3P Networks Inc. Bids to Acquire Broadcasting Networks Niche South East Asian strategy targets

PRLog (Press Release) – Dec 05, 2007 – NEW YORK, NY, --- 3P Networks Inc ( http://www.3pnetworksinc.com ). (US OTC:TPNW.PK)  (“the Company”) has made a bid to acquire a leading telecommunications provider in Cambodia and is positioning itself to tender for two additional cable and broadcasting networks in neighboring Laos and Vietnam.  The Company’s strategy is to rapidly build shareholder value via credible cash flows from an established and expanding subscriber base and to invest in areas where valuations are considerably below standard industry benchmarks employed in the developed capital markets.

After a number of false starts, the telecommunications industry in countries like Cambodia, Laos and Vietnam is begging to be revamped, even consolidated. The Company’s research convincingly shows that mergers within the region will result in the usual economies of scale and the widening of usual industry profit margins. Therefore, the dual focus: bidding for lucrative concessions on one hand and growth through mergers and acquisitions on the other. The Company has standby acquisition facilities of US$12 million to support its strategy; additional financing sources will be accessed if required in the forthcoming months.

Given that the Company is essentially committed to the business of aggregating subscribers, the Company has continued to seek takeover targets in the heavily undervalued regions of the developing world, as long as it can ensure quality management at the local level. The Company’s strategy in Cambodia incorporates a joint venture with a boutique investment banking firm in Phnom Penh—Diversified International Projects. The Company’s strategy will be significantly substantiated by drawing on specialists in both telecommunications and takeover methodologies; to this end, a revised Board of Directors will be announced shortly.

The Company’s commitment to value arbitrage (http://www.undervaluedsituations.com/untitled3.html) will be further enhanced by the use of unique insurance techniques in order to offset the political risks involved emerging market investments.

About 3P Networks: TPNW

Over the last three years, 3P Networks Inc ( http://www.3pnetworksinc.com ). has been focusing on developing technologies which assist in the “custom bundling” of multiple products, like HD-TV, fixed and wireless VoIP and broadband connectivity, in a common platform. The Company has already begun marketing its technology in North America, and will employ such technology to restructure and enhance the cable-broadcasting assets acquired. The Company’s management realizes that aggregating subscribers is the name of the telecommunications game; the growth-oriented markets of the niche South East Asian region (in and around Cambodia) offer a unique window of opportunity. For more information please access the company’s website at (www.3pnetworksinc.com).

About Diversified International Projects

Diversified International Projects Co. Ltd. (D.I.P.) is a limited liability company, incorporated under the laws of the Kingdom of Cambodia and Dominica. DIP was created to promote financial enterprises and represent financial institutions and investors in the Asia region.  In addition, it was established as a conduit to represent its principals’ own investment funds as well as those of outside investors with an interest in investment opportunities in the region.

D.I.P. also serves as a new-to-market entry consultancy that assists foreign companies in identifying and qualifying investment opportunities, seeking joint venture partners and retaining legal and auditing services. Over the past 20 years, D.I.P. principals have been involved in a number of significant transactions, particularly related to investment and property development activity, and are well positioned to represent financial enterprises as well as develop, implement and market financial-related services to markets in the fast expanding Asian region.

Company Contact

Grant B Miller                          
Investor Relations Manager                                          
1-707-291-8343
www.3pnetworksinc.com

For Europe contact:
Adriana Moretti at +39-392-3733710 email at: info@quoteplatform-italy.net.

For Asia (including India) contact:

Anamika Pandey at info@quoteplatform.com.

This document contains certain forward-looking statements. Such forward-looking statements, by their very nature, involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of 3P Networks Inc ( http://www.3pnetworksinc.com ). ("the Company"), or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Those trading in shares of the Company should access independent and qualified investment advice, particularly where claims made in forward-looking statements deserve expert attention. Any valuation of the Company’s shares currently depends upon the success the Company will achieve in its merger and acquisition strategy in and around Cambodia, in South East Asia, and upon the overall growth of that region. Such a valuation is also conditioned by the nature and quantum of financing available from time to time.