CompuPrint, Inc. Completes $1 Million Private Placement; Issues Stock to an Institutional Investor at Premium to Market.

NEW YORK -- CompuPrint, Inc. (OTCBB: CPPT), an energy technology company that combines satellite-based technology with traditional exploration services, which does business through Terra Insight Corporation, its wholly owned subsidiary, announced today that it has completed a $1 million private placement of common stock and warrants with Belhasa International Co. LLC, an institutional investor.

The Company sold 1,000,000 shares of common stock, 150,000 warrants exercisable for one year, and 2,000,000 warrants exercisable for six months, for gross proceeds of $1 million. The 150,000 one-year warrants are exercisable for six months at $1.25 per share and are thereafter exercisable at $1.50 per share. The 2,000,000 six-month warrants are exercisable for three months at $1.15 per share and are thereafter exercisable at $1.50 per share, provided that the initial exercise of these six-month warrants must be for the purchase of at least 1,000,000 shares of common stock. The proceeds will be used for working capital. No brokers or placement agents were involved in the transaction.

"We are glad to welcome such a well-known name in Dubai as Belhasa to our family of investors," said Roman Rozenberg, CEO. "This additional equity will be helpful in our pursuit of the of oil and gas properties in which to deploy our promising technology."

About CompuPrint, Inc.

CompuPrint, Inc., through its wholly owned subsidiary, Terra Insight Corporation, provides mapping, surveying, and analytical services to exploration, drilling, and mining companies. The Company primarily uses the STeP technology, which facilitates the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources. It manages and interprets geologic and satellite data to develop the assessment of natural resources. The Company also owns leases for oil and gas parcels totaling approximately 14,000 acres of land in the Rail Road Valley and White River Valley areas of Nevada for purposes of utilizing its STeP technology in oil and gas exploration and development activities. CompuPrint was formed in 2005 and is based in New York City. For more information visit http://www.terrainsight.com.

About Belhasa International Co. LLC

Belhasa International Co. LLC (BHI) is the holding company of the Belhasa Group of Companies. It is a family owned company based in Dubai, established in 1997, whose shares are all owned by Dr. Ahmed Saif Belhasa's family. In addition to its role as a holding company, BHI, and its affiliated entities, have diversified activities in the establishment and management of commercial, agricultural and industrial projects, and have been active within the construction sector in Dubai , in other Emirates and outside the UAE. BHI has also established sea transport, mineral / natural gas and underground water exploration operations. The Belhasa Group of Companies has approximately 4,500 employees, with its representative offices in a number of overseas countries, and approximately 20 subsidiary and associated companies.

This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause the Company's expectations and beliefs about its plans to acquire additional exploration properties, plans to drill, drilling results or operations to fail to materialize: including, but not limited to, competition for new acquisitions; availability of capital; unfavorable geologic conditions; non-acceptance of the technology; prevailing prices for oil and natural gas and general regional economic conditions.