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Call Genie Announces First Quarter Results for Fiscal 2007

May 22, 2007

Call Genie Inc. (TSXV: "GNE"), a provider of enhanced voice directory services, today reported first quarter results for the three months ended March 31, 2007.

Revenues for the three month period ended March 31, 2007 increased to $293,363 from $115,046 for the same three month period in 2006. The increase in revenues was as a result of additional consulting services generated to support new business requirements from the Yellow Pages Group of Canada and Jingle Networks Inc. The current quarter revenues increased 12% over the fourth quarter of 2006 due to additional consulting services.

"The first quarter financial results remain consistent with our business model and our strategy of international expansion. The recent $20.0 million financing with Goldman Sachs, and Co. and the Yellow Pages Group of Canada represents a significant milestone for Call Genie. We now have the fiscal resources required to execute our business plans." said Mr. Michael Durance, the company’s Chief Executive Officer.

The net loss for the company for the first quarter of 2007 was $2,353,436 compared to $1,170,940 for the same period in 2006.

For the first quarter ended March 31, 2007, the cash used in operating activities was approximately $1.94 million compared to cash used in operating activities of $1.06 million for the first quarter of the previous year. The increase in cash flows used in operating activities for the three months ended March 31, 2007 is primarily attributable to increased personnel and operating costs used to build a Global Business Development team and further invest in the technology development.

As at March 31, 2007, Call Genie had a positive working capital of $3,697,975. Recently announced financings which have been completed in the last month will add approximately $28.5 million to working capital.

The preceding Annual Results for Call Genie should be read in conjunction with Call Genie’s audited financial statements and the accompanying notes for the three months ended March 31, 2007 and the related Management Discussion and Analysis ("MD&A"), which have been filed on SEDAR (www.sedar.com) and on the Call Genie website at www.callgenie.com

For a report on Call Genie’s progress, refer to the Outlook section of the MD&A.

About Call Genie Inc.

Call Genie, Inc. is the leading provider of enhanced Voice-enabled Mobile Local Search ("VoMoLo") search products and services to Wireless Carriers, Directory Assistance providers, and Yellow Pages publishers. Offered as a turnkey or ASP solution, Call Genie's Enhanced Voice Directory (EVD™) platform enables companies to offer a comprehensive, voice-enabled business category search service to consumers and business customers. EVD™ is network, handset and location independent, and can be incorporated into any existing DQ service or deployed as a stand-alone offering.

Call Genie won the 2006 Yellow Page Association Industry Excellence Award for Marketing Innovation in North America, the 2006 Whitaker Innovation Award in Europe, and the 2006 118 Tracker Award for Technology Innovation in the UK. For more information, visit www.callgenie.com.

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