Extenway: Grant of Options to Directors and Officers
November 26 2008 - 3:16PM
Marketwired
Extenway Solutions inc. ("Extenway" or the "Corporation") (TSX
VENTURE: EY) announces that pursuant to the Stock options plan
approved by the shareholders at the last shareholders meeting held
on November 6, 2008 (the "Plan"), Mario Pelletier, a consultant and
an officer of the Corporation, has been granted options allowing
the subscription of a maximum of 900,000 Common Shares of the
Corporation, at a price of $ 0,10 per Share. The expiry date of
these options is November 6, 2013.
Also, the directors of Extenway (Messrs Richard Laferriere, John
McAllister and Lorne Zakaib as well as Mrs Carolyne Lassonde) and
Mr David Brown, Chief financial officer of Extenway, have been
granted options allowing them to subscribe a maximum of 1,400,000
Common Shares of the Corporation, at a price of subscription of $
0,10 per Share. With the exception of one officer, to whom a salary
is paid, the grant of these 1,400,000 options to its directors and
officers constitutes the sole remuneration for their work in this
quality at Extenway. The expiry date of these options is November
21, 2013.
After the grant of these options as a whole, 2,739,300 Common
Shares are available for issuance under the Plan.
About Extenway Solutions Inc.
Extenway is a trusted provider of media, connectivity and
communications solutions serving the hospitality and healthcare
industries. The company's services include Interactive Television
Solutions, Bedside Terminal Solutions, as well as Internet,
entertainment, Content, Marketing, Advertising Media, Education and
Integration Solutions. Extenway enables guest-centric organizations
get connected, informed and entertained. For more information,
visit www.extenway.com.
Disclaimer - Safe Harbour Forward -Looking Statements
Certain statements contained in this press release constitute
forward-looking statements. These forward-looking statements relate
to the future financial conditions, results of operations or
business of the Company. These statements may be current
expectations and estimates about the markets in which Extenway
Solutions Inc. operates and management's beliefs and assumptions
regarding these markets. These statements are subject to important
risks and uncertainties which are difficult to predict and
assumptions which may prove to be inaccurate. The results or events
predicted in forward-looking statements may differ materially from
actual results or events. The Company disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events, or
otherwise. In particular, forward-looking statements do not reflect
the potential impact of any merger, acquisitions or other business
combinations or divestitures that may be announced or completed
after such statements are made.
The TSX Venture Exchange Inc. does not accept responsibility for
the adequacy or accuracy of this release.
Contacts: Extenway Solutions Inc. Mr. John McAllister President
and CEO 514-694-1916 514-694-4280 (FAX)