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3P Networks Inc. Launches "Triple Play" Telecommunications Services for Multi-Family Dwellings

Posted on: Thursday, 21 September 2006, 12:00 CDT

3P Networks Inc. (the "Company") (PINK SHEETS: TPNW) an emerging global provider of integrated telecommunications services, announced today the launch of its primary platform, IPTV, Voice and Data (triple play telecommunications) services, for the multi-family dwelling (MDU), hotel, resort and health care markets.

3P Networks offers a unique value proposition by empowering property owners to administer and provide data and communication solutions to the residents and guests of their multi-dwelling buildings. 3P Networks solutions enable property owners, strata/home-owners' associations and developers to become the exclusive communications providers for their properties and share in the revenues from the services offered. Recent changes in regulatory environments, both in Canada and the United States (CTRC/FCC), have allowed this unique opportunity and 3P Networks expects to have both an early-mover and a competitive advantage.

3P Networks' multi-dwelling unit (MDU) approach ensures a highly cost-effective way to provide bundled telecommunication services to building tenants, primarily because subscribers can be added quickly and support costs are greatly reduced. MDUs house many subscribers in one location, which reduces the amount of equipment and number of lines required to connect them. Competitive pricing and revenue sharing fosters an environment for the granting of long-term contracts with a captured market of subscribers. The Company expects to offer bundled services that will include television, voice and internet access with a single point of billing, to be offered at rates below those of current incumbent Telco's and CableCo's. 3P Networks initially intends to offer this bundling to select property developers in defined markets (primarily in Western Canada and USA).

In conjunction with this launch, 3P Networks will issue 25,000,000 restricted shares to various founders of the 3P Networks business model who will transfer the intellectual property relating to IPTV and network deployment to the Company. The founders remain with the Company in both managerial and advisory capacities.

About 3P Networks

3P Networks www.3pnetworks.com is a complete end-to-end communications solutions provider offering services to multi-unit environments such as hotels, resorts, apartment buildings, condominiums, planned communities and healthcare suites where it is possible to acquire large clusters of subscribers in multi-year contracts on a cost effective basis. Our building-centric model is expected to achieve economies of scale within each property that will allow 3P Networks to offer many services per customer at an infrastructure cost and monthly price point that cannot be offered in other environments.

Certain statements in this document constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of 3P Networks Inc. ("the Company"), or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its plan of operations when needed; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.

 Contacts: 3P Networks Inc. Lindsay Malcolm Investor Relations Manager (604) 291-0749 lmalcolm@3Pnetworks.comwww.3Pnetworks.com

SOURCE: 3P Networks Inc.

Source: MARKET WIRE

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