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Breaking News

Mint Technology Corp. Extends Closing of Private Placement Financing of up to $4.5 Million

16:15 EDT Wednesday, October 25, 2006

Not For Distribution To U.S. News Wire Services Or For Dissemination In The U.S.

FSC / Press Release

Mint technology corp. Extends closing of private placement financing of up to $4.5 million

Not for distribution to u.s. news wire services or for dissemination in the u.s.

Toronto, Ontario CANADA, October 25, 2006 /FSC/ - Mint Technology Corp. (MIT - TSX Venture), announced today that the closing date for its non-brokered Private Placement financing of up to $4.5 Million, previously announced on September 12, 2006, has been extended to one or more closings occurring no later than November 30, 2006.

-30-

For more information please contact:

Dean Thrasher
EVP Corporate Development
Mint Technology Corp.
Tel: 416.581.0001 ext. 241
Fax: 416.581.1527 (private)

About Mint Technology Corp.
Mint is a leading payment solutions company. Through 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.

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

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