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Phantom(R) Entertainment Provides Operations Update
Jan 02, 2008 (08:01 AM EST)


PORT CHESTER, N.Y., Jan. 2 /PRNewswire-FirstCall/ -- Phantom(R) Entertainment, Inc. today provided an operations update.

The Company will display its Phantom Wireless Lapboard and Laser Mouse at the 2008 Consumer Electronic Show (CES), with Ione Technologies at Exhibiting Booth: Sands 73240, Jan. 7-10, 2008, in Las Vegas. The show is expected to draw more 140,000 industry professionals, including from 2,700 exhibitors. CES is the world's largest tradeshow for consumer technology.

The Company is continuing to work with Linley Management S.A. to meet financing requirements to fund manufacturing and marketing of the Phantom(R) Wireless Lapboard and Phantom(R) Wireless Laser Mouse.

The Company is working closely with its contract manufacturer, Ione Technologies Inc., to meet manufacturing production schedules for shipping Phantom Lapboards to Alienware for bundling with its PC Media Center.

The Company is continuing sales planning for Q-1 /08 for distribution of the Phantom Wireless Lapboard and Phantom Wireless Laser Mouse through Global Marketing Partners' distribution channel with Ingram Micro Inc., the world's largest technology distributor and a leading technology sales, marketing and logistics company.

The Company is continuing sales planning for Q-1/08 with Westex Europe NV to serve the E-Commerce, IT peripherals distribution, retail sales channels and (OEM) Original Equipment Manufacturers throughout the European territories.

About Phantom Entertainment

Phantom Entertainment has developed and is marketing the Phantom Lapboard, a combination wireless keyboard, laser mouse and hard surface. For more information, please visit http://www.phantom.net .

About Ione Technologies

Founded in 1984, as a professional manufacturer of computer input devices, Ione Technology Inc. distributes products such as keyboards, mice, trackballs and webcam devices under its own brand (Ione) and provides OEM/ODM services to world leading designers, manufacturers and retailers.

PR contact phantompr@comcast.net

Safe Harbor Statement

The Private Securities Litigation Reform Act of 1995 provides a "Safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.

CONTACT: PR contact for Phantom Entertainment, Inc., phantompr@comcast.net

Web site: http://www.phantom.net/