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March 20, 2007

Zupintra Communications Inc. forms Joint Venture with Italba Corporation

MIAMI, FL, March 19 /PRNewswire-FirstCall/ -- Zupintra Communications Inc., a wholly owned subsidiary of Phinder Technologies Inc. OTC BB "PHDT", is pleased to announce it has formed a telecommunications joint venture corporation with Italba Corporation, to be based in Panama City, Panama. The joint venture will be known as Zupintra Panama, Inc. and will focus on developing next generation telecommunications opportunities in Latin America and the Caribbean, including VOIP, broadband wireless data, IPTV and WiMax.
"Latin America is one of the key frontiers in the advancement of next generation telecommunications networks." stated John Alexander (Lex) van Arem, CEO of Phinder Technologies Inc. "Italba has a unique and broad knowledge of the telecommunications industry in Latin America, this joint venture catapults Zupintra into an immediate leadership role in this rapidly growing area of the world."

"Zupintra is the first company to commit to the real advancement of telecommunications for the common man in Latin America." stated Gustavo Alberelli, CEO of Italba Corporation Inc. and new Managing Director of Zupintra Panama. "We are delighted to be associated with Italba, whose long standing dedication to Latin America is unparalleled in the industry." stated Christopher G. Hall, Chief Operating Officer of Zupintra Communications Inc.
Italba Corporation is a world class provider of telemedicine services in Latin America and the Caribbean and has been the leading provider of satellite broadband data services throughout Latin America for the last four years.
Phinder Technologies' core business runs through its wholly owned subsidiary, Zupintra Communications Inc. Zupintra is a facilities based retailer and wholesaler of international voice traffic within the carrier to carrier network. As a wholesale VoIP provider, Zupintra Communications Inc. holds both origination and termination contracts with PTT's and next generation carriers.


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