For Immediate Release

Mint Technology Corp. Extends Term of Share Purchase Warrants

 TORONTO, ONTARIO – October 18, 2007 Mint Technology Corp. (TSX: MIT-V) ("Company") announced today that it intends to extend for a period of twelve months the exercise period of 30,942,858 outstanding warrants, which are due to expire on October 31, 2007 (as to 10,811,072 warrants), and November 30, 2007 (as to 20,131,786 warrants). The affected warrants were issued pursuant to a private placement completed on October 31, 2006 and November 30, 2006.

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For more information please contact:

Dean Thrasher
Executive Vice President
Mint Technology Corp.
Tel: 416.581.0001 ext. 241
Fax: 416.581.1527

dthrasher@mintinc.com

About Mint Technology Corp. (“Mint”): Through its wholly owned subsidiaries, Mint is a leading payment solutions company. With its' payment platform and prepaid credit card programs, Mint is the first in Canada to facilitate and deploy prepaid credit cards with unique features such as co-branding and loyalty programs, and new wireless payment alternatives such as contactless functionality. The company is headquartered in Toronto, Ontario. www.mint-technology.ca

The TSX venture exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may include statements about future events and/or financial statements that are forward looking in nature, subject to risks and uncertainties