CSM Systems Corp. Announces Completion of Private Placement

CSM Systems Corp. (TSX VENTURE:CKX) ("CSM") is pleased to announce that it has
completed a private placement financing as first announced on September 28,
2010. In connection with the offering, CSM issued 2,330,000 units ("Units") at a
price of $0.05 p er Unit (the "Private Placement") for gross proceeds o f
$116,5000. Each Unit is comprised of one (1) common share ("Common Share") and
one-half (1/2) Comm on Share purchase warrant ("each whole warrant, a
"Warrant"). Each Warrant entitles the h older to purchase one (1) additional
Common Share at a price of $0.10 per Common Share for a period of twenty-four
(24) months following the date of closing, provided that if after four months
and one day following the closing date the closing price of the common shares is
equal to or exceeds $0.15 for twenty (20) consecutive days, then the warrants
shall automatically accelerate to expire on the date which is thirty (30) days
following the date a press release is issued by CSM announcing the reduced
warrant term or the date that written notice has been given to the
warrantholder.


CSM intends to use the proceeds from the Private Placement for general working
capital purposes, and marketing of its innovative wayfinding and interactive
customer service applications. No bonus, finder's fees or commissions were paid
in connection with the Private Placement.


Pursuant to the policies of the TSX Venture Exchange and Multilateral Instrument
61-101 ("MI 61-101") the Private Placement may be classified as a "related party
transaction" as certain directors and officers of CSM (the "Related Parties")
subscribed for Units.


CSM has determined that exemptions from the formal valuation and minority
shareholder approval requirements under MI 61-101 are available. In particular,
CSM has determined that the exemptions set out in subsections (a) and (b) in
section 5.5 of MI 61-101 are applicable since the aggregate consideration to be
paid by the Related Party does not exceed 25% of the market capitalization of
the Corporation as at the date hereof and the Corporation is only listed on the
TSX Venture Exchange and is not listed or quoted on any of the specified markets
listed in subsection 5.5(b) of MI 61-101. In addition, in reviewing the minority
shareholder approval exemptions, the independent directors determined that the
exemption set out in subsections (a) and (b) in section 5.7 of MI 61-101 is
applicable.


The securities issued pursuant the Private Placement are subject to a hold
period expiring on April 3, 2011.