Espial Group Inc. Announces Changes to the Board of Directors

OTTAWA, ONTARIO--(Marketwire - Dec. 24, 2007) - Espial Group Inc. ("Espial" or the "Company"), (TSX:ESP), a leader in the delivery of IPTV middleware and applications, today announced that Charles Chi has resigned from the Board of Directors of the Company, effective immediately. On behalf of the Company and its Board of Directors, Jaison Dolvane, President and CEO of Espial, would like to thank Mr. Chi for his many years of valued contribution as a Director of the Company. "Charles has been a member of our Board since 2000 and he has played a significant role in the evolution of the Company" Dolvane commented.

Espial today also announced that Pierre Donaldson has been appointed by the Board to replace Chi as a Director of the Company. Donaldson is a Partner at JLA Ventures which is a major shareholder of the Company. Over the past 22 years he has acquired extensive experience in the software and high-tech industries in executive roles across several companies, including president and CEO of Bioscrypt Inc. He led an important acquisition when the company, then Mytec, acquired a major competitor, Biometric Identification Inc. The two companies merged to become Bioscrypt Inc., a leading North American biometric software firm. From 1998 - 2000 Donaldson was executive vice-president, worldwide field operations, for the Descartes Systems Group Inc., a provider of business-to-business Internet logistics solutions. Prior to this Donaldson was vice-president, sales and marketing for Treasury Services Co. (acquired in 1997 by Oracle Corporation) which is a supplier of information management software. As well, he has also served as president and CEO of Virtual Prototypes Inc., and held several senior management positions with Dun & Bradstreet Software Corporation. Mr. Donaldson received his Bachelor of Commerce from the Hautes Etudes Commerciales at the University of Montreal.

About Espial

Espial provides IPTV middleware and applications that enable superior quality of experience, fast application performance, carrier-grade scalability, and open extensibility, all at a lower total cost of ownership. Espial's Evo(R) IPTV Service Platform, which can be purchased as modular components or as part of a pre-integrated client-server solution, includes Evo Client, Evo Server, Evo Browser, Evo BML Browser, Evo Future-Proof Framework(TM), Evo SkinTones(TM) and applications such as Electronic Program Guide, Video on Demand, Digital Video Recorder, Content Portal, Games, and Triple Play.

JumpTV Inc.: Purchase of Own Shares

TORONTO--(Marketwire - December 24, 2007) - JumpTV Inc. (AIM: JTV) (TSX: JTV) announces, pursuant to AIM disclosure requirements, that in connection with the Company's announced normal course issuer bid which commenced on Thursday, August 23, 2007, that on December 21, 2007 the Company acquired 45,900 common shares at an average price of Cdn$2.23 per share. The shares purchased will be cancelled and the number of common shares outstanding as at today's date, giving effect to this cancellation, is 49,129,004.

Net1 Provides Further Update on Sassa Tender Process

JOHANNESBURG, SOUTH AFRICA--(Marketwire - Dec. 21, 2007) - Net 1 UEPS Technologies Inc. ("Net1" or the "Company") (NASDAQ:UEPS) today announced that it has received a Notice to Bidders from the South African Social Security Agency ("SASSA") in terms of which all Bidders are required to provide SASSA with further details of their financial proposals in a standard format provided in the Notice to Bidders by no later than December 28, 2007. We intend to submit the required information in accordance with the Notice to Bidders and our response to the Request for Proposal.


Net1 provides its universal electronic payment system, or UEPS, as an alternative payment system for the unbanked and under-banked populations of developing economies. The Company believes that it is the first company worldwide to implement a system that can enable the estimated four billion people who generally have limited or no access to a bank account to enter affordably into electronic transactions with each other, government agencies, employers, merchants and other financial service providers. To accomplish this, the Company has developed and deployed the UEPS. This system uses secure smart cards that operate in real-time but offline, unlike traditional payment systems offered by major banking institutions that require immediate access through a communications network to a centralized computer. This offline capability means that users of Net1's system can enter into transactions at any time with other cardholders in even the most remote areas so long as a portable offline smart card reader is available. In addition to payments and purchases, Net1's system can be used for banking, health care management, international money transfers, voting and identification.

