TEAM F/A

[aries4747]

PHFB:Now has 49 live revenue-producing clients.

Total keeps climbing with the addition of the eight today.
http://www.phantomfiber.com/clients.php

It's going to take eye-popping revenues to move the pps, but that day isn't far away, IMO.

Phantom Fiber Upgrades WWTS' Mobile Platform and Eight New Gaming Operators Go Mobile

Tuesday , September 26, 2006 08:30 ET


TORONTO, ONTARIO -- (MARKET WIRE) -- 09/26/06 -- Phantom Fiber Corporation (OTCBB: PHFB), a wireless transaction enablement company specializing in the gaming and entertainment sector has upgraded World Wide Tele-Sports (Bet WWTS), a recognized leading betting service in the offshore gaming industry for over a decade, to its Advanced Wireless Platform. This week Phantom Fiber also launched eight more gaming sites on the latest version of its advanced mobile platform.


"WWTS has been a valued client for over two years and this upgrade is a significant and exciting addition to their existing service. As a result of this upgrade, their customized software platform can do much more than just take wagers; players can sign-up, make secure deposits and withdrawals, and enjoy the convenience of our multi-currency and multi-lingual function, using their mobile devices. Our numerous product features and unprecedented performance levels have also brought eight new operators to our platform and they, too, will profit from these benefits," said Jeff Halloran, President and CEO of Phantom Fiber. "Worldwide mobile wagering's popularity and adoption is rapidly growing and it has helped to advance our successful business efforts."

Phantom Fiber's strategy for the 2006-2007 football season has shown consistent results over the last few weeks. In time for this season, Phantom Fiber recently launched 16 new gaming sites on their mobile platform. Along with the WWTS upgrade, the Company has also launched an additional eight new operators to its mobile platform.

WWTS initially went live with Phantom Fiber in 2003 and was the first to promote the wireless betting platform. The Phantom Fiber system provides a seamless, single-account integration between the Internet betting platform and wireless devices. The recent upgrade will allow WWTS' clients to register their account and also make their secure deposits or withdrawals with their wireless devices.

Lawrence Rabie, Marketing Director for WWTS stated, "We've been on the cutting edge of wireless wagering for a while now and we see the value in continuing this trend by upgrading to Phantom Fiber's Advanced Wireless Platform. Their software platform is unmatched in the industry. Upgrading our application has added new features that will improve our customers' betting experience while continuing to provide them with an additional betting outlet that enables them access to their accounts securely, anytime and anywhere."

The new list of clients includes: Advantage Wagering (www.advantagewagering.com), Bet Bet (www.betbet.com), Cyber Sportsbook (www.cybersportsbook.com), Oasis Casino (www.oasiscasino.com), Las Vegas Sports Betting (www.lasvegassportsbetting.com), Sportbook (www.sportbook.com), Wager On Sports (www.wageronsports.com) and Quicksilver (www.betqs.com).

About Phantom Fiber Corporation

Phantom Fiber Corporation (OTCBB: PHFB) is the leading developer of wireless platform software in the gaming and entertainment sector that enables its customers to deliver high-performance applications across global communications networks to mobile users. Their wireless platform extends the rich multimedia content and user experience of existing Internet web sites securely and instantly to over 1,000 mobile devices including cellular phones and PDA's. This platform is already deployed to most segments of the global gaming industry and can also be used by enterprises seeking to implement high performance mobile applications in such markets as: remote medical record access; banking and brokerage applications; and, and logistics and distribution environments.

About BetWWTS

WWTS (World Wide Tele-Sports) is the foremost offshore gaming company offering both Internet and telephone wagering to its worldwide customers. Fully licensed and regulated in St. John's, Antigua since 1995, WWTS offers a complete range of online casino games and more than 150 betting options daily through its portfolio of companies and managed services.

Forward-Looking Statements:

Some statements in this release are "forward-looking statements" as that term is defined in Sections 27A of the Securities Act of 1933 as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"), and are subject to certain risks and uncertainties, including, but not limited to, economic conditions, competition, changes in laws and the demand for the company's goods and services, which could significantly affect anticipated future results. Actual results may differ materially from any forward-looking statements.

--------------------------------------------------------------------------------Contacts:
Phantom Fiber Corporation
Jordan Silverstein
The Investor Relations Group
[phone]
[e-mail]

Phantom Fiber Corporation
Maria Marmolejo
Director of Marketing
+ 506 254-8007
[e-mail]

For additional information please contact:
Lawrence Rabie
Marketing Director
[e-mail]

Source: Phantom Fiber Corporation