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Mint Signs Agreement With A Premier Youth Brand For A Prepaid Credit Card

08:30 EST Monday, October 30, 2006

FSC / Press Release

Mint Signs Agreement With A Premier Youth Brand For A Prepaid Credit Card

Toronto, Ontario CANADA, October 30, 2006 /FSC/ - Mint Technology Corp. (MIT - TSX Venture),

Mint Capital Corp., a subsidiary of Mint Technology Corp. (TSX-V: MIT), announced today that the Company has signed an agreement with a premier youth brand to provide a co-branded prepaid credit card.

The term of the agreement is for a minimum of three years. The card is targeted to be launched in 2007.

The agreement reaffirms Mint's strategy of aligning itself with well recognized brands to help penetrate key market segments for its portfolio of prepaid products.

-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 Capital Corp., a subsidiary of Mint Technology Corp., 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 mastercard(r) cards with unique features such as co-branding and loyalty programs, and new wireless payment alternatives such as; mastercard cards with paypass(tm) functionality. The parent company Mint Technology Corp. Is headquartered in Toronto, Ontario. To find out more about Mint Technology Corp. (TSX-V: MIT), visit our website at 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

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Ph: (403) 717-3898 Fx: (403) 717-3896 www.usetdas.com

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