"This agreement sets the stage for explosive growth in internet security, internet security software and Child Safety Security Cards in 2008. American Capitals acquisition moves our firm forward to invest the necessary capital to execute this agreement and move IPOWER'S business ahead in internet security and child internet security software,” says Frank Speight, Chairman of American Capital Partners Limited.

“This relationship has the potential to be extremely powerful and exposes IPOWERS PREPAID CARDS for internet security to National Drug, Electronic, Video and Gamer Chains across America,” stated Anthony Ranallo, President of IPower Applications and creator of the Home POW WOW brands.

About IPower Applications:

IPower Applications, Inc. (www.doyoupowwow.com) is the leading provider of integrated on-demand portal based applications for home, office and school security. IPower Applications' adaptable configuration provides users with delivery options applying secure on-demand services or on-premise service applications; both to meet individual and corporate users' design needs. The IPower POWWOW(TM) Suite is a place on the web where families and friends can safely gather online. Also, the POWWOW Suite offers chat room monitoring, destination monitoring, social network monitoring and alert notifications sent in “real time” for identifying inappropriate content or potential sexual predator activity. You can be notified IMMEDIATELY via cell phone or email.

Safe Harbor:

Certain statements contained in the press release are “forward-looking statements” within the meaning of applicable federal securities laws, including, without limitation, anything relating or referring to future financial results and plans for future business development activities and thus prospective. Forward-looking statements are inherently subject to risks and uncertainties, include, without limitation, the risks and uncertainties some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by the company with the Securities and Exchange Commission. Although the company believes the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements contained herein. The company undertakes no obligation to publicly release statements made to reflect events or circumstances after the date hereof.