Quantum Yield withdraws offer for Pulse Data

    CALGARY, June 29 /CNW/ - Quantum Yield Inc. ("Quantum") reports today
that it has withdrawn its Offer dated June 19, 2007 to the shareholders of
Pulse Data Inc. ("Pulse") (TSX: PSD) to acquire by way of take-over bid all of
the common shares of Pulse. Since the Offer was commenced, Quantum has become
aware that not all of the conditions of the Offer will be met and, as a
result, has withdrawn the Offer.

    This news release contains forward-looking statements. Such
forward-looking statements or information are based on a number of assumptions
which may prove to be incorrect. Although Quantum believes that the
expectations reflected in such forward-looking statements or information are
reasonable, undue reliance should not be placed on such forward-looking
statements because Quantum can not give assurance that such expectations will
prove to be correct. The forward-looking statements or information contained
in this news release are made as of the date hereof and Quantum does not
undertake any obligation to update publicly or revise any forward-looking
statements or information, unless so required by applicable securities laws.

For further information:

For further information: Jim Durward at (403) 689-3901 or email:

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