Even Technologies Releases Software Video Encoders for Home Markets and Studio Markets

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Even Technologies Releases Software Video Encoders for Home Markets and Studio Markets Vancouver, British Columbia CANADA, June 19, 2008 /FSC/ - Even Technologies Inc. (ETI - TSX Venture), ("Even"), a leader in advanced video compression solutions, announces the release of the PSI_V(R) 100 Software Encoder. This software encoder features the latest advancements in Even Technologies' PSI(R) core compression. The PSI_V(R) Software Encoder enables high quality, low bitrate encoding for user generated content, video on demand applications and online video rentals and purchases. The PSI_V(R) Software Encoder is a video on demand encoder for personal and professional video applications. From user generated content on the home PC to professional video encoding at the studio level on Intel(R)Xeon(R) processors, the Even encoder provides higher visual quality while creating smaller file sizes resulting in lower bitrates for video delivery. This technology enables a 66% cost savings in file transfers over H.264 and an 800% improvement over MPEG-2. Enabling a range of new media revenue opportunities that were economically not viable before, the encoder facilitates profitable delivery of video on demand content, social networking video, gaming, file sharing, community events and advertising. With QuickTime Player, Windows Media Player, Flash Player and Carbon Coder integration, the encoder expands mass market opportunity. Designed for sharing content with the world, the software encoder allows home users to create broadcast quality video experiences on their laptops and distribute them over Internet connections. For commercial operators, the PSI_V(R) Software Encoder offers key competitive advantages by maximizing the high margin video services that can be delivered over any wireless, IP or satellite network.   For Even Technologies, this product represents entry into the $10 billion video on demand market with applications into a wide range of new media revenue opportunities including mobile video, personalized online channels, video on demand, user generated content and time shifted television.   The release is also the first opportunity for personal users to create content using Even Technologies' high performance PSI_V(R) video compression. With user generated content expected to reach 65 billion downloads by 2010, this represents mass market opportunity for Even Technologies. Any content, anywhere, anytime. On Behalf of the Board of Directors: (signed) "Nick Ringma" Nick Ringma President and CEO +1 (604) 689-1858 About Even Technologies Inc. Even Technologies is a Vancouver, Canada based company specializing in advanced solutions for profitable video delivery. Even Technologies  product portfolio includes hardware and software encoders, PC and cell phone decoders and set top boxes which enable multiplatform broadcast and on demand video services over existing wireless, satellite and IP networks. The PSI(R) Smart Compression technology enables real time high definition broadcast at below 3 Mbps and standard definition video below 750kbps. Even Technologies' PSI(R) Smart Compression enables the delivery of high definition for streaming and IPTV applications. The PSI(R) technology provides a better solution for delivering interactive digital television, on demand services and online video clips.  For more information, please visit www.EvenTechnologies.com.   Copyright (C) 2008 Even Technologies Inc.(TM), EVEN(TM), PSI(R), dme(TM) and other marks, names, logos and icons identifying Even Technologies Inc. and Even Technologies' products and services referenced herein are trademarks or registered trademarks of Even Technologies Inc. All other company, product and/or brand names or marks are the trademarks of their respective owners. Certain statements contained in this document, including statements regarding events and financial trends that may affect our future operating results, financial position and cash flows, may constitute forward-looking statements within the meaning of the federal securities laws. These statements are based on our assumptions and estimates and are subject to risk and uncertainties. You can identify these forward-looking statements by the use of words like "strategy," "expects," "plans," "believes," "will," "estimates," "intends," "projects," "goals," "targets," and other words of similar meaning. You can also identify them by the fact that they do not relate strictly to historical or current facts. We wish to caution you that such statements contained are just predictions or opinions and that actual events or results may differ materially. The forward-looking statements contained in this news release are made as of the date hereof and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ materially from those projected in the forward-looking statements. Where applicable, we claim the protection of the safe harbor for forward-looking statements provided by the (United States) Private Securities Litigation Reform Act of 1995. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Corporate Info: Even Technologies Inc. #490 - 601 West Cordova Street Vancouver, B.C. V6B 1G1 t: +1 (604) 689-1858 f: +1 (604) 689-1758 Press Contact: Leslie Sims [email protected] t: +1 (604) 689-1858 Source: Even Technologies Inc. (ETI - TSX-V) Maximum News Dissemination by Filing Services Canada Inc. Ph: (403) 717-3898  Fx: (403) 717-3896    www.usetdas.com

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