Vancouver, BC - January 4, 2007 - Even Technologies Inc. ("Even" or the "Company" TSX-V: ETI) advises it has been delayed in filing its annual financial statements and annual Management Discussion & Analysis related thereto for the year ended August 31, 2006 by the required filing date under applicable Canadian securities laws, namely December 29, 2006. As a result of such delay, Even voluntarily requested, and on January 3, 2007 the British Columbia Securities Commission (the "BCSC") issued, a temporary order that prohibits, effective immediately, certain directors, officers and insiders of Even from directly or indirectly trading in securities of Even.

The delay in filing Even's annual financial statements is that, due to the nature of its business, as well as a complex inter-corporate structure which includes a subsidiary in Barbados, among others, the consolidated reporting requirements of the Company necessitated, in the view of the Board of Directors, the Company changing its auditor in order to access audit services with a larger international perspective. As such, the Company changed its external auditor in November 2006, subsequent to its year ended August 31, 2006. As a result of this change, there was insufficient time for the Company's successor auditor to complete not only audit procedures for the most recently completed financial year, but also to review historic audits.

Even anticipates that it will be able to file its annual financial statements on or before January 31, 2007. Pending the filing of its annual financial statements, Even intends to satisfy the provisions of Appendix B to the Canadian Securities Administrators' Staff Notice 57-301 with respect to filing Default Status Reports on a biweekly basis during the period of default. Pursuant to CSA Staff Notice 57-301, if Even does not file its annual financial statements by February 27, 2007, it will generally be subject to a cease trade order without further notice. The BCSC has the discretion to impose a cease trade order at any time if it believes such is warranted.

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.

On Behalf of the Board of Directors:

(signed) "Nick Ringma"

Nick Ringma
President

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.