Neil McDonnell Named CEO of Ignition Point Technologies Corp

Brings 25 Years of Experience to the Fibre Optic Company

Mr. Michael Cytrynbaum, Chairman of the Board of Directors of IgnitionPoint Technologies said: "We are pleased to have Mr. McDonnell join ourcompany and strengthen our management team. His leadership skills and seniormanagement experience will help drive our company through a very excitinggrowth period."

Mr. McDonnell stated: "I am excited to join Ignition Point and work withthe Board of Directors and the management team. With the growth in Fibre opticcommunications, cable companies, carriers, and municipalities are looking tothe TeraSpan's Vertical Inlaid Fibre solutions to drastically reduce theircost of deployment."

Mrs. Lisa Payne, President of TeraSpan Networks stated: "We are veryexcited to bring Mr. McDonnell on board as it is important to add a seasonedCEO to the team to help strengthen our position in an industry set toexperience exponential growth."

Although today's communication infrastructures vary tremendously in termsof transport mediums and technology, fiber still remains the solution ofchoice for delivering reliable, always-on, high-speed broadband service tobusiness and residential customers in metropolitan, suburban and urban areasaround the world. TeraSpan sells proprietary Fibre optic products to enableinfrastructure suppliers to increase revenues more quickly and costeffectively than their competitors. Unlike cost prohibitive traditionaltrenching methods, TeraSpan's carrier class solution is less disruptive, andreduces the costs of deployment but as much as 66% over conventional trenchingsolutions.

About Ignition Point

Ignition Point Technologies Corp. (TSX-VEN:IPN), a Vancouver-basedbroadband technology company, provides unique access and applicationssolutions to wired service providers. Ignition Point's subsidiary is TeraSpanNetworks Inc. . For more information, visit.

TeraSpan Networks

TeraSpan Networks has developed and commercialized an innovative methodof deploying fibre optic networks. TeraSpan's innovative Vertical Inlaid Fiber(VIF) system changes the way fibre is deployed for carrier class applications,reducing costs, maximizing versatility, and minimizing environmental impact.TeraSpan provides a complete deployment solution that is fully scalable tomeet present and future network requirements, reducing the costs and time fordeployment over conventional trenching solutions.

This release may contain certain forward-looking statements reflectingIgnition Point Technologies' current expectations in the broadbandcommunications market. Investors are cautioned that all forward-lookingstatements involve risks and uncertainties, including, without limitation,changes in market and competition, technological developments and potentialdownturns in economic conditions generally. Additional information on theseand other potential factors that could affect the company's financial resultsare detailed in documents filed from time to time with the British ColumbiaSecurities Commission.

    The TSX Venture Exchange does not accept responsibility for the adequacy    or accuracy of this news release.

For further information

Stephen Majlath, Chief Financial Officer,Ignition Point Technologies Corp., Phone: (604) 633-9090