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ZOX Zeox Corporation

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Share Name Share Symbol Market Type
Zeox Corporation TSXV:ZOX 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 -

ZEOX Announces Comprehensive Resolution

04/02/2010 5:55pm

Marketwired Canada


Mr. Garold R. Spindler, Chairman and CEO of ZEOX Corporation (The "Company" or
"ZEOX") (TSX VENTURE:ZOX) (FRANKFURT:ZED), is pleased to announce that it has
reached a comprehensive resolution to several pending matters:




--  Amended the Advanced Zeolite Supply Agreement with Logician Minerals
    ("Logician"). The Amendment provides structural and pricing enhancements
    that has allowed Logician to submit its first purchase order, for
    delivery in early February, 2010. 
    
--  Dismissal of the lawsuit between Nanostructured Materials Corporation,
    Zeox Corporation and Zeox's previous CEO, LuVerne E. W. Hogg. 
    
--  Zeox Corporation has agreed to return, to Logician, all of its Logician
    Minerals shares. The value of these shares were written off during the
    Company's fiscal 4th Quarter, 2009. 
    



"We are very pleased to have these issues behind us. The steps taken allow both
companies to benefit from the substantial demand, in Asia, for water treatment",
stated Gerry Spindler, Chairman & CEO.


For a more complete business and financial profile of the Company, management
encourages interested parties to view the Company's documents posted on
www.sedar.com.


On behalf of the Board of Directors

Garold R. Spindler, Chairman and CEO

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