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  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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Related links:
  • http://www.phantom.net
    CONTACT:
    Jim Roberts for Phantom Entertainment, Inc.,
    +1-314-409-7900, pr@phantom.net

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