The Company also focuses on the development and provision of secure transaction technology, solutions and services. The Company's core competencies around secure online transaction processing, cryptography and integrated circuit card (chip/smart card) technologies are principally applied to electronic commerce transactions in the telecommunications, banking, retail, petroleum and utilities market sectors. These technologies form the cornerstones of the "trusted transactions" environment of Prism, a South African based subsidiary of the Company, and provide the Company with the building blocks for developing secure end-to-end payment solutions.

AccelRate Power Systems Inc.: Granting Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 21, 2007) - AccelRate Power Systems (TSX VENTURE:APS)(FRANKFURT:KCG) announced today that pursuant to its 2007 Stock Option Plan, AccelRate has granted stock options to purchase up to an aggregate of 1,635,000 common shares in the capital stock of AccelRate at any time until December 24, 2012, at an exercise price of $0.22 per share.

The stock options and any shares acquired upon exercise of the stock options shall be subject to the required four-month hold period pursuant to the policies of the TSX Venture Exchange.

ACCELRATE POWER SYSTEMS INC.

Reimar Koch, President and CEO

This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not undertake any duty to update any forward-looking statements.

Zarlink Notified of Noncompliance With NYSE Continued Listing Standard

OTTAWA, CANADA--(Marketwire - Dec. 21, 2007) - Zarlink Semiconductor Inc. (TSX:ZL)(NYSE:ZL) today announced that on December 18th, 2007 it was notified by NYSE Regulation, Inc. that the Company was not in compliance with one of the New York Stock Exchange ("NYSE") continued listing requirements, due to the fact that the average closing price of the Company's common shares was less than US$1.00 over a consecutive 30-day trading period.

Zarlink must notify NYSE Regulation by January 2, 2008 of its intention to cure this deficiency. If at the end of a six-month cure period, both a US$1.00 share price and a US$1.00 average share price over the preceding 30 trading days are not attained, the NYSE will commence suspension and delisting procedures. The Company is reviewing its options with a view to remedying the listing deficiency.

Beginning December 24, 2007 the NYSE will make available on its consolidated tape an indicator (".BC") to reflect that the Company is below the NYSE's quantitative continued listing standards.

About Zarlink Semiconductor

For over 30 years, Zarlink Semiconductor has delivered semiconductor solutions that drive the capabilities of voice, enterprise, broadband and wireless communications. The Company's success is built on its technology strengths including voice and data networks, optoelectronics and ultra low-power communications. For more information, visit www.zarlink.com.

Shareholders and other individuals wishing to receive, free of charge, copies of the reports filed with the U.S. Securities and Exchange Commission and Regulatory Authorities, should visit the Company's web site at www.zarlink.com or contact Investor Relations.

Liberty Media Corporation Completes Acquisition of FUN Technologies Inc.

ENGLEWOOD, COLORADO and TORONTO, ONTARIO --(Marketwire - Dec. 21, 2007) - Liberty Media Corporation (NASDAQ:LCAPA)(NASDAQ:LCAPB)(NASDAQ:LINTA)(NASDAQ:LINTB) ("Liberty") and FUN Technologies Inc. ("FUN") (TSX:FUN)(AIM:FUN) today announced the completion of the previously announced arrangement (the "Arrangement") under which Liberty Genius, Inc., an indirect wholly-owned subsidiary of Liberty, acquired all of FUN's issued and outstanding common shares for a cash price of GBP 1.75 per share, without interest. Under the Arrangement, registered FUN shareholders with Canadian addresses reflected on FUN's common share register will instead receive CDN$3.50 (without interest), representing the Canadian dollar equivalent of the GBP 1.75 consideration, based on the exchange rate in effect at the close of trading on the second business day prior to the completion of the transaction.

It is expected that FUN's common shares will be de-listed from the Toronto Stock Exchange at the close of business on December 24, 2007, and will be cancelled from admission on the AIM Market of the London Stock Exchange at 7:00 am (London time) on December 27, 2007, provided that the last trading day for FUN's common shares on AIM will be December 24, 2007.

About Liberty Media Corporation

Liberty Media Corporation owns interests in a broad range of electronic retailing, media, communications and entertainment businesses. Those interests are attributed to two tracking stock groups: the Liberty Interactive group, which includes Liberty's interests in QVC, Provide Commerce, IAC/InterActiveCorp, and Expedia, and the Liberty Capital group, which includes Liberty's interests in Starz Entertainment, News Corporation, and Time Warner. For more information, please see http://www.libertymedia.com.

