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CPNE Jumps Up after Conference Call Announcement

Shares of Commerce Planet Inc. (OTCBB: CPNE) spiked up this morning after news about its upcoming conference call was released. In early trading, CPNE was up 13 cents (19 percent) to 81 cents per share on volume of around 1.1 million shares.

CPNE announced that it will be conducting a conference call to discuss plans for its next phase of growth within its existing consumer direct membership loyalty products and the expansion of its software development and proprietary technology platforms focused on intelligent media enhancement tools for B2B clientele.

The company intends to support the continued software development for the enhanced media technology platform through means of internal development and its merger and acquisition strategy.

The conference call is scheduled to begin at 3:30 p.m. CDT on September 4, 2007. The call will be broadcast live over the Internet hosted at the investor relations section of CPNE’s Web site. Participating in the call will be Michael Hill, CEO; Charlie Gugliuzza, president; and David Foucar, CFO.

CPNE is an Internet-based media company that offers online media products, lead generation services and direct marketing tools to its client partners. The company offers an Internet turnkey media solution through its network of wholly owned subsidiaries, which includes Consumer Loyalty Group LLC, Legacy Media LLC, OS Imaging LLC and Interaccurate LLC. In combination these services are designed to address the needs of client partners, including membership loyalty programs, direct response consumer marketing, affiliate list management, email deployment, live chat software-based services, direct phone sales and customer service, and printing services.

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