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News for 'IMTD' - (ImagiTrend, Inc. Enters Negotiations to Acquire
Online Gaming Company)


LONGWOOD, Fla., Apr 16, 2008 (PrimeNewswire via COMTEX) -- ImagiTrend,
Inc.
(Pink Sheets:IMTD) is pleased to announce that the Company has entered
negotiations to acquire Castle Technologies, Inc., an online gaming
company.
This will enable the Company to expand its revenue base and enhance
growth
opportunities to increase shareholder value. The acquisition will enter
the
Company into the growing online gaming industry, which is estimated to
hit $48
billion by 2010 and top $125 billion by 2015.

Castle Technologies has unique gaming software that provides all the
features
and security levels to compete with the competition in the gaming
industry, and
differentiate itself with its ability to pay progressive payouts on
played poker
hands -- a first in the industry. The company has positioned itself to
carve out
a significant segment of the online gaming market and license its
software to
offshore corporations that have the legal means to conduct online
gambling
activities.

"We have explored a number of companies in the online gaming industry
and feel
that Castle Technologies is a great fit with our criteria. This
acquisition has
the potential of introducing the Company to the billion dollar online
gaming
market and the Company will eventually change its name and symbol to
more
accurately reflect the acquisition," stated Mark Kaley, Chairman of the
Board,
President and CEO of ImagiTrend, Inc.

Safe Harbor: Statements regarding financial matters in this press
release other
than historical facts are "forward-looking statements" within the
meaning of
section 27A of the Securities Act of 1933, Section 21E of the Securities
Exchange Act of 1934, and as that term is defined in the Private
Securities
Litigation Reform Act of 1995. The company intends that such statements
about
the Company's future expectations, including future revenues and
earnings,
technology efficacy and all other forward-looking statements be subject
to the
safe harbors created thereby. The Company is a development stage company
who
continues to be dependent upon outside capital to sustain its existence.
Since
these statements (future operational results and sales) involve risks
and
uncertainties and are subject to change at any time, the Company's
actual
results may differ materially from expected results.

The ImagiTrend, Inc. logo is available at
http://www.primenewswire.com/newsroom/prs/?pkgid=4088

This news release was distributed by PrimeNewswire,
www.primenewswire.com

SOURCE: ImagiTrend, Inc.


By Staff

CONTACT: ImagiTrend, Inc. Investor Relations
1-866-THE-APPL(E) www.imagitrendinc.com




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