Isacsoft Inc. shareholders approve the amalgamation with a company controlled by Ronald Brisebois - Isacsoft shareholders to receive $0.33 per share



    MONTREAL, June 27 /CNW Telbec/ - Isacsoft Inc. (TSX-V: ISF) ("Isacsoft")
announced today that its shareholders have approved the amalgamation announced
on May 27, 2008 with 4468783 Canada Inc. ("BriseboisCo"), a company controlled
by Ronald Brisebois, the President, Chief Executive Officer and Chairman of
the Board of Directors of Isacsoft (the "Board") (the "Amalgamation"). Under
the Amalgamation, the shareholders of Isacsoft (the "Shareholders") will
receive for each common share of Isacsoft (the "Share") they hold, an amount
of $0.33 per Share (the "Offer Price"). The Amalgamation values Isacsoft's
equity at approximately $4.2 million on a fully diluted basis.
    The Amalgamation resolution was approved by 91,26% of the votes cast by
holders of Isacsoft shares and by 87,85% of the votes cast by minority
Shareholders.
    Closing of the Amalgamation is expected to occur on July 1, 2008. Upon
the Amalgamation becoming effective, Isacsoft will deliver to the depositary
sufficient funds to enable the depositary to make the payments of the offer
price.
    Following the transaction, Isacsoft will continue to be headquartered in
Montreal under the Isacsoft name. Ronald Brisebois will be the sole director
and officer of the amalgamated corporation.

    Profile
    -------

    Isacsoft is a provider of software business solutions, information
technology-training and systems integration consulting to its national and
international customers. The revenue model is based on software licences,
recurring revenues and strategic projects targeting key customers. Isacsoft is
headquartered in Montréal, Canada with offices in Paris, London, Cologne and
The Hague.

    Forward-Looking Statements
    --------------------------

    Some of the statements made in this release may constitute
forward-looking information or statements within the meaning of securities
laws. These statements are based on certain factors and assumptions, which
Isacsoft and BriseboisCo believe are reasonable as of the current date. While
Isacsoft and BriseboisCo consider these assumptions to be reasonable based on
information currently available to us, they may prove to be incorrect.
Isacsoft and BriseboisCo caution that actual future performance could be
affected by a number of factors, including technological change, regulatory
change and competitive factors, many of which are beyond Isacsoft and
BriseboisCo currently foresee. While Isacsoft and BriseboisCo may elect to,
they are under no obligation (and expressly disclaim any such obligation) and
do not undertake to update or alter this information.




For further information:

For further information: Claude Gobeil, Vice-President Finance and CFO,
(514) 282-7073, ext. 299, Claude.Gobeil@isacsoft.com

Organization Profile

ISACSOFT INC.

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