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AccessKey IP, Inc. Announces Upgrade to AccessKey Vault Technology

AccessKey IP, Inc., (Pink Sheets:AKYI) the developer, designer and producer of advanced entertainment and communication devices, announced this morning that the company plans to add significant functionality to its AccessKey Vault technology with Release 2.0. The new release will feature support for both Microsoft Windows XP™ and Vista™; as well as Microsoft’s popular productivity suites, Office 2003 and 2007. The company’s high performance patent-pending encryption/decryption functionality will also be expanded to support both Triple DES and the more advanced AES cryptography standards.

AccessKey IP’s President Rich Lauer explained, “Our initial release of the Vault came at a time prior to the general availability of Vista. We therefore didn’t include this functionality. Obviously, most new PC’s ship with Vista today, so support for this latest Microsoft technology is now much more important.” Lauer continued, “Some organizations require AES as their encryption standard. Availability of the latest AES (Advanced Encryption Standard) on the Vault will therefore allow us to meet this requirement.”

AccessKey Vault, version 2.0 is scheduled to ship during the first quarter of 2008. Pricing has not yet been established.

Windows Vista™, Windows XP™, and Microsoft Office™ are all Trademarks of Microsoft Corporation (NASDAQ: MSFT)

About AccessKey IP, Inc.

AccessKey IP, Inc. is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of digital communications, entertainment-related services and specific consumer electronics platforms. AccessKey IP’s AccessKey(TM) products, powered by the Company's patented technology, provide complete access to the coveted "Triple Play" (voice, video and data) and "Quadruple Play" (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company's AccessKey Home(TM) and portable flash drive-sized AccessKey PC(TM) allow subscribers to "channel surf" streaming "HD Quality" television content (IPtv), navigate the internet, watch Video on Demand (VOD) offerings, play video or internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and service provider network.

Forward-Looking Statements

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of AccessKeyIP, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

FOR INVESTOR INQUIRIES

Please visit the Company's website www.accesskeyip.com, or contact:

Bruce Palmer, 310-734-4254, ext. 105.

AccessKey IP, Inc.

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