• Clemex reviews various strategic options to further enhance shareholder value

    15/01/2008 12:00:00 AM Tuesday, January 15, 2008 - Clemex Technologies Inc, (Clemex or the "Company") (TSX Venture: CXG.A) announces that it is initiating a review of various strategic options to further enhance shareholder value. These options include, but are not limited to, looking for a possible acquirer or partner with a view to a merger or acquisition of the Company.

    The Board of Directors of the Company has created an independent Strategic Orientation Committee which has been mandated to perform such review of the options. The Committee will retain an exclusive financial advisor to assist in the review. There can be no assurance that the review will result in any specific strategic or financial transactions and no timetable has been set for its completion.

    The Company intends to make no further announcements or comment unless the circumstances so warrant. About Clemex Technologies, Inc.

    Clemex Technologies Inc. develops, manufactures and markets image analysis systems and software used by quality control and research microscopy laboratories. Clemex’s customer base spans the globe and encompasses prestigious Universities and Research Centers in many scientific domains, large and medium size manufacturing facilities in numerous industries including automotive, aerospace, raw materials manufacturing, pharmaceuticals, mining and other sectors.