DEQ Issues Stock Options
30 Novembre 2007 - 11:48PM
Marketwired
LEVIS, QUEBEC announces today the issuance of 800,000 stock
options in accordance with the stock option plan of the Corporation
to directors, officers and employees.
Each of the six (6) board members has been granted 75,000 stock
options, for a total of 450,000 stock options. Each option will
confer to its holder the right to subscribe one (1) common share of
DEQ Systems Corp. at an exercise price of one dollar forty five
cents ($1.45) per share. Stock options are fully vested as of the
date of grant.
Also, 350,000 stock options have been issued to certain officers
and employees of the Corporation. Francois Proulx, COO & CFO -
Marco Estrela, Chief Marketing Officer - Paul Omohundro, Vice
President, Partner Sales - Genevieve Cossette, Vice President,
Legal Affairs and Cindy Knowlton, Chief Compliance Officer, were
each granted 50,000 stock options for a total of 250,000 stock
options. The remaining 100,000 stock options were granted to
certain employees. Each option will confer to its holder the right
to subscribe one (1) common share of DEQ Systems Corp. at an
exercise price of one dollar forty five cents ($1.45) per share.
Stock options will be vested 20% per year over a five-year term
starting on the first anniversary date of grant.
ABOUT DEQ
Founded in 1998, DEQ Systems Corp. (TSXV: DEQ) is a leader in
the table game bonusing technology field. DEQ's patents, products
and features include side bet bonusing games with progressive and
random jackpot prizes, slot machine style mystery bonusing,
multiple credit and denomination betting flexibility, dealer hand
betting, electronic credit bank, electronic rake, baccarat hand
tracking, multimedia animation and sound effects. DEQ has an
extensive patent portfolio that is recognized in more than 50
countries such as the USA, Macau, Australia and Canada. DEQ's
bonusing solutions and products are present in more that 200
casinos in over 30 countries.
DEQ Systems Corp. has been selected in the TSX Venture 50 in
2007. "2007 Venture 50" is a trademark of TSX inc. and is used
under license.
Forward-looking statements contained in this Press Release
involve known and unknown risks, uncertainties and other factors
that may cause actual results, performance and achievements of the
Company to be materially different from any future results,
performance or achievements expressed or implied by the said
forward-looking statements.
TSX Venture does not accept any responsibility regarding the
accuracy of the information contained in this press release.
Contacts: DEQ Systems Corp. Earle G. Hall President & CEO
418-839-3012 418-839-5956 (FAX) earle.hall@deq.com DEQ Systems
Corp. Francois Proulx Chief Operating Officer & Chief Financial
Officer 418-839-3012 418-839-5956 (FAX) francois.proulx@deq.com
www.deq.com
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