Active Control Technology financing oversubscribed



    TSX-V: ACT

    TORONTO, Nov. 5 /CNW/ - Active Control Technology Inc. (TSX-V:ACT)
announced today that it has received subscriptions for a total of 5,176,000
units of the corporation at a price of $0.50 per unit, for gross proceeds of
$2,588,000. Consequently, ACT has increased its private placement offering
announced on Nov. 2, 2007 by $588,000.
    Each unit will consist of one common share of the corporation and one
share purchase warrant. Each warrant will entitle the holder to acquire an
additional common share at $0.90 per share for two years from closing. It is
anticipated that the private placement will close on Nov. 9, 2007. The funds
will be used for general working capital.
    ACT will pay a finder's fee of 7 percent cash plus 10 percent
compensation warrants to Aberdeen Gould Inc. ("AGI") as finder. Each
compensation warrant entitles AGI to purchase one unit on the same terms as
the offering for two years from closing.

    The transaction set out herein is subject to approval from the TSX
    Venture Exchange.

    About Active Control Technology

    ACT designs and markets wireless network control and communication
systems for buildings and extreme environments. Located in Burlington,
Ontario, Canada, the company trades publicly on the TSX Venture Exchange under
the symbol ACT. For more information, visit the company's website at
www.activecontrol.com.

    
                           We make wireless work.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.
    

    Cautionary Note Regarding Forward-Looking Statements:

    This press release contains forward-looking statements that involve risks
and uncertainties, which may cause actual results to differ materially from
the statements made. When used in this document, the words "may", "would",
"could", "will", "intend", "plan", "anticipate", "believe", "estimate",
"expect" and similar expressions are intended to identify forward-looking
statements. Such statements reflect our current views with respect to future
events and are subject to such risks and uncertainties. Many factors could
cause our actual results to differ materially from the statements made,
including those factors discussed in filings made by us with the Canadian
securities regulatory authorities. Should one or more of these risks and
uncertainties, occur or should assumptions underlying the forward looking
statements prove incorrect, actual results may vary materially from those
described herein as intended, planned, anticipated, or expected. We do not
intend and do not assume any obligation to update these forward-looking
statements. The reader is cautioned not to put undue reliance on such
forward-looking statements.

    %SEDAR: 00007946E




For further information:

For further information: Active Control Technology, Steve Barrett,
President & C.E.O., (905) 670-5500 ext. 202, sbarrett@activecontrol.com; Don
Hogarth, Hogarth Communications Inc., (416) 565-8920, don@hogarthpr.com

Organization Profile

ACTIVE CONTROL TECHNOLOGY INC.

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