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VIRGIN TECHNOLOGIES COMPLETES PURCHASE OF CETEC COMMUNICATIONS

EDMONTON, AB AND CALGARY, AB - FEBRUARY 14, 2008: Edmonton-based satellite telecommunications company, Virgin Technologies Inc, today announced that it has now completed its acquisition of Calgary-based Cetec Communications Inc..

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Virgin Technologies was founded in 2000 and is based in Edmonton, Alberta.  Virgin Technologies markets its solutions in Canada, the United States and Internationally.  The company is a private equity firm.

Cetec Communications was established in 2000 and is based in Calgary, Alberta.  Cetec specializes in delivering mission-critical telecommunications solutions to the oil & gas well-site completions sector.

Further Information:

Robert Smibert
President & CEO
Virgin Technologies Inc.
(780) 469-4470 ext.223

Tom Harmon
Chief Financial Officer
Virgin Technologies Inc.
(780) 469-4470 ext.229

Issued by:

Jodie Tessier
Virgin Technologies Inc.
(780) 469-4470 ext.226
jodie@virgintechnologies.com