About FUN Technologies

FUN Technologies Inc. is one of the world's leading providers of online and interactive casual and fantasy sports games and sports information. FUN is an indirect wholly-owned subsidiary of Liberty Media Corporation, and FUN's common shares are listed on both the Toronto Stock Exchange and the AIM Market of the London Stock Exchange under the symbol "FUN".

Minister Ritz Defers Interest on CAIS Overpayments

WINNIPEG, MANITOBA--(Marketwire - Dec. 21, 2007) - The Government of Canada has deferred collection of interest on overpayments under the Canadian Agricultural Income Stabilization (CAIS) program until December 31, 2008, which will benefit approximately 8,200 farmers who still have to repay CAIS funds. The announcement was made by the Honourable Gerry Ritz, Minister of Agriculture and Agri-Food and Minister Responsible for the Canadian Wheat Board.

"This will help all farmers but particularly those with cattle and hogs who are having a tough time right now," said Minister Ritz. "We are working side by side with industry and provinces to make sure we are doing everything possible with existing programs to offer some relief."

This announcement applies in provinces where the federal government delivers the program (British Columbia, Saskatchewan, Manitoba, Nova Scotia, New Brunswick, Newfoundland and Labrador and the Yukon territory). Collection of interest is also being deferred in Alberta, Ontario and Prince Edward Island, where the program is delivered provincially.

Farmers are encouraged to consider assistance available now through AgriStability and to enroll before the December 31, 2007 deadline. In particular, livestock farmers are encouraged to enroll so they can receive assistance to help them with the serious pressures they are facing. AgriStability will replace the coverage under the Canadian Agricultural Income Stabilization (CAIS) program for margin declines of more than 15 per cent.

Enrolment notices went out to farmers in mid-November. Those who have not yet received a notice can contact the program administration before the December 31 deadline for information on how to participate (see below). Farmers who did not participate in CAIS in 2006 are still eligible for 2007 AgriStability.

FUN Technologies Inc. Obtains Final Order Approving Arrangement With Liberty Media Corporation

TORONTO, ONTARIO--(Marketwire - Dec. 20, 2007) - FUN Technologies Inc. ("FUN") (TSX:FUN)(AIM:FUN) today announced that it has obtained a final order from the Ontario Superior Court of Justice approving the previously announced arrangement (the "Arrangement") under which Liberty Genius, Inc., an indirect wholly-owned subsidiary of Liberty Media Corporation, will acquire all of FUN's issued and outstanding common shares for GBP 1.75 per common share (or the Canadian dollar equivalent, as applicable), without interest. Assuming all other conditions to closing are satisfied or waived, the Arrangement is currently expected to be completed on Friday, December 21, 2007.

Subject to, and conditional upon, the closing of the Arrangement, it is expected that FUN's common shares will be de-listed from the Toronto Stock Exchange at the close of business on December 24, 2007, and that the cancellation for admission of FUN's common shares to trading on the AIM Market of the London Stock Exchange will take place at 7:00 am (London time) on December 27, 2007, provided that the last trading day for FUN's common shares on AIM will be December 24, 2007.

About FUN Technologies

FUN Technologies Inc. is one of the world's leading providers of online and interactive casual and fantasy sports games and sports information. FUN is 53% owned by Liberty Media Corporation (NASDAQ:LINTA)(NASDAQ:LCAPA), and FUN's common shares are listed on both the Toronto Stock Exchange and the AIM Market of the London Stock Exchange under the symbol "FUN."

Dr. Arlene Ponting Appointed to the Natural Sciences and Engineering Research Council of Canada

OTTAWA, ONTARIO--(Marketwire - Dec. 20, 2007) - The Honourable Jim Prentice, Minister of Industry and Minister responsible for the Natural Sciences and Engineering Research Council of Canada (NSERC), today appointed Dr. Arlene Ponting to the Council.

"Dr. Ponting's career in science, which has focused on scientific teaching and education, has provided her with a beneficial insight into NSERC's role," said Minister Prentice. "Through the work of the Council, NSERC continues to promote and advance natural sciences and engineering through investments in university students and professors. I welcome Dr. Ponting to the Council and know her contributions will be a benefit to all."

