Mr. Chris Hogg reports

MINT TECHNOLOGY ANNOUNCES NEW ROLES FOR MANAGEMENT TEAM

Mint Technology Corp. has appointed the following new roles for the current management team. Chris Hogg, previously president and chief executive officer of MTC, has been appointed executive chairman. Nabil Bader, previously CEO of Mint Middle East LLC (MME), has been appointed group CEO. Terry Walter, previously chief financial officer of MME, has been appointed group CFO and company secretary.

Mr. Walter replaces Andrew Martinez, who was CFO of the company since Dec. 31, 2009, and will continue with the company for an interim period to facilitate a smooth transition of responsibilities. Mint would like to thank Mr. Martinez for the great job he has done over the last 18 months.

The new roles reflect the company's expanding business interests internationally and the strong Middle East focus, the current and future plans for the direction of the company, as well as the dedication and hard work the management team has given to the company to date.

Michael Pesner, one the company's directors, said, "We are excited about the new appointments and have full confidence that Mr. Hogg, Mr. Bader and Mr. Walter will take the company to the next level."