Mint Announces First Quarter Results TORONTO, February 7, 2008

Mint Technology Corp. (TSX-V: MIT) announced its financial results for the quarter ended November 30, 2007.

Highlights of the annual results:

• Revenue from continuing operations was $190,035 for the quarter ended November 30, 2007, down from $259,697 for the quarter ended November 30, 2006. (-27%)

• Net loss from continuing operations was $1,075,486 for the quarter ended November 30, 2007, down from $1,425,464 for the quarter ended November 30, 2006. (-25%)

• Cash and short term deposits totaled $322,305 for the quarter ended November 30, 2007, down from $1,084,921 for the quarter ended November 30, 2006 (-70%)

Additional information on Mint's quarterly and fiscal financial results will be available in the financial reports filed by the Company with SEDAR at www.sedar.com and posted to Mint's website (www.mint-technology.ca).

Forward-Looking Statements
This discussion includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect Mint's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Mint assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.

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