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POZ Prosys Tech (Tier2)

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Share Name Share Symbol Market Type
Prosys Tech (Tier2) TSXV:POZ TSX Venture 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 -

Updates on Prosys' Activities and Audited Financial Statements

04/11/2009 1:00pm

Marketwired


Prosys Tech (Tier2) (TSXV:POZ)
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Prosys Tech Corporation (hereinafter, "Prosys")(TSX VENTURE: POZ) wishes to inform its shareholders that it is pursuing, through its affiliate Peak Positioning Inc. (hereinafter, "Peak"), the development of its wireless security services in order to market these services in the very near future. Prosys has already announced the signing of a strategic partnership between Peak and an important modem manufacturer that will allow Peak's wireless security services to be compatible with the manufacturer's modems.

Notwithstanding the emphasis on its commercialization efforts and its strategic business realignment, Prosys will prepare its annual financial statements for the year ended June 30, 2009, with the intention of filing them in the near future. The annual audited financial statements were to be filed before October 29, 2009.

About Prosys

Prosys maintains a participation in Peak Positioning Inc., a subsidiary. Prosys currently holds about 48% of Peak's issued shares and has an option to increase its holding to 50,1 % until January 31, 2010. The investment in Peak is in the scope of the Prosys' steps to diversify the global offer of services to its current customers and to improve Prosys' positioning for the development of the SMB market. For more information regarding Peak, please visit www.peakpositioning.com.

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

Contacts: Prosys Tech Corporation Mr. Georges Hebert President, Chief Executive Officer and interim Chief Financial Officer 514-893-1177

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