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ADX Advantex Marketing International Inc

0.005
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Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Advantex Marketing International Inc CSE:ADX CSE Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.005 0.005 0.01 0 01:00:00

Advantex Announces Update on Its Partnership With CIBC

09/09/2013 9:05pm

Marketwired Canada


Advantex Marketing International Inc. (CNSX:ADX) ("Advantex") announced today an
update on its relationship with Canadian Imperial Bank of Commerce ("CIBC").


Advantex and CIBC are continuing to work towards entering into new contractual
arrangements with respect to the CIBC bonus rewards programs (a "New
Agreement"). Although there can be no assurance that the CIBC and Advantex will
enter into a New Agreement, the parties have agreed to extend the expiry of
their existing agreement until September 30, 2013. This extension is intended to
allow the parties to continue under their current agreement while continuing
their discussions about the potential terms of a New Agreement.


About Advantex Marketing International Inc.

Advantex is a specialist in the marketing services industry. Advantex partners
with CIBC, and Aeroplan. On a combined basis, Advantex has contractual marketing
access to more than five million Canadian consumers with above-average personal
and household income. Advantex's merchant partner base currently consists of
about 2,000 merchants operating restaurants; golf courses; independent inns,
resorts and selected hotels; spas; retailers of men's and ladies fashion,
footwear and accessories; retailers of sporting goods; florists and garden
centres; book and newspaper stores; health and beauty centres; dry cleaners;
gift stores; home decor; automotive dealers, service centers; and tire
dealerships; many of which are leaders in their respective categories.


Advantex is traded on the Canadian National Stock Exchange under the symbol
"ADX". For additional information on Advantex, please visit www.advantex.com.


Forward-Looking Statements 

This news release contains "forward-looking statements" within the meaning of
applicable securities laws relating to the future business and operations of
Advantex. Readers are cautioned not to place undue reliance on forward-looking
statements. Actual results and developments may differ materially from those
contemplated by these statements. The business and operations of Advantex
described herein is dependent on a number of factors and is subject to a number
of risks and uncertainties. Factors that could cause actual results to differ
materially include, but are not limited to, changes in Advantex's business
including its on-going business and contractual relationships with each of CIBC
as well as general business, economic and competitive conditions relating to the
industry sectors in which Advantex operates.


The statements in this news release are made as of the date of this release.
Forward-looking statements are made based on management's beliefs, estimates and
opinions on the date the statements are made and Advantex undertakes no
obligation to update forward-looking statements if these beliefs, estimates and
opinions or other circumstances should change, except as required by applicable
law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Advantex Marketing International Inc.
Mukesh Sabharwal
Vice-President and Chief Financial Officer
905-470-9558 ext. 249
Mukesh.sabharwal@advantex.com
www.advantex.com

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