NEWPORT BEACH, CA--(MARKET WIRE)--May 15, 2006 -- Amazing Technologies Corp. (Other OTC:AZTN.PK - News), a fast growing US public company that acquires, supplies and integrates real-time software solutions for the Small and Medium Sized Business (SMB) market, announced today that it has completed its purchase of a sophisticated e-commerce platform from an Australian based software developer.

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"We are extremely excited to add a comprehensive e-commerce engine and web publishing platform to our portfolio of solutions," said J. Bradley Hall, CEO of Amazing Technologies. "This acquisition is another clear validation of our business model and we will immediately begin optimizing this solution for the JD Edwards environment where we already have a number of pre-qualified prospects looking at the solution." He added, "Software developers that have had success in their local markets now see linking up with Amazing as their unique chance to instantly go global."

John Gainor, VP of Business Development at Amazing, noted, "Over the last year, observers of Amazing's explosive growth have seen that we continue to execute against a goal of continually expanding our global footprint of JDE resellers and then supplying them with compelling, margin-expanding tools like this. Customers are ultimately the big winners as shrewd observers of the SMB marketplace will recognize this software solution as a cost-effective alternative to other e-commerce solutions like Intershop."

Simon Arkell, President of Amazing, noted, "This is another great example of our ability to leverage those undiscovered gems that are out there. We have an increasingly robust ability to put solutions like this into our global distribution network of JDE resellers and in this circumstance, help the original developers, inteRAD Technology Global Ltd, of Queensland, Australia, generate a return on their original $5 million R&D investment."

About Amazing Technologies:

Founded in 2004, Amazing Technologies Corp. is an aggressive 'second buyer' of venture backed vertical silo software publishers and successful regional, niche software companies that can be positioned as complementary plug and play add-ons to existing JD Edwards ERP solutions. The company is focused on fully developed, customer-validated products that have not reached any critical mass of customer traction. Amazing is also an acquirer of established resellers in the global JD Edwards reseller and integrator channel.

"Amazing" is a trademark of Amazing Technologies Corp. and may be registered in certain jurisdictions. This release contains "forward-looking statements." Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes" or statements indicating certain actions "may," "could" or "might" occur.

     Contact:
     For further information please contact:
     J. Bradley Hall
     Chief Executive Officer
     Amazing Technologies Corp.
     949 706 7845 x11
     Email Contact
     http://www.amazingca.com/