Ignition Point Technologies Corp.

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Ignition Point Completes $2 Million Debt Financing

Further to its news release of January 29, 2007, Ignition Point Technologies Corp., a Vancouver-based broadband communications company, announces that it has closed a non-brokered unit financing for gross proceeds of $2 million, which will be used for the general corporate purposes of Ignition Point and its subsidiary, TeraSpan Networks Inc.

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