Eagle Ventures International Partners With Wakabayashi Fund

EAGLE, Idaho, April 2, 2008 /PRNewswire-FirstCall/ -- (Pink Sheets: EGVI) Eagle Ventures International, Inc. ("the Company") is pleased to announce that it has engaged in an institutional corporate finance and international investor relations alliance with Wakabayashi Fund, LLC.

Wakabayashi Fund, LLC is a private equity firm with offices in Tokyo and New York, providing corporate capitalization, institutional investment banking consulting and investor relations services throughout North America, Europe and the Pacific Rim. The firm invests on a principal basis as well as acts as an institutional intermediary to procure capital for profitable small-cap companies. Over the past twenty years, Wakabayashi Fund, LLC management has generated quantifiable results with institutional investor relations, and placing institutional investments in the $500,000 - $10,000,000 range for companies in a multitude of sectors. http://www.wakabayashifund.com/

Eagle Ventures International, Inc. is a holding company which offers telecom services via its wholly-owned subsidiary, Telextreme Global. Telextreme allows customers to make virtually unlimited local and international phone calls for a flat monthly fee, and has enjoyed explosive growth in Brazil, Mexico and Malaysia thanks to its best-in-class service and technology philosophies and by providing substantial residual income opportunities for its growing worldwide network of independent affiliates.

Commented Tim Langston, Telextreme's President, "Eagle Ventures has positioned Telextreme for aggressive penetration of the Asia-Pacific market the 3rd and 4th quarters of 2008, and throughout greater Asia in 2009. Our sales and marketing system has already proven to be the most effective anywhere in the world for our service, compared to that of any player in our sector ... we have the right technology partners and internal systems built for scalability, and finding the right financial partner in these particular markets was an important piece to put into place."

"Eagle's foundation for success was built in Latin America over the past three years," quoted Shelby Langston, Eagle's CEO. "We continue to build aggressively upon that, while simultaneously launching into the US and Canadian markets in the 2nd quarter. With an eye toward expansion into Japan, China, South Korea and the Philippines in the latter half of this year, we have been seeking a partnership with an established and forward-thinking investment banker and business development consulting firm. I am happy that we've selected Wakabayashi, as they have proven that they deliver results for growing international businesses like ours, and proven that they really know the territory."

Forward-Looking Statements

This press release contains forward-looking statements regarding the future results and performance of Eagle Ventures International, Inc. and its subsidiaries, including statements regarding revenue, growth and market development. These forward-looking statements involve risks and uncertainties and actual results could differ materially from those predicted in any such forward-looking statements. Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements. The realization of any or all of these expectations is subject to a number of risks and uncertainties and it is possible that the assumptions made by management may not materialize. Statements in this press release may involve risks and uncertainties; actual results may differ from the forward-looking statements. Sentences or phrases that use such words as "believes," "anticipates," "plans," "may," "hopes," "can," "will," "expects," "is designed to," "with the intent," "potential" and others indicate forward-looking statements, but their absence does not mean that a statement is not forward-looking. The Company undertakes no obligation to publicly release any revisions to forward-looking statements.

First Call Analyst:
FCMN Contact:

Source: Eagle Ventures International, Inc.

CONTACT: Paul Peterson, +1-208-639-8900, for Eagle Ventures
International, Inc.

Web site: http://www.eagleventuresinc.com/
http://www.wakabayashifund.com/

2008-04-02 17:28:35 0326890 PRNEWSWIRE