Joint ventures in different countries, hmm, sounds familiar. On the Frankfurt exchange also.

Zupintra Corporation Inc - OTC BB symbol (ZUPC)

The board of directors of Zupintra Corporation, Inc. announced today that after a careful review of the current status of the Company, the Board has unanimously determined that the Company is at a critical path whereby a new approach and immediate funding are necessary to move forward. As a result, the President, Chairman and CEO, John van Arem has decided to step down. The Board has accepted his resignation which will take effect upon the acceptance of a new President and CEO. The Board will actively pursue Mr. van Arem's replacement.

"The Board would like to thank John for his service to the Company and its shareholders and wishes him the best in his future endeavors." stated Wayne Doss, Director of Zupintra Corporation, Inc.

The Board has also agreed to terminate the Zupintra Panama, S.A joint venture that was entered into in June 2007 with Italba Corporation. This decision was taken after reviewing results and immediate prospects of Zupintra Panama. A similar decision was made in October 2007 with regards to the Zupintra Ghana, Inc. joint venture with Network Technologies International, Inc., as previously announced in the Company's Form 8K, released on October 10, 2007.

The Company further announced today that they are working on the funding to assist the corporation in realizing its profitable objectives in the Telecom industry.

Zupintra Corporation, Inc's core business runs through its wholly owned subsidiary, Zupintra Communications, Inc. Zupintra is a facilities based wholesaler of international voice traffic within the carrier to carrier network. As a wholesale VoIP provider, Zupintra Communications Inc. signs both origination and termination contracts with next generation carriers and profits from negotiated rates.

FRANKFURT - WKN No.: A0DQU5