DIL Digifonica International Inc.

NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OR TO UNITED STATES
NEWS WIRE SERVICES


Digifonica International Inc. (TSX VENTURE:DIL) ("Digifonica" or the "Company")
announces that due to recent market conditions, and subject to approval of the
TSX Venture Exchange, it will re-price its previously announced CDN$1.5m
non-brokered private placement from CDN$2.00 per Unit to CDN$1.30 per Unit.
Under the revised terms of the non-brokered private placement, the Company will
issue up to 1,153,846 Units at a price of CDN$1.30 per Unit. Each Unit consists
of one common share (a "Common Share") of the Company and one-half of one
non-transferable common share purchase warrant (a "Warrant"), with each whole
Warrant entitling the holder thereof to acquire one Common Share at a price of
CDN$2.00 per Common Share for a period of 12 months from the date of issuance
and thereafter at a price of CDN$2.80 per Common Share until the date that is 24
months from the date of issuance. The Company expects to close the first tranche
of the private placement within the next five business days.


A finder's fee of up to 7% will be payable in the form of cash and/or Units in
connection with the offering. Digifonica intends to utilize the net proceeds of
the private placement to extend the Company's current network infrastructure to
meet increasing subscribers growth and for general working capital purposes.


ABOUT DIGIFONICA

Digifonica is a global technology solutions provider of advanced next generation
Internet telephony, IMS, SMS, Managed Content Delivery and Multimedia services
and solutions that enable partners to connect consumers with every major fixed,
VoIP, Mobile and Wireless carrier in the world. Digifonica's patented-pending
VoIP framework and technologies ensure the highest possible quality of service
(QoS) low cost international calling rates and ability to support short code
dialling such as 411, E911, 999 and 112 emergency services.


This news release contains forward-looking statements that involve risks and
uncertainties. Such forward-looking statements or information are based on a
number of assumptions that may prove to be incorrect. Although Digifonica
believes that the expectations reflected in such forward-looking statements are
reasonable, undue reliance should not be placed on such forward-looking
statements because Digifonica cannot give assurance that such expectations will
prove to be correct. Forward-looking statements or information are based on
current expectations, estimates and projections that involve a number of risks
and uncertainties, which could cause actual results to differ materially from
those anticipated by Digifonica and described in the forward-looking statements
or information. The forward-looking statements or information contained in this
news release are made as of the date hereof and Digifonica does not undertake
any obligation to update publicly or revise any forward-looking statements or
information, whether as a result of new information, future events or otherwise,
unless so required by applicable laws.


This press release shall not constitute an offer to sell or the solicitation of
an offer to buy the securities in any jurisdiction. The securities offered have
not and will not be registered under the United States Securities Act of 1933,
as amended, or any state securities laws and may not be offered or sold in the
United States absent registration or an applicable exemption from the
registration requirement.

Digifonica International Inc. (TSXV:DIL)
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