Lawsuit against Clemex Technologies Inc.

    Symbol: CXG.A-CDNX
    Shares Outstanding: 20,843,810

    Clemex denies the merits of the allegations and intends to vigorously
    defend itself

    LONGUEUIL, QC, Aug. 12 /CNW Telbec/ - Clemex Technologies Inc. (the
Company) or (Clemex), announces that Karol Brassard, a shareholder of the
Company, has filed a lawsuit in the Quebec Superior Court, District of
Montreal, and is claiming oppression and seeking damages against Clemex and
its Board of Directors. The plaintiff allege oppressive acts by the company,
and its Board of Directors in reference to the closing of a Private Placement
on August 1 2008 and requests, amongst other actions, that the defendants buy
its 4,193,300 shares in the share capital of Clemex for a sum of $1,467,655
or, subsidiary, the payment of such amount.
    The company categorically denies the merits of the allegations claimed
and intends to vigorously defend itself against this lawsuit.

    About Clemex Technologies, Inc.

    Clemex Technologies Inc. develops, manufactures and markets image
analysis systems and software used by quality control and research microscopy
laboratories. Clemex's customer base spans over many countries in America,
Europe, Asia and encompasses major Research and Development Centers,
prestigious Universities and large manufacturing industries in various fields
including automotive, aerospace, raw materials manufacturing, pharmaceuticals,
mining and other sectors.

    The CDNX has not reviewed and does not accept responsibility for the
    adequacy and accuracy of this news release.

For further information:

For further information: Clément Forget, Clemex Technologies Inc, (450)

Organization Profile

Clemex Technologies Inc.

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