Phoenix Aerospace Inc. Receives a $1.1M Purchase Order for the Supplying of Ground Support Equipment Subsystems

Backlog Exceeds $4M

CARSON CITY, NV -- (MARKET WIRE) -- 04/02/08 -- Phoenix International Ventures, Inc. (OTCBB: PIVN) announced today that its wholly owned subsidiary, Phoenix Aerospace Inc. has received a $1,119,054 purchase order to supply ground support equipment subsystems, to a European customer, delivery is expected beginning third quarter of 2008.

Commenting on the purchase order, Phoenix International Ventures, Inc.'s CEO, Mr. Zahir Teja, commented: "This new order from a European customer, demonstrates the increasing world wide market acceptance of our company's products and parts. For the first time, we have crossed the $4M backlog milestone and hope to continue and build a strong backlog that will assure our healthy growth in the huge Aerospace market."

About Phoenix International Ventures, Inc.

Phoenix International Ventures, Inc. of Carson City, Nevada, was established in order to acquire and develop business in the defense and aerospace market. The company has acquired 100% of Phoenix Aerospace Inc. which specializes in manufacturing, remanufacturing and upgrading of Ground Support Equipment (GSE) which is primarily used to support military aircraft.

Certain statements in this news release by Phoenix International Ventures, Inc. are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking information is subject to risk and uncertainty. Certain statements in this Press Release may contain forward-looking information that involves risk and uncertainty, including but not limited to, the Company's ability to fund ongoing operations and to complete its obligations under the government and/or customer contract and its other ongoing commitments. Future results and trends depend on a variety of factors, including the Company's successful execution of internal performance plans; product development and performance; government bid and funding availability uncertainty; other regulatory uncertainties; performance issues with key suppliers and subcontractors; and the ability to adequately finance operations including meeting its debt obligations, fund manufacturing and delivery of products.

Contact: Neev Nissenson neev@phxaero.com

Website: http://www.phxaero.com

2008-04-02 19:54:09 0326931 MARKETWIRE