TORONTO, Feb. 28 /CNW/ - On February 27, 2008, Mr. Dean Thrasher
delivered his statement of defence in respect of the claim commenced against
him and others on January 18, 2008 in the Ontario Superior Court by Mint
Technology Corp., Mint Inc. and Mint Commerce Inc. (the "Mint Companies"). Mr.
Thrasher and Mr. Elensky unconditionally deny the frivolous and unwarranted
allegations made against them by the Mint Companies. They intend to move for
summary judgment dismissing the claims, as soon as possible. Mr. Thrasher and
Mr. Elensky have informed Mint Technology Corp. that they specifically reserve
their right, upon due consideration of the damage done to them by Mint
Technology Corp.'s inappropriate and reckless press release announcing the
lawsuit, to commence proceedings against Mint Technology Corp. and certain of
its officers claiming substantial damages for defamation.
For further information:
For further information: Dean Thrasher, (905) 334-0413