LAS VEGAS, Oct. 24 /PRNewswire-FirstCall/ -- DigitalFX International, Inc. (AMEX:DXN), a multi-tier Web 2.0 digital media products distribution company announced that on October 23, it submitted a plan, as required, to The American Stock Exchange (``AMEX') advising AMEX of action the Company will take to regain compliance with the AMEX's continued listing standards. The Plan sets forth quarterly milestones and a road map of how the Company intends to regain compliance with the continued listing rules, but most importantly, how the Company's new management will steer the Company towards financial stability for our business, our employees, our loyal distributor base and our shareholders. The Plan addresses the introduction of new product initiatives, discusses management changes and outlines the expected financing plan of the Company, the first phase of which was launched on October 15, 2008. The Plan remains subject to review and acceptance by the AMEX. If accepted, the plan will continue to be subject to periodic review to determine whether the Company is making progress consistent with the plan. If the plan is not accepted, or if the Company does not make progress consistent with the plan, the AMEX may initiate delisting procedures as appropriate. About DigitalFX International, Inc. DigitalFX International, Inc. (AMEX:DXN) markets web-based products such as streaming live and on-demand video, video email and digital storage that because of their extremely low cost for the first time brings the next generation Internet revolution to individuals through its http://www.helloworld.com/ website and small and medium-sized businesses via its http://www.firststream.com/ website. The company also markets proprietary communication and collaboration services, and social networking software applications, including its flagship product, called the Studio. For more information about DigitalFX, please visit us at http://www.digitalfx.com/. To receive public information, including press releases, conference calls, SEC filings, profiles, investor kits, News Alerts and other pertinent information, please click on the following link: http://www.b2i.us/irpass.asp?BzID=1407&to=ea&s=0 FORWARD-LOOKING STATEMENTS The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward looking statements if they comply with the requirements of the Act. DATASOURCE: DigitalFX International, Inc. CONTACT: Investors, , or DigitalFX International, Inc., +1-702-938-9300 Web Site: http://www.digitalfx.com/

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Digitalfx International, Inc. (AMEX:DXN)
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