Phoenix Interests, Inc. Announces Former Chairman of the Dallas Federal Reserve and Retired Major General Hugh G.

LUDLOW, KY, Jun 29 (MARKET WIRE) --
Phoenix Interests, Inc. (OTCBB: PXNT) today announced Hugh G. Robinson to
the Company's Board of Directors. Earlier this year, Phoenix Interests
launched a new business strategy to create a comprehensive and global
mobile computing technology business. The Company has executed a
definitive purchase agreement to acquire Stonewall Networks
(www.stonewallnetworks.com) as part of this strategy. The Company's
mobility roll-up strategy has been developed over the last year, and
Stonewall is the first of several planned acquisitions.

Mr. Robinson is a former Chairman of the Dallas Federal Reserve and a
retired Major General with a distinguished career serving in the United
States Army. Among other prestigious posts, Mr. Robinson served as
President Lyndon Johnson's military aide de camp. In addition to his
public service experience, Mr. Robinson's career has included extensive
executive management experience with senior positions at Southland
Corporation and City Place Development Corporation. He is a graduate of
the United States Military Academy at West Point and earned a Masters
Degree in Civil Engineering from the Massachusetts Institute of
Technology (MIT). In addition to his role at Phoenix Interests, Mr.
Robinson currently serves on the board of Carmax, Inc., the LBJ
Foundation and the Better Business Bureau.

The Company will release an on-demand Webcast on Tuesday, June 30, 2009.
The Webcast will provide a year-to-date progress update to include the
Company's increase to its anticipated $1 million in first year revenue.
Additionally, the Webcast will include a review of the previously
announced suggested fair value target price per share of $0.10.

Corporate Email Updates

To be added to Phoenix Interests' e-mail database to receive company
updates, please send an e-mail to info@pxinterests.com.

"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995

This press release contains forward-looking statements that involve risks
and uncertainties. The statements in this release are forward-looking
statements that are made pursuant to safe harbor provision of the Private
Securities Litigation Reform Act of 1995. Actual results, events and
performance could vary materially from those contemplated by these
forward-looking statements. These statements involve known and unknown
risks and uncertainties, which may cause Phoenix Interests' actual results
in future periods to differ materially from results expressed or implied
by forward-looking statements. These risks and uncertainties include,
among other things, product demand and market competition. You should
independently investigate and fully understand all risks before making
investment decisions.

Contact:
Phoenix Interests, Inc.
Investor Relations
214-556-5927
info@pxinterests.com

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