Digifonica Announces Repricing of NonBrokered Private Placement
Burnaby, B.C., January 28, 2008 — Digifonica International Inc. (TSX-V: DIL) ("Digifonica" or the
"Company") announces that due to recent market conditions, and subject to approval of the TSX
Venture Exchange, it will re-price its previously announced CDN$1.5m non-brokered private
placement from CDN$2.00 per Unit to CDN$1.30 per Unit. Under the revised terms of the nonbrokered
private placement, the Company will issue up to 1,153,846 Units at a price of CDN$1.30
per Unit. Each Unit consists of one common share (a "Common Share") of the Company and onehalf
of one non-transferable common share purchase warrant (a "Warrant"), with each whole
Warrant entitling the holder thereof to acquire one Common Share at a price of CDN$2.00 per
Common Share for a period of 12 months from the date of issuance and thereafter at a price of
CDN$2.80 per Common Share until the date that is 24 months from the date of issuance. The
Company expects to close the first tranche of the private placement within the next five business
days.

A finder’s fee of up to 7% will be payable in the form of cash and/or Units in connection with the
offering. Digifonica intends to utilize the net proceeds of the private placement to extend the
Company's current network infrastructure to meet increasing subscribers growth and for general
working capital purposes.

ABOUT DIGIFONICA

Digifonica is a global technology solutions provider of advanced next generation Internet telephony,
IMS, SMS, Managed Content Delivery and Multimedia services and solutions that enable partners to
connect consumers with every major fixed, VoIP, Mobile and Wireless carrier in the world.
Digifonica’s patented-pending VoIP framework and technologies ensure the highest possible quality
of service (QoS) low cost international calling rates and ability to support short code dialling such as
411, E911, 999 and 112 emergency services.

For further information, please contact:

This news release contains forward-looking statements that involve risks and uncertainties. Such
forward-looking statements or information are based on a number of assumptions that may prove
to be incorrect. Although Digifonica believes that the expectations reflected in such forward-looking
statements are reasonable, undue reliance should not be placed on such forward-looking statements
because Digifonica cannot give assurance that such expectations will prove to be correct. Forwardlooking
statements or information are based on current expectations, estimates and projections that
involve a number of risks and uncertainties, which could cause actual results to differ materially
from those anticipated by Digifonica and described in the forward-looking statements or
information. The forward-looking statements or information contained in this news release are made
as of the date hereof and Digifonica does not undertake any obligation to update publicly or revise
any forward-looking statements or information, whether as a result of new information, future
events or otherwise, unless so required by applicable laws.