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<p><b>Monday June 21, 2004</b></p>

<b><font face="Arial Unicode MS" size="4"></font></b>
<p><b><font face="Arial Unicode MS" size="4">Press Release</font></b></p>

<p><i>SOURCE: Westsphere Asset Corporation, Inc.</i></p>

<p><b><font face="Arial Unicode MS" size="5">Westsphere Asset Corporation Announces Purchase of 100% of E-debit International Inc.
Outstanding Shares</font></b></p>

 <font face="Arial Unicode MS"></font>
<p><font face="Arial Unicode MS">CALGARY, Alberta, June 21, 2004-- Keeping with Westsphere&rsquo;s business model of growth through
consolidation, Westsphere Board of Directors announce today the acquisition of one hundred (100%) percent of the outstanding
E-debit International Inc. shares. As stated in the Press Release of October 02, 2001, the remaining 10% purchase of E-debit
International was fulfilled through a share transfer agreement with an E-Debit shareholder, Mr. Prathavan Venkatraman. <b>This
acquisition increases Westsphere&rsquo;s share position from ninety (90%) percent to one hundred (100%) percent of the issued and
outstanding voting shares of E-debit International Inc.</b></font></p>

<p><font face="Arial Unicode MS">This acquisition further enhances and furthers Westsphere&rsquo;s focus of providing alternative
banking solutions.</font></p>

<p><font face="Arial Unicode MS">COMPANY OVERVIEW</font></p>

<p><font face="Arial Unicode MS">Westsphere Asset Corporation, Inc. is a holding company, with subsidiaries engaged in business
activities focusing mainly on the non-conventional banking industry.</font></p>

<p><font face="Arial Unicode MS">With a model of GROWTH THROUGH ACQUISITION, WSHA has significant potential through acquiring
proven/or undervalued companies, reorganizing and maximizing their performance then consolidating their business activities with
the existing business operations being conducted by WSHA subsidiaries.</font></p>

<p><font face="Arial Unicode MS">Currently, the Company has established a strong presence in the privately owned non-conventional
banking sector, ie: Automated Banking Machines (ABM) industry in Canada, and maintains and services an ABM network across
Canada.</font></p>

<p><font face="Arial Unicode MS">WSHA has subsidiaries involved in Financing and Leasing, Point of Sale Equipment Distribution,
Property Development and Management, and Development of other non-conventional banking alternatives.</font></p>

<ul>
<li>CAPITALIZATION: 75,000,000 COMMON SHARES WITH NO PAR VALUE</li>

<li>SHARES ISSUED: 34,622,243</li>

<li>For further details, please refer to WSHA website</li>

<li><b>Transfer Agent:</b> Holladay Stock Transfer Inc.	</li>

<li>2939 North 67th Place</li>

<li><font size="2">Scottsdale, Arizona 85251</font></li>
</ul>

<p>&nbsp;</p>

<p><font face="Arial Unicode MS">DISCLAIMER</font></p>

<p><font face="Arial Unicode MS">Forward-Looking Statements: This news release contains certain forward-looking statements. All
statements, other than statements of historical fact, included herein, are forward looking statements that involve various risks
and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events
could differ materially from those anticipated in such statements. Forward-looking statements are based on the estimates and
opinions of management on the date the statements are made, and WSHA does not undertake an obligation to update forward-looking
statements should conditions or management's estimates or opinions change.<br>
</font></p>

 <font face="Arial Unicode MS" size="2"></font>
<p><font face="Arial Unicode MS" size="2">2140 Pegasus Way N.E.</font></p>

<p><font face="Arial Unicode MS" size="2">Calgary, Alberta, Canada</font></p>

<p><font face="Arial Unicode MS" size="2">T2E 8M5</font></p>

<p><font face="Arial Unicode MS" size="2">Tel: +1-403-290-0264</font></p>

<p><font face="Arial Unicode MS" size="2">Fax: +1-403-290-1266</font></p>

<p><i><font face="Arial Unicode MS">SOURCE: Westsphere Asset Corporation, Inc.</font></i></p>

<p>&nbsp;</p>

<p>&nbsp;</p>
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Tuesday October 2, 2001 5:00 pm Eastern Time
Monday June 21, 2004
Press Release
SOURCE: Westsphere Asset Corporation, Inc.
Westsphere Asset Corporation Announces Purchase of 100% of E-debit International Inc.
Outstanding Shares
CALGARY, Alberta, June 21, 2004-- Keeping with Westsphere's business model of growth through
consolidation, Westsphere Board of Directors announce today the acquisition of one hundred (100%) percent of the outstanding
E-debit International Inc. shares. As stated in the Press Release of October 02, 2001, the remaining 10% purchase of E-debit
International was fulfilled through a share transfer agreement with an E-Debit shareholder, Mr. Prathavan Venkatraman.
This
acquisition increases Westsphere's share position from ninety (90%) percent to one hundred (100%) percent of the issued and
outstanding voting shares of E-debit International Inc.
This acquisition further enhances and furthers Westsphere's focus of providing alternative
banking solutions.
COMPANY OVERVIEW
Westsphere Asset Corporation, Inc. is a holding company, with subsidiaries engaged in business
activities focusing mainly on the non-conventional banking industry.
With a model of GROWTH THROUGH ACQUISITION, WSHA has significant potential through acquiring
proven/or undervalued companies, reorganizing and maximizing their performance then consolidating their business activities with
the existing business operations being conducted by WSHA subsidiaries.
Currently, the Company has established a strong presence in the privately owned non-conventional
banking sector, ie: Automated Banking Machines (ABM) industry in Canada, and maintains and services an ABM network across
Canada.
WSHA has subsidiaries involved in Financing and Leasing, Point of Sale Equipment Distribution,
Property Development and Management, and Development of other non-conventional banking alternatives.
CAPITALIZATION: 75,000,000 COMMON SHARES WITH NO PAR VALUE
SHARES ISSUED: 34,622,243
For further details, please refer to WSHA website
Transfer Agent:
Holladay Stock Transfer Inc.
2939 North 67th Place
Scottsdale, Arizona 85251
DISCLAIMER
Forward-Looking Statements: This news release contains certain forward-looking statements. All
statements, other than statements of historical fact, included herein, are forward looking statements that involve various risks
and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events
could differ materially from those anticipated in such statements. Forward-looking statements are based on the estimates and
opinions of management on the date the statements are made, and WSHA does not undertake an obligation to update forward-looking
statements should conditions or management's estimates or opinions change.
2140 Pegasus Way N.E.
Calgary, Alberta, Canada
T2E 8M5
Tel: +1-403-290-0264
Fax: +1-403-290-1266
SOURCE: Westsphere Asset Corporation, Inc.