Timothy M. Roberts Resigns as Chairman and Director of Phantom Entertainment, Inc.

    PORT CHESTER, N.Y., July 9 /PRNewswire-FirstCall/ -- Phantom(R)
 Entertainment, Inc. (Pink Sheets:   PHEI) announced today that the Company
 has accepted the resignation of Timothy M. Roberts from the Company's Board
 of Directors. Roberts had served as Chairman of the Board of Directors
 since the Company became public in 2004 and served as CEO of its
 predecessor, Infinium Labs, Inc.
     Roberts submitted his resignation to pursue new business opportunities.
 His entrepreneurial experience includes founder roles in Savvis
 Communications, Intira and Infinium Labs.
     "I have an exciting new opportunity that requires my full attention so
 it's time to move on," Roberts explained. "The timing is right since I have
 complete confidence in the future of the Company with the manufacturing,
 marketing, sales and distribution of the Phantom Wireless Lapboard and
 Wireless Laser Mouse in U.S., Europe and Asian markets."
     "We are grateful for Tim's vision and his service in helping to guide
 the Company since its inception," noted Greg Koler, CEO and President of
 Phantom Entertainment, Inc. "We will miss Tim's counsel and insightful
 views on the direction of technology and we wish him well with his new
 endeavors. The company will be actively seeking new board members to assist
 us on the next phase of operations."
     About Phantom Entertainment
     Phantom Entertainment is a global entertainment and interactive game
 company. Phantom Entertainment has developed and is marketing the
 Phantom(R) Wireless Lapboard, a combination wireless keyboard, laser mouse
 and hard surface that enables users to work or play games from any
 comfortable setting. For more information, please visit
 http://www.phantom.net.
     PR contact:
     pr@phantom.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.
 
 

SOURCE Phantom Entertainment, Inc.

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