Voyant Management Exchanges Debt for Equity Investment in Company

PALO ALTO, CA , a diversified media and technology holding company dedicated to improving the quality of the digital world for both businesses and consumers, announced that its senior management team has converted a significant portion of deferred pay and company debt into convertible preferred stock. All six members of Voyant's senior management team have signed definitive agreements for this conversion, as detailed in the company's 8-K SEC filing dated Dec. 13, 2007.

"All of the members of our senior management team believe very strongly in Voyant's business model, focused on the intersection of media and technology," said Dana Waldman, Voyant's chief executive officer. The team has deferred a significant fraction of its salary in recent months, and several members are owed various sums for past transactions. "We wanted to demonstrate our belief in the company by personally making these commitments to Voyant."

"These transactions are good for the company because they decrease the liability on our balance sheet and further align the interests of our management with our shareholders," added Chief Financial Officer David R. Wells. "We also feel that they are in our own personal best interests, because we believe that this company, with its compelling vision, technology, connections, products, and know-how, is poised to do very well."

About Voyant

Voyant is a media and technology holding company focused on bringing innovative technologies, media assets, and strategic partnerships together to deliver next-generation commercial and consumer solutions to empower, enhance, and enrich our digital world. The company works with strategic partners in the technology and entertainment sectors to locate, partner with, and acquire complementary technologies and media assets that position the company in the value chain from content creation to direct distribution to the consumer. More information can be found at www.voyant.net. To receive public information, including press releases, conference calls, SEC filings, profiles, investor kits, news alerts and other pertinent information, please register at www.voyant.net/investorpass.

Safe Harbor

This news release contains forward-looking statements, including but not limited to, those that refer to the company's future development plans or operating results. Actual results could differ materially from those anticipated due to risk factors that include, but are not limited to, lack of timely development of products and services; lack of market acceptance of products, services and technologies; adverse government regulations; competition; breach of contract; inability to secure sufficient capital for continued operations; inability to earn revenue or profits; dependence on and retention of key individuals; inability to obtain or protect intellectual property rights; lower sales and higher operating costs than expected; technological obsolescence of the company's products; limited operating history and risks inherent in the company's markets and business and other factors discussed on our website on the "Investors" page, in our most recent Annual Report on Form 10-KSB and our Quarterly Reports on Form 10-QSB filed with the SEC. Investors are advised to read our Annual Report, quarterly reports and current reports on Form 8-K filed after our most recent annual or quarterly report. The forward-looking statements in this press release represent our current views as of the dates of individual pages and we disclaim any obligation to update these forward-looking statements.

Media and Investor Contacts: Sean Collins CCG Investor Relations 310-477-9800, ext. 202 [e-mail] Howard Gostfrand American Capital Ventures 305-918-7000 [e-mail]