Hundreds of Thousands of Gamers Migrate to New Spawnpoint Gaming Community

May 9, 2006; 08:10 AM

LAKE MARY, FLORIDA - May 9, 2006 - Spawnpoint, a new gaming community for serious gamers, has already earned the loyalty of hundreds of thousands of gamers in the first three months of its existence. More than 200,000 unique visitors every month are on the site, with growth of more than 30% each month.

"Gamers are drawn to Spawnpoint because of the screaming-fast, no limit
downloads powered by the PEER 1 network," said Shane Robinett, founder of
Spawnpoint. "They keep coming back because they can track their skill and rank on our leaderboards, we have cool and interesting content, and they know that they will find the files they want to download here first."

Launched in February 2006, Spawnpoint is the brainchild of Robinett of PHXX
Networks in partnership with PEER 1 Network Enterprises (TSX-V:PIX). With
PEER 1's high performance network and dedicated server offerings, and PHXX's technical and gaming savvy, the project is geared at delivering the latest in gaming downloads, news and technology, with the best network possible. Spawnpoint is a fast and powerful gaming site for serious gamers wanting to have a place to compete as well as find a community of like-minded people intent on enjoying the gaming experience.

"Unlike similar sites, we don't put a limit on how much you can download,"
continued Robinett. "With the PEER 1 Rapid Edge content delivery network, we can support multiple people downloading movie files as large as 1000 megs without annoying interruptions. We're here to give gamers what they want when they want it. Capping usage goes against that philosophy. Everything we do is focused on making the gaming experience the best that it can be with unrestricted access to community, competition and content."

An open community of over 300 professionally administrated gaming servers
support such games as Counter-Strike: Source, Counter-Strike, Day of Defeat, Half-Life, and more.

Exclusive content written by regular contributors include "Gamer Girl" with a unique female view of gaming, and "Ancient Admin" which is written by an ex-New York beat cop with a funny and sardonic take on the world of gaming. Spawnpoint is also the place to go for information on Game Wikis, reviews, information on new releases and more.
 
The community is powered by PEER 1's Rapid Edge Content Delivery Network that enables fast downloads of huge files consistently delivered at over 1 megabyte per second to broadband users.

About Spawnpoint:
Spawnpoint is a gaming community which strives to deliver the very best gaming experience possible. With screaming-fast downloads of the latest games and game movies, a leaderboard to track your rank, and unique content, Spawnpoint is the destination for the hardcore gamer. The project is a joint effort by PHXX Networks and PEER 1. Visit http://www.spawnpoint.com to see for yourself.

About PHXX:
PHXX is a unique partnership of talented engineers and business leaders that can make the best use of technology and business planning to drive your company towards future growth and success. Experienced at delivering needed services to financial markets and technology dependent business sectors ranging from small to large businesses, PHXX is delivers solutions in web and software development, data mining and analysis, business continuity and disaster recovery planning, and more. In addition, PHXX can manage and deliver your digital content and data to anywhere and anyone on the globe. Specializing in data distribution services, we leverage our partnerships and expertise to put information quickly and accurately in the hands of one person... or one hundred thousands people. Visit http://www.phxxllc.com for more information.

About PEER 1:
PEER 1, a leading Internet infrastructure provider, delivers client-centric solutions that ensure customers' online presence is available 100% of the time. From Internet network and co-location to dedicated hosting, PEER 1 has a solution to meet the online needs of companies of all sizes.  Since its inception in 1999, the company has grown to include data centers and network points of presence in 16 major cities across North America and Europe, all connected by PEER 1's world class Internet network.  PEER 1 serves a variety of customers including hosting providers, online gaming companies, Internet phone (VoIP) companies and many small and medium sized businesses. The company's headquarters are in Vancouver, Canada and the stock is traded on the TSX Venture exchange under the symbol PIX. For more information visit http://www.peer1.com.

Statements in this release relating to matters that are not historical fact are forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. Factors that could cause or contribute to such differences include, but are not limited to, general economic conditions, changes in technology, reliance on third party manufacturing, managing rapid growth, global sales risks, limited intellectual property protection and other risks and uncertainties described in PEER 1's public filings with securities regulatory authorities.