MONTREAL, QUEBEC (TSX: MNY) announced today that it has sought protection from its creditors under the Bankruptcy and Insolvency Act by filing a notice of intention to make a proposal to its creditors. Following this filing, all directors have resigned.

About Mindready

Mindready Solutions Inc. is a supplier of innovative solutions for test and embedded systems serving the defense/aerospace, automotive/transportation and telecommunications markets from design to manufacturing. More information about Mindready and its products, systems and engineering services can be found at www.mindready.com.

Contacts: Demers Beaulne Inc. Stephane Lachance CA, CIRP 514-878-0280

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