Imaflex announces the closing of an equity financing

    Stock Symbol: IFX.A

    MONTREAL, Dec. 19 /CNW Telbec/ - Imaflex Inc. (Symbol IFX.A: TSX-V)
("Imaflex") is pleased to announce that it has closed an equity financing of
2,000,000 Class A shares at a price of $0.25 per Class A share for gross
proceeds of $500,000.
    The proceeds of the financing will be used for small capital expenditures
and for working capital purposes.
    The financing is subject to final TSX Venture Exchange acceptance for
filling. All securities issued in connection with the financing will be
subject to a four-month and one day hold period which expires on April 20,
2009.

    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.

For further information: Imaflex Inc.: Joseph Abbandonato, President and
C.E.O; Robert Nagy, CMA, CIA - Corporate Controller, [phone], Fax:
[phone], [e-mail]; www.imaflex.com