Dr. Ponting is currently Chief Executive Officer of the Science Alberta Foundation. She previously served as a consultant in the Educational Resources Department of the Southern Alberta Institute of Technology and then as Director of Continuing Pharmacy Education with the University of Alberta's Faculty of Pharmacy.

Dr. Ponting holds a Bachelor of Science (Pharmacy) and a Ph.D. (Educational Administration) from the University of Alberta. She is the recipient of the Alberta Centennial Medal, which recognizes outstanding service to the people and province of Alberta, and the Canadian Pharmaceutical Association Award of Achievement.

NSERC is a federal agency whose role is to make investments in people, discoveries and innovations for the benefit of all Canadians. The agency invests in people by supporting some 23 000 university students and postdoctoral fellows in their advanced studies. It promotes discovery by funding more than 11 000 university professors every year, and it helps make innovation happen by encouraging about 1300 Canadian companies to invest in university research and training. Over the past 10 years, NSERC has invested $6 billion in basic research, university-industry projects, and the training of Canada's next generation of scientists and
engineers.

Competition Bureau Reaches Agreement With Canada Pipe Company Ltd.

OTTAWA, ONTARIO--(Marketwire - Dec. 20, 2007) - The Competition Bureau announced today that it has filed a consent agreement with the Competition Tribunal in the Canada Pipe Company Ltd. case.

Under the terms of the agreement, Canada Pipe has agreed to implement a new rebate program that does not require participants to purchase cast iron drain, waste and vent products exclusively from Canada Pipe in order to qualify for discounts and rebates.

The new program will be offered to distributors as an alternative to Canada Pipe's existing loyalty program, which will continue to be offered to Canadian distributors. The programs relate to the supply of cast iron pipe, cast iron fittings and mechanical joint couplings for drain, waste and vent applications. These products are used in buildings to carry waste and drain water and to provide ventilation for drainage and waste systems.

"The structure of the new rebate program will allow for greater competition in the marketplace by providing more opportunities for entry and expansion by competing suppliers and more choices for distributors," said Sheridan Scott, Commissioner of Competition.

The Bureau initiated its inquiry following complaints that Canada Pipe was abusing its dominant position in markets across Canada through its loyalty program. Distributors were required to purchase all of their cast iron pipe, cast iron fittings and mechanical joint couplings for drain, waste and vent applications exclusively from Canada Pipe to obtain substantial discounts and rebates.

The matter was originally filed before the Competition Tribunal in October 2002. In February 2005, the Tribunal concluded that Canada Pipe had not abused its dominant position. The Bureau appealed this decision. In June 2006, the Federal Court of Appeal clarified the analysis of the exclusive dealing and abuse of dominance provisions of the Competition Act and sent the matter back to the Competition Tribunal for redetermination. This consent agreement concludes the Bureau's inquiry into this matter and the redetermination proceedings.

The Competition Bureau is an independent law enforcement agency. We contribute to the prosperity of Canadians by protecting and promoting competitive markets and enabling informed consumer choice.

The consent agreement can be found on the Competition Tribunal's Web site.

The Government of Canada Invests in Literacy and Helps People in Courtenay Gain Work Experience

COURTENAY, BRITISH COLUMBIA--(Marketwire - Dec. 20, 2007) - The Honourable Stockwell Day, Minister of Public Safety and Member of Parliament for Okanagan-Coquihalla, on behalf of the Honourable Monte Solberg, Minister of Human Resources and Social Development, today announced that the Government of Canada will provide funding to help unemployed individuals in Courtenay and the surrounding area gain work experience and improve literacy skills.

"Our government is creating the best educated, most skilled, and most flexible work force in the world," said Minister Day. "This project will help individuals in the Courtenay area gain practical work experience, and will provide local residents with opportunities to improve their literacy skills."

Through $74,140 in funding under the Job Creation Partnerships program, the Comox Valley Community Adult Literacy and Learning Society will gain four staff members, who will work to increase local literacy levels by creating a resource guide, conducting workshops, and organizing an awareness fair.

The Job Creation Partnerships program helps unemployed Canadians gain meaningful work experience that increases their chance of finding long-term employment. The program benefits both the participants and the local community.

This project reflects the Government of Canada's commitment to creating a strong economy for all Canadians. Through Advantage Canada, the Government is building on Canada's strengths and gaining a global competitive advantage by reducing taxes for all Canadians, increasing competition in the marketplace, and building modern infrastructure.

Earlier this year, the Government announced an additional $500 million a year for new training initiatives, including:

- funding to support literacy projects in the workplace;

- $28 million for the Enhanced Language Training Initiative, to help new Canadians improve their literacy skills so they can join the work force faster;

- $44 million for the Adult Learning, Literacy and Essential Skills Program, to support literacy and essential skills activities that have a tangible and lasting impact on learners; and

- funding to create the Office of Literacy and Essential Skills, which helps adult learners access the tools they need to improve their skills and find meaningful work.

Service Canada brings Government of Canada services and benefits together in a single delivery network. It provides Canadians with one-stop service they can access however they choose-by phone at 1 800 O-Canada, on the Internet at servicecanada.gc.ca, or in person at Service Canada Centres across the country.

NovAtel Inc. Voluntarily Delists from the Nasdaq Global Select Market

CALGARY, ALBERTA--(Marketwire - Dec. 20, 2007) - NovAtel Inc. (NASDAQ:NGPS) has voluntarily delisted from the Nasdaq Global Select Market effective today as a result of the completion of the compulsory acquisition of NovAtel's remaining outstanding common shares by Hexagon Canada Acquisition Inc., a wholly-owned direct subsidiary of Hexagon AB (OMX:HEXAB).

Hexagon AB is a global technology group with strong market positions within measurement technologies and polymers. Hexagon's vision is to be number one or number two in each strategic business area. The group has about 9,400 employees in 30 countries and net sales of about 14,000M SEK. For more information, visit www.hexagon.se.

NovAtel Inc. is a leading provider of precision Global Navigation Satellite System (GNSS) components and subsystems that afford its customers rapid integration of precise positioning technology. The Company's mission is to provide exceptional return on investment and outstanding service to its customers. An ISO 9001 certified company, NovAtel is focused on developing quality OEM products including receivers, antennas, enclosures and firmware that are integrated into high precision positioning applications worldwide. These applications include surveying, Geographical Information System (GIS) mapping, precision agriculture machine guidance, port automation, mining, marine and defence industries. NovAtel's reference receivers are also at the core of national aviation ground networks in the USA, Japan, Europe, China and India. The Company is committed to providing its customers with advanced positioning technology through significant R&D investment focusing on the modernized Global Positioning System (GPS), the revitalized Russian GLONASS and the emerging European Galileo satellite systems, as well as the integration of additional complementary technologies such as Inertial Measurement Units (IMUs). For more information, visit www.novatel.com.

$600 Million on the Way to Farmers: Federal and Provincial Governments Launch Agriinvest

OTTAWA, ONTARIO--(Marketwire - Dec. 20, 2007) - The Honourable Gerry Ritz, Minister of Agriculture and Agri-Food and Minister for the Canadian Wheat Board, today announced how the $600 million in federal kickstart funds will be delivered.

Federal, provincial and territorial governments have signed agreements to launch a new suite of business risk management programs for 2007. The new programs are moving forward under Growing Forward, the new policy framework for Canada's agriculture, agri-food and agri-based products industry and include:

- AgriInvest farmer accounts;

- AgriStability, an improved margin based program;

- AgriInsurance, which includes crop insurance and production insurance and is being expanded to include more commodities;

- AgriRecovery, a new disaster relief framework.

With agreements now in place to implement the new suite, $600 million in federal funds to kickstart new AgriInvest accounts is on the way to farmers.

"We have worked hard with provinces and industry to develop AgriInvest and I am pleased this program is now up and running with $600 million to kickstart new farmer accounts," said Minister Ritz. "This seals the deal on our commitment to replace CAIS with better programs."

With this announcement, the federal government is following through on a $1 billion commitment to improve farm financial programs. Close to $400 million has already been delivered to farmers through a direct payment to address high production costs.

With AgriInvest accounts, farmers make a deposit based on a percentage of allowable net sales of eligible commodities and receive a matching government contribution. Farmers have the choice to withdraw the money to cover small margin declines or for investments to mitigate risks or improve market income.

With today's announcement, Canada's government has completed the following commitments announced by Prime Minister Stephen Harper in March:

- AgriInvest is in place for 2007 and $600 million in federal funds to kickstart AgriInvest accounts is now being delivered.

- Initial kickstart deposits will be made to farmer accounts based on 2.63 per cent of a farmer's average Allowable Net Sales (ANS) from previous years. A final federal kickstart deposit may be made based on availability of funds.

- Farmers will not have to make a matching deposit to receive the money.

- The bulk of direct payments of $400 million to help address high production costs over the last four years have been delivered, and final payments are going to farmers now. To date, farmers have received $322 million.

- The Canadian Agricultural Income Stabilization (CAIS) program has been replaced with a new suite of business risk management programs which has been developed based on input from farmers.

Most farmers will automatically receive a letter with information on their share of the $600 million. For others, applications are available on the program web site or by calling 1-866-367-8506. (See attached backgrounder for details).

In Quebec, the program is delivered provincially. Farmers can contact La Financiere agricole du Quebec at 1-800-749-3646 for more information.


BACKGROUNDER

AgriInvest - What farmers need to know

AgriInvest is now in place for 2007 and a total of $600 million in federal funding will be delivered to farmers to kickstart their accounts.

How will AgriInvest work?

After filing their 2007 tax information in early 2008, farmers will receive a notice indicating how much they can deposit to their account. Farmers can deposit up to 1.5 percent of their Allowable Net Sales (ANS) into an AgriInvest account and receive a matching government contribution. For example, a farmer with $100,000 in ANS could deposit up to $1,500 and federal and provincial governments would make a matching contribution totaling $1,500.

Why participate in AgriInvest?

AgriInvest will replace the coverage for the top 15 per cent of margin decline covered previously by the Canadian Agricultural Income Stabilization (CAIS) program. The accounts will help farmers protect their farm income from small declines. Farmers will also have the flexibility to use the funds for risk mitigation and other investments. The program will be bankable, as farmers will be able to easily predict the government contribution to their account each year.

Who can participate?

Individuals, partnerships, co-operatives and corporations will be eligible participate. To be eligible, you must have reported farming income (or loss) to Canada Revenue Agency for tax purposes. Status Indians farming on reserves in Canada are eligible to participate in AgriInvest.

How can farmers apply?

Farmers will not have to provide additional information in order to participate in AgriInvest. For individual farmers, the application will be harmonized with the tax form in most provinces. In Quebec and for corporations, the application will be harmonized with the AgriStability application. Farmers simply need to indicate on the form that they intend to participate in AgriInvest.

How will ANS be calculated?

ANS are the net sales of commodities eligible under AgriInvest. Eligible commodities include most primary agricultural commodities except those covered under supply management (dairy, poultry and eggs) or specific commodities that have been excluded.



Allowable Net Sales Purchases
Sales equals of Eligible - of Eligible
Commodities Commodities

The ANS calculation allows farmers with mixed farms including supply managed commodities to make deposits for their non supply-managed sales.

Will there be a cap on government contributions?

For AgriInvest purposes, eligible participants will be limited to ANS of $1,500,000 per year. Based on this limit, the largest matching government contribution would be $22,500.

Will there be a limit on how much money can be held in the accounts?

For 2007, which is a transition year, account balance limits will not be in place. For 2008 and beyond, accounts will be limited to 25 per cent of a farmer's average ANS for the program year and the two preceding program years. If ANS was not calculated for one or more of these years, the limit will be calculated based on the average of years available.

How will AgriInvest funds be treated for tax purposes?

Money is deposited to two funds within a farmer's account. Farmer deposits are not tax deductible and are held in fund 1. Government contributions are held in fund 2 and would not be taxable until withdrawn and would be taxed as investment income.

How will farmers withdraw their funds?

Farmers will have the flexibility to withdraw funds either to address small margin declines or for investments to mitigate risk. Full details will be made available in early 2008. Governments will review whether withdrawal triggers should be in place for 2008 and subsequent contribution years.

Will accounts be held in financial institutions?

Governments are working with banks and credit unions to arrange for accounts to be held in financial institutions. In Quebec, La