Komodo Financing Complete -- Technology Still Spam-Free after Six Months.

VANCOUVER, British Columbia -- Komodo, Inc. (OTCBB:KMDO) announced today that a financing has been completed at US$1 million. Komodo is successfully beta-testing a unique, secure messaging and operating infrastructure -- one that will virtually eliminate viruses, spam and other potential threats over the Internet through a unique web-based application.

"The financing at one dollar per share has been completed at more than a 30% premium to our current market price," stated Gordon Muir, Chairman and CEO. "It is certainly a testament to the potential of our technology, now in beta testing and one hundred percent spam-free for over six months."

Mr. Muir pointed out Komodo advantages in more detail, below:

--Not language dependent: Komodo's system is truly revolutionary because it is not dependent on a certain type of operating system, nor language specific.

--No competing against the hackers: Other providers like Google's G-mail (NASD; GOOG), Yahoo mail (NASD; YHOO) or AOL / Time Warner Inc. (NYSE; TWX) mail systems provide filtered software for spam and viruses, but they are fighting a losing battle -- constantly trying to keep up with sophisticated spamming and dangerous viruses.

--Elimination of upgrade cycles: By using Komodo's proprietary infrastructure, clients will eliminate the continuous upgrade and download cycle of filtration software -- which only attempts, with varied success, to reduce the millions of daily spammed e-mails, porn and potential viruses.

--Sophisticated options: Komodo clients will not have to deal with unwanted emails nor spend hours sorting or looking for wanted email which was sent to their delete box or pending box in error. Komodo clients will enjoy many options currently not available with e-mail providers.

-- No size restrictions: Providers limit the size of mail transferred due to the time and costs required to transfer larger files. With Komodo there are no such restrictions; delivery will be virtually instantaneous without any size limitations.

About Komodo: Komodo's secure operating infrastructure will virtually eliminate viruses, spam and other potential threats over the Internet through a unique web-based applications. Komodo provides a totally secure, anonymous and private network permitting subscribers the protection of secure, encrypted messaging without the necessity of software downloads or upgrades. Komodo is committed to providing an effective, economical spam- and virus-free messaging environment for the home or office.

For further information on Komodo Inc please visit our website; www.kmdo.com

SAFE HARBOR STATEMENT: The statements released by Komodo Inc. that are not purely historical information contained herein, are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties ,which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the operations of a company. The Company does not undertake any responsibility to update the forward-looking statements contained in this release.