Vancouver, BC - February 20, 2007 - Further to its news releases dated February 2nd and February 5th, 2007, Even Technologies Inc. (the "Company", TSX-V: ETI) announces that it has received TSX Venture Exchange approval of a secured convertible debenture in the aggregate amount of US$694,000 and a separate secured convertible debenture in the aggregate amount of US$2 million. As collateral for the debentures, the Company has granted to the lenders a general security interest over all its present and after-acquired property. Interest pursuant to the debentures is payable at a rate of 12% per annum, calculated semi-annually and payable in arrears on June 30th and December 31st of each year. The debentures mature on December 31, 2008. The US$694,000 debenture is convertible, at the lender's option, into common shares of the Company at a price per share of US $0.40 and a commission of 8% of the gross funds advanced to the Company under this debenture was paid to an arm'' length party. The US$2 million debenture is convertible, at the lender's option, into common shares of the Company at a price per share of CAD $0.40 and a commission of 5% of the gross funds advanced to the Company under this debenture was paid to an arms' length party.

Proceeds from the convertible debentures will be used for marketing, customer support, inventory and general corporate purposes.

Any content, anywhere, anytime.
For more information, visit www.eventechnologiesinc.com.

On Behalf of the Board of Directors:

(signed) "Nick Ringma"

Nick Ringma
President
604 689 1858

About Even Technologies Inc.

Even Technologies is a Vancouver, Canada based company, specializing in advanced solutions for profitable IPTV delivery. Even's PSI™ Smart Compression allows service providers to deliver standard definition video at only 750kbps and high definition video at less than 3Mbps. Built into a complete system including real time encoders, middleware and upgradeable set-top boxes, the PSI™ technology provides the telecommunications sector with a new alternative for delivering interactive digital television. The Company has also implemented the PSI™ technology into a range of applications for medical imaging, security identification photos and media streaming to the PC and mobile environment. For more information, please visit www.eventechnologiesinc.com.

Copyright © 2007 Even Technologies Inc.™, EVEN™, PSI™, dme™ and other marks, names, logos and icons identifying Even Technologies Inc. and Even Technologies"™ products and services referenced herein are trademarks or registered trademarks of Even Technologies Inc. All other company, product and/or brand names or marks are the trademarks of their respective owners.

Certain statements contained in this document, including statements regarding events and financial trends that may affect our future operating results, financial position and cash flows, may constitute forward-looking statements within the meaning of the federal securities laws. These statements are based on our assumptions and estimates and are subject to risk and uncertainties. You can identify these forward-looking statements by the use of words like "strategy", "expects", "plans", "believes", "will", "estimates", "intends", "projects", "goals", "targets", and other words of similar meaning. You can also identify them by the fact that they do not relate strictly to historical or current facts. We wish to caution you that such statements contained are just predictions or opinions and that actual events or results may differ materially. The forward-looking statements contained in this business plan are made as of the date hereof and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ materially from those projected in the forward-looking statements. Where applicable, we claim the protection of the safe harbor for forward-looking statements provided by the (United States) Private Securities Litigation Reform Act of 1995.