PetroHunter Obtains New Trading Symbol

PetroHunter Energy Corporation, whose shares are traded on the Over-the-Counter Bulletin Board (OTC BB), will be trading under the symbol "PHUN" beginning on Monday, August 21, 2006.

In May 2006, PetroHunter Energy Corporation, formerly known as Digital Ecosystems Corp., acquired more than 85% of the stock of GSL Energy Corporation, and the business of GSL became the business of PetroHunter Energy Corporation. Subsequent to May 2006, PetroHunter Energy acquired all the remaining outstanding shares of GSL Energy.

PetroHunter Energy Corporation is a global oil and gas exploration and production company with primary assets consisting of an undivided 50% working interest in oil and gas leases and related assets, including approximately 26,300 net mineral acres in the Piceance Basin of Colorado, seven million net acres in the Northern Territory of Australia, as well as properties in Montana and Utah.