Daxi Information Technologies, Ltd., a wholly owned subsidiary of Jubilant plans expansion of its R&D team

Shanghai, China.- January 16, 2007

Daxi Information Technologies, Ltd., a wholly owned subsidiary of Jubilant Technologies, Inc., will be expanding its Research & Development team throughout 2007.

Daxi will tap into the vast intellectual talent pool in Beijing, Shanghai and other major cities in China, and will form partnerships with leading high-tech companies in these cities.