MPVC Inc. (TSX VENTURE:OCI) (the "Company") released its audited annual
statements today. The Company reported that its wholly-owned subsidiaries, One
Contact Inc. (US) and One Contact (Canada) Inc. ("OCI"), which are reflected in
its consolidated statements, reported record interim Canadian GAAP financial
results for the three month period ended December 31, 2007.


For the year ended December 31, 2007 the Company posted revenues of $6,745,850
and a net loss of ($1,386,022) , compared to $2,589,393 sales and a loss of
($1,359,219) for the year ended December 31, 2006. The per share loss for 2007
is ($0.11) compared to per share of ($0.13) reported for the year end December
31, 2006.


The Company also reported cash and short-term investments of $43,294, for the
year ended December 31, 2007. Accounts receivable, net of an allowance for
doubtful accounts, totaled $508,176 and other current assets, composed primarily
of prepaid items, were $67,831.


"Our 2007 year was more difficult than anticipated, however we are pleased with
the progress overall. MPVC is now an established player in the mid-market
business process outsourcing space with strong pricing and exceptional quality
across many industry verticals. Our strengths in telecommunications, energy,
financial Services and other areas are yielding profitable growth. The
significant one-time expenditures are behind us and our capabilities are
established and known to the market. We are planning the launch of several new
customers through 2008. We will continue to review acquisitions as the
opportunities present themselves and look forward to fulfilling our strong
organic pipeline as our primary source of growth." - commented Michael Hilmer,
CEO.


About MPVC Inc.

The Company, through its wholly owned subsidiary OCI, is committed to providing
and managing specialized inbound and outbound customer care, sales and
marketing, technical support and many other centralized contact center services
to its clients. The Company's focus is on providing single source solutions for
all clients' contact center needs from its growing base of delivery centers. The
Company is dedicated to providing a quality and breadth of service that exceeds
client expectations.


This press release contains forward-looking statements. The Corporation is
subject to significant risks and uncertainties which may cause the actual
results, performance or achievements of the Corporation to be materially
different from any future results, performance or achievements expressed or
implied in such forward-looking statements. Such risk factors include, but are
not limited to, risks associated with public markets, competition, lack of
available acquisition opportunities, market price of the Corporation's shares,
failure to obtain additional financing, dilution, customer credit risk, reliance
on key personnel, changes in legislation, environmental matters, potential
conflicts of interest and risk of loss of key contracts. The Corporation cannot
assure investors that actual results will be consistent with any forward-looking
statement and the Corporation assumes no obligation to update or revise such
forward-looking statements to reflect actual events or new circumstances.


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