BUDAPEST, HUNGARY 1/27/09 -- Power of the Dream Ventures, Inc. (OTC BB: PWRV), Hungary's premier technology acquisition and development company, today announced the successful acquisition of the iGlue.com domain in anticipation of launching iGlue, in4, Ltd's internet search and content organizer application based on semantic web technology.

"We managed to acquire iGlue.com in the last minute from its former owner. This is a major step in establishing the iGlue brand and launching the product on the web. Because of today's acquisition we decided to push back the release of the iGlue beta website until Monday, February 2nd, to allow transfer of the domain to our registrar and for the DNS servers to adjust," commented Viktor Rozsnyay, CEO of the Company.

On Monday, iGlue will exit limited private beta testing and will seek to register 1,000 public beta testers through the company's new corporate website at www.iglue.com. Information gathered during this testing will be used for debugging, following which a full public beta version of iGlue will be released to the general public.

Power of the Dream Ventures acquired equity in in4, Ltd in 2007 and has been financing development of the product. Power of the Dream Ventures currently owns 40% of in4, Ltd.

About PDV.

Power of the Dream Ventures, Inc. is a leading technology holding company. We identify and harness the unique technological prowess of Hungary's high-tech industry, turning promising ideas and ready to market products/technologies into global industry leaders. We focus on developing, acquiring, licensing, or co-developing technologies that originate exclusively in Hungary that are in prototype stage based on existing patents; in prototype stage prior to patenting; existing products that require expansion capital to commercialize; emerging science and high-technology research projects that require help in patenting, developing the product and marketing, University spin-off technologies, and ideas from the very early stage that represent "disruptive technologies." We primarily focus on providing enabling solutions in the fields of environmental technologies, power generation and storage, software products and services, biotechnology, medical devices and what we call 'disruptive technologies.' For more information please visit our website at http://www.powerofthedream.com

Contact

At the Company:

Viktor Rozsnyay
President and CEO
Phone: +36-1-456-6061
Fax: +36-1-456-6062

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Source: Power of the Dream Ventures, Inc.