CDG Investments Inc. Enters Into Letter of Intent

CDG Investments Inc. ("CDG") (CNQ:CDGI)(OTCBB:CDGEF) is pleased to announce that
it has entered into a non-binding letter of intent (the "Agreement") for the
combination of CDG with Preo Software Inc. ("Preo") an Alberta-based private
software company.


Under the terms of the Agreement, subject to completion of satisfactory due
diligence and receipt of applicable regulatory and shareholder approvals, if
required, entering into a definitive agreement, and other customary conditions,
it is expected that CDG and Preo shall complete either an amalgamation or
alternatively a share exchange whereby CDG would acquire all of the outstanding
shares of Preo in exchange for shares of CDG. It is anticipated that the
transaction will proceed by way of plan of arrangement. The terms of the
combination have not been finalized.


About Preo

Preo Software is a Canadian-based private print knowledge management system
(PKMS) provider serving Fortune 5,000 customers in a wide variety of industries,
both domestically and internationally. Preo's primary proprietary software is
called "Printelligence(TM)", which is the only PKMS that adapts itself to an
organization's printing behavior, thanks to a unique patent pending adaptive
rules engine that modifies the messaging delivered to end-users at the desktop,
based on individual behavior.


Robert Ingram, President

This news release does not constitute an offer to sell or the solicitation of an
offer to buy the securities, or a solicitation of proxies, in any jurisdiction,
including but not limited to, the United States. The CDG Shares have not been
and will not be registered under the United States Securities Act of 1933, as
amended (the "U.S. Securities Act"), or any state securities laws and may not be
offered or sold in the United States except in certain transactions exempt from
the registration requirements of the U.S. Securities Act and applicable state
securities laws.


Except for the historical and present factual information contained herein, the
matters set forth in this news release, including words such as "expects",
"projects", "plans", "anticipates" and similar expressions, are forward-looking
information that represents management of CDG's internal projections,
expectations or beliefs concerning, among other things, future operating results
and various components thereof or the economic performance of CDG. The
projections, estimates and beliefs contained in such forward-looking statements
necessarily involve known and unknown risks and uncertainties, which may cause
CDG's actual performance and financial results in future periods to differ
materially from any projections of future performance or results expressed or
implied by such forward-looking statements. These risks and uncertainties
include, among other things, those described in CDG's filings with the Canadian
securities authorities. Accordingly, holders of CDG shares and potential
investors are cautioned that events or circumstances could cause results to
differ materially from those predicted. CDG disclaims any responsibility to
update these forward-looking statements.