New York, September 9, 2014: Today, Phantom Fiber, Inc. (OTC Markets:PHFB, hereinafter, the “Company” or “Phantom Fiber”) and its wholly owned subsidiary, Intelagy Corp (“Intelagy”), an up and coming supplier of end-to-end solutions for the management of small and medium-sized businesses, announced the hiring of key senior professionals, whose experience and efforts will enable the Company and its subsidiary, to pursue its growth plans.

Joining the Company are Philip Kempisty, CPA, as Chief Financial Officer and Charles H. Fiori, CFA, as consultant. Additionally, M. David Sayid, Esquire of the law firm of Sayid and Associates LLP, has been retained as Securities Counsel for Phantom Fiber and Intelagy. Their responsibilities begin with immediate effect.

Phantom Fiber’s management is pleased to say that their wholly owned subsidiary, Intelagy is on a very clear growth path due to the comprehensive and flexible nature of its product suite, their understanding of the markets, which we serve, and also of the needs of our clients and prospects, down to a very granular level. Kevin Kading, President of Phantom Fiber stated, “Having Phil and Charles join us at this critical juncture will allow us to more aggressively and effectively build our brand, bringing our unique product and customer service model to a wider audience as well as in the development of new applications, not only in the US, but internationally. Sayid and Associates will add tremendous value, helping to manage Intelagy and Phantom Fiber’s status in the public markets. All of us at Intelagy and Phantom Fiber enthusiastically welcome these professionals to the Company.”

About Phantom Fiber, Inc. (OTC Mkts: PHFB)
Phantom Fiber Inc. (PHFB), through its wholly owned subsidiary, Intelagy Corp, is a public company focused on an up and coming supplier of end-to-end solutions for the management of small and medium-sized businesses, announced the hiring of key senior professionals, whose experience and efforts will enable the Company and its subsidiary, to pursue its growth plans. This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. PHFB has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the PHFB’s current beliefs and are based upon information currently available to it. Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause the PHFB's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. PHFB undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.