 703-4007 Email: IR@phantomfiber.com Web: www.phantomfiber.com About Tribeca Tables Europe, Limited Tribeca Tables Europe, Limited are registered in the Channel Island of Alderney. They are the world’s first and largest independent network of ePoker brands and committed to providing innovative and reliable software solutions to clients exclusively in the arena of ePoker. Tribeca’s philosophy empowers brands and their customer relationships, establishing a true poker partnership. Significantly Tribeca offer unparalleled poker expertise and are not owner/operators unlike the majority of other poker networks, which they see as a conflict of interests. Their key strengths are liquidity, customer support, fraud management, high profile retention programs, real community environment and comprehensive poker room features.

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