Pivotal Self-Service Technologies Shareholders Ratify Phantom Fiber Acquisition

Press Release
June 28, 2004

TORONTO, ONTARIO--(CCNMatthews - Jun 28, 2004) - On June 28, 2004, Pivotal Self-Service Technologies Inc. (OTCBB:PVSS) held its Annual Meeting of Shareholders.

At the meeting, the shareholders ratified the acquisition of Phantom Fiber Corporation, including the election of Jeffrey Halloran, Gordon Fowler, Graham Simmonds and Stephen Gesner as directors of the Company at closing of the acquisition, which is expected to occur on July 2, 2004. The Company will change its name from Pivotal Self-Service Technologies Inc. to Phantom Fiber Corporation. In addition, the shareholders approved certain amendments to its stock option plan, an increase in the number of common shares the Company is authorized to issue and the shareholders ratified the appointment of Mintz & Partners LLP as independent auditors for the Company.