• Phantom Fiber Partners With Interactive Gambling Platform, Orbis

December 6, 2005--TORONTO, ONTARIO--(CCNMatthews) - Phantom Fiber Corporation (OTCBB:PHFB), the leading developer of wireless platform software announced today a five-year license agreement with Orbis Technology, an NDS Company, the provider of the industry leading OpenBetTM interactive gambling platform. The business terms of the agreement are based on a revenue share model in which both parties will share in the revenue generated from mobile players. Jeff Halloran, President and CEO for Phantom Fiber stated, "We are extremely pleased to have partnered with such a reputable and recognized name in the sports wagering sector. We also feel that this is an ideal partnership as both companies share the same deep-rooted philosophy to offer operators and players access to a simple platform using a single account - which provides immense speed-to-market benefits and ease of use. With Phantom Fiber's global reach, players through Orbis technologies will have global access to their application. Phantom Fiber's continued penetration and dominance in all geographic markets aided Orbis' decision in partnering with us. As a result, Orbis clients can now take advantage of the only wireless platform solution which supports over 1000 mobile devices globally." Orbis Managing Director, David Loveday, commented, "We are happy to be partnering with Phantom Fiber. As a major wireless platform solution provider to leading brands in casino, sportsbook, racebook, poker and lottery, we now have a compelling opportunity to utilize their mobile expertise and mobile device reach to help our clients to target mobile gamblers globally regardless of the mobile device they currently own. With their advanced wireless platform solution, operators and customers never need to worry whether the latest mobile device is supported or not. The opportunity to work with them gives us a wide choice of mobile devices consistent with our philosophy to offer a robust solution under a single account, single platform approach."

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