ALERT B&C Corporation announces aproval of amended stock option plan and issuance of stock options



    LAVAL, QC, March 28 /CNW Telbec/ - ALERT B&C Corporation (the
"Corporation") (TSX Venture Exchange: ACB) announces that its amended stock
option plan has been approved and stock options issued to directors and
officers of the Corporation.
    ALERT B&C approved at its last annual and special meeting of shareholders
on March 19, 2008, amendments to its stock option plan, "the Stock Option
Plan". These amendments comprised increasing the number of common shares that
may be issued under the plan from 3,465,241 to 9,920,772 common shares,
representing 20% of all issued and outstanding common shares as at
February 13, 2008, setting mandatory vesting schedules permitting the shares
to be released equally on a quarterly basis or 18 months period and proceeding
with any other amendments requested from the TSX Venture Exchange to comply
with the terms of its Policies including the addition of restrictions related
to the issuance of options to holders providing investors services and a
5% limit on grant over a 12-month period for any option holders.
    Alert B&C Corporation pursuant to the terms and conditions of the Stock
Option Plan has granted an aggregate of 2,780,195 stock options to directors
and officers. The stock options were issued at an exercise price of $0.14 and
expire in five years.

    About the Corporation

    Founded in 1995, the Corporation is a BioDefence company dedicated to
supplying the BioDefence market with high quality technologies, products and
solutions, in order to improve and maintain the safety and the security of
individuals worldwide. For more information about the Corporation visit our
new website at www.alertbc.com.
    This press release contains forward-looking statements, which reflect the
Corporation's current expectations regarding future events. The
forward-looking statements involve risks and uncertainties. Actual events
could differ materially from those projected herein. Investors should consult
the Corporation's quarterly filings and annual reports for additional
information on risks and uncertainties relating to these forward-looking
statements. The reader is cautioned not to rely on these forward-looking
statements. The Corporation disclaims any obligation to update these
forward-looking statements

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this press release.
    %SEDAR: 00012523E




For further information:

For further information: Investor relations: Dr. Suzanne L. Lebel,
Chairman& Executive Vice-President, ALERT B&C Corporation, (450) 688-4499,
Fax: (450) 688-9100, info@alertbc.com; Mr. Kurt Soost, President & CEO, ALERT
B&C Corporation, (866) 802-0366 (CAN), (403) 802-0366, Fax: (403) 802-0766,
info@alertbc.com; Media relations: Jean-Pierre Trudel, President, Jean-Pierre
Trudel & Associates Inc., (514) 347-6111, Fax: (514) 693-1253,
jp.trudel@videotron.ca

Organization Profile

ALERT B&C CORPORATION

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890