IBEX Appoints New Director of Finance

IBEX Technologies Inc. (TSX VENTURE:IBT) today announces that Richard Collin,
CPA-CA, who joined IBEX on April 1, 2013, has been appointed Director of
Finance. 


Mr. Collin brings to IBEX over 30 years of experience with manufacturing and
distribution companies. 


"We are very pleased to have someone with Richard's experience join IBEX at this
important time of our expansion", said Paul Baehr, IBEX President & CEO.


ABOUT IBEX

The Company, through its wholly owned subsidiaries, IBEX Pharmaceuticals Inc.
(Montreal, QC) and Bio-Research Products Inc. (North Liberty, IA), manufactures
and markets enzymes for biomedical use. IBEX also manufactures and markets a
series of arthritis assays which are widely used in osteoarthritis research. 


For more information, please visit the Company's website at www.ibex.ca. 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Paul Baehr
President & CEO
IBEX Technologies Inc.
514-344-4004 x 143