For Immediate Release

Mint’s Annual Financial Statements Delayed

Toronto, Canada, December 28, 2007 - Mint Technology Corp. (TSX-V: MIT) ("Mint" or the "Company"), announces that it will be late in filing its annual consolidated financial statements for its fiscal year-end of August 31, 2007. The year-end financial statements are required to be filed no later than December 29, 2007. The late filing of the financial statements is due to uncertainty concerning the Company’s ability to raise additional capital to continue as a going concern.  Management is in discussions with potential investors but it is too early to determine the terms of any investment in the Company.  Based on the work completed to-date, management anticipates that the annual consolidated financial statements will be filed by January 31, 2008.

As a result of this delay in filing, Mint has requested the Ontario Securities Commission and other Canadian securities regulatory authorities to issue a temporary order that prohibits directors, officers and other insiders of the Company from trading in securities of Mint until the 2007 annual consolidated financial statements are filed. The issuance of such cease trade order would generally not affect the ability of persons who are not directors, officers or other insiders to trade Mint shares. The Company intends to provide information in accordance with Ontario Securities Commission Policy 57-603 and CSA Staff Notice 57-301 with respect to further developments in respect of this matter promptly following their occurrence, including the issuance of bi-weekly status update reports as long as the 2007 annual consolidated financial statements are not filed. In the event that the 2007 annual consolidated financial statements are not filed by February 29, 2008 or bi-weekly status update reports are not filed on a timely basis, the Canadian securities regulatory authorities may impose an issuer cease trade order on the outstanding shares of Mint.  The issuance of an issuer cease trade order would prevent trading in Mint shares generally.  Mint is not subject to any insolvency proceedings.

This news release contains "forward-looking statements" within the meaning of applicable securities laws. These statements concern anticipated future events, results, circumstances, performance or expectations that are not historical facts. These statements are not guarantees of future performance and are subject to numerous risks and uncertainties that can affect our actual results and could cause our actual results to differ materially from those expressed or implied in any forward-looking statement made by us or on our behalf. These statements are made as of the date of this news release and, except as required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

The TSX venture exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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For more information please contact:
Mike Forzley, CA
Chief Financial Officer
Mint Technology Corp.
Tel: 416.581.0001 x243
Fax: 416.581.1527
mforzley@mintinc.com