ENA Enablence Technologies Inc

Enablence Technologies Inc. ("Enablence" or the "Company") (TSX VENTURE:ENA), a
leading supplier of optical components and subsystems for access, metro and
long-haul markets, announced that it has granted options to several employees,
directors and officers of the Company.


The Board of Directors has granted options to non-employee directors, officers,
employees and consultants to acquire a total of 9,340,000 shares of the Company.
The options were granted to certain non-employee directors (1,650,000), certain
officers (3,500,000), consultants (650,000) and employees (3,540,000). The
options were granted in accordance with the Corporation's Amended and Restated
Stock Option Plan, except in respect of vesting of options granted to
non-employee directors and officers which vest over a two year period, at 50% on
each of the first and second anniversaries of the date of grant. 


The options have an exercise price of $0.15 (being the price of the recently
announced strategic financing) and the options are exercisable on or before June
19, 2024. 


About Enablence Technologies Inc.

Enablence is a publicly traded company that designs, manufactures and sells
optical components and subsystems to a global customer base. It utilizes its
patented technologies, including planar lightwave circuit ("PLC") intellectual
property, in the production of an array of photonic components and broadband
subsystems that deliver a key portion of the infrastructure for current and
next-generation telecommunication systems. The Company's product lines address
all three segments of optical networks: access - connecting homes and businesses
to the network; metro - communication rings within large cities; and long-haul -
linking cities and continents. For more information, visit www.enablence.com.


Forward-looking Statements

This press release may contain forward-looking statements regarding
expectations, forecasts and assumptions which involve risks and uncertainties
associated with our business and the economic environment in which the business
operates. All such statements are made pursuant to the 'safe harbour' provisions
of, and are intended to be forward-looking statements under, applicable Canadian
securities legislation. Any statements contained herein that are statements of
historical facts may be deemed to be forward-looking statements. By their
nature, forward-looking statements require us to make assumptions and are
subject to inherent risks and uncertainties. We caution our readers of this
press release not to place undue reliance on our forward looking statements as a
number of factors could cause actual results or conditions to differ materially
from current expectations. Please refer to the risks set forth in the Company's
continuous disclosure documents that can be found on SEDAR www.sedar.com.
Enablence does not intend, and disclaims any obligation, except as required by
law, to update or revise any forward looking statements whether as a result of
new information, future events or otherwise.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Enablence Technologies Inc.
Louis De Jong
Chairman
+1 613 656-2850 ext. 0
www.enablence.com

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