Talware Networx Inc.: Press Release

  Talware Networx Inc. ("Talware") (TSX VENTURE: JBS) announces that two new members have been appointed to the board and that each of the current members of Talware's board of directors (the "Board") has resigned. The new Board will consist of Alpha Pang and John Cerenzia.

Each new member of the Board has had considerable experience working with junior companies at various stages of development. Each also brings experience in dealing with junior mining companies, the new business direction which Talware is looking to pursue.

Alpha Pang has various business experiences from mid 1980s. He was involved with import/export business, real estate brokerage services, providing business consultation services for start-up companies including restructuring to merge with public listed companies. Mr. Pang is also a director of other public companies on both Canadian and U.S. exchanges, including YSV Ventures Inc., Renforth Resources Inc. and Angstrom Microsystems Corp., of which he is the Secretary/Treasurer.

John Cerenzia has experience with small capitalization companies and junior resource issuers. He is a former director of Helix Ventures Inc., an oil and gas development and exploration company with properties in Alberta and Saskatchewan. He is also a former director of YSV Ventures Inc., a mineral exploration company in Ontario and of Richview Resources Inc., a TSX-listed company with mineral exploration and development properties in Northern Ontario. Mr. Cerenzia currently serves as director of Simberi Mining and Kent Exploration Inc., both are mineral exploration companies. He has served as a consultant to other public companies. Mr. Cerenzia was employed for 32 years as a Systems Business Analyst with the Ontario Ministry of Transportation.

Talware's common shares will remain halted from trading on the TSX Venture Exchange pending finalization of the Ontario Securities Commission's review of the Company's recent submission regarding certain continuous disclosure filings.

The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although Talware believes that the expectations reflected in forward looking statements will prove to be correct, Talware disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factor affecting such forward looking statements or otherwise.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contacts: Talware Networx Inc. Alpha Pang [phone] [phone] (FAX)