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MARKETEDGE

12/18/08 11:42 PM

#88 RE: Xplosivestocks #87

According to yesterday's news Valtech seems pretty confident in winning the bid for Slovakia -->

Valtech Inc. Bid for 400 Million dollar License in Slovakia
MONTREAL, Dec. 17 /PRNewswire-FirstCall/ - Valtech Inc., a wholly own subsidiary of HIPSO Multimedia Inc. (OTCBB: HPSO - News), is proud to announce that the license they are biding for could be worth 400 million dollar in revenue for Valtech Inc.

As announced on December 9Th, 2008, this bid is for a national DVBT license in Slovakia. Once awarded the license for the exclusive distribution of digital TV signal throughout the country of Slovakia, Valtech will implement and manage for 20 years the network. This could represent over 20 million dollar per year in revenue for Valtech Inc.

'Slovakia is geographically position to become the center of the joining countries to the European community . With so many countries wanting to join the Eropean community Valtech would be very well positioned to serve the new DVB-T countries since this technology it is part of the requirements to join the EU. The potential is huge for our company', said Mr. Arbic, CEO of Valtech Inc.

'We are very anxious to hear back from Slovakia. We are very confident that we will win this bid. Once we are awarded with the license, we will be among the strongest player in the DVBT space in Europe', Further added Mr. Arbic, CEO of Valtech Inc.

Valtech Inc. expects to announce other corporate developments and acquisitions in the near future.


About Valtech:


Valtech Communications Inc. provides next generation triple play services, including, VoIP, high-speed internet and television services to consumers and wholesale customers. www.valtech.ca.

SOURCE Hipso/Valtech Inc.