TSX Venture Exchange - Cease Trade Order

    VANCOUVER, Feb. 4 /CNW/ -

    BULLETIN TYPE: Cease Trade Order
    BULLETIN DATE: February 4, 2009
    NEX Company

    A Cease Trade Order has been issued by the Alberta Securities Commission
on February 4, 2009, against the following Company for failing to file the
document indicated within the required time period:

    Symbol      Company              Failure to File                  Ending
    ("PST.H")   PsiNaptic Inc.       annual audited financial
                                      statements                    08/09/30
                                     management discussion &
                                      analysis                      08/09/30
                                     certification of annual
                                      filings                       08/09/30

    Upon revocation of the Cease Trade Order, the Company's shares will
remain suspended until the Company meets TSX Venture Exchange requirements.
Members are prohibited from trading in the securities of the company during
the period of the suspension or until further notice.

For further information:

For further information: Market Information Services at 1-888-873-8392,
or email: information@tsxventure.com

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