BB's Stock Haven

[niz]

WOWOWOW THPHF MARKET CAP $1M, NEWS OF $2.6M CONTRACT!

Thinkpath Secures Over US $2.6 Million New Contract Awards
Thinkpath Inc. (OTCBB: THPHF), a growing engineering services provider, announced today that it has secured over $2.6 million in new contract awards from both new and existing clients since April 1st , not including contract awards previously announced. Of these awards, approximately $1.2 million are for the provision of engineering design services and technical publishing and documentation and approximately $1.4 million are for the provision of on-site engineering support. The ramp-up for these projects has already been initiated with the necessary resources and infrastructure assembled. The services will continue to be delivered over the balance of 2006.

"These new contract awards demonstrate the effectiveness of the sales and marketing plan we rolled out in the later part of 2005 which included the addition of several sales professionals, lead-generation programs, the diversification of our client base and a focus on developing new anchor clients," says Robert Trick, President and Chief Operating Officer of the Company. "Thinkpath is emerging as a respected force in the engineering services market. We're well-positioned to continue meeting and exceeding our clients' expectations, while reaching out to gain even more new business and continue our growth."

ABOUT THINKPATH INC.

Thinkpath is a global provider of engineering solutions. The Company's engineering and design services cover every facet of the project from concept to SLA prototyping to complete turnkey packages that deliver a finished, operating system. Thinkpath engineers handle the drafting, detailing and parametric modeling. They work in diverse engineering disciplines including aeronautical, civil, electrical, environmental, mechanical and structural engineering. For further information about the Company, please visit www.thinkpath.com.

Forward-Looking Statement

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, any statement, express or implied, concerning future events or expectations is a forward-looking statement. Use of words such as "expect," "fully expect," "expected," "appears," "believe," "plan," "anticipate," "would," "goal," "potential," "potentially," "range," "pursuit," "run rate," "stronger," "preliminarily," etc., is intended to identify forward-looking statements that are subject to risks and uncertainties, including risks and uncertainties risks that registration statements might be delayed, as well as other risks and uncertainties set forth in our Annual Report on 10-KSB filed Monday, April 17, 2006, particularly those identified in Risk Factors Affecting Our Business. There can be no assurance that any expectation, express or implied, in a forward-looking statement will prove correct or that the contemplated event or result will occur as anticipated.



Source: Market Wire (July 18, 2006 - 6:30 AM EDT)