THIRD QUARTER RESULTS REPORT

Dolphin announce highlights of new Corporate Strategy, sets Targets and Milestones for expansion plan. Expects revenue to double in 2008.

Further highlights of the report include:
First Reselling Partner for Dolphin Express signed
Dolphin Express - new hardware based on PCI Express Demonstrated at US Conference
New VPs of Sales and Marketing Q3 Revenue at NOK 6.7 million

See full quarterly report attached at
www.newsweb.no

Analyst presentation will be held at 08:15 at Felix
Conference Centre this morning

For further information, please contact:

Tim Miller, CEO. Telephone: 001 508 7405 949
Alex Gundersen, CFO. Telephone: 0047 4147 4107

www.dolphinics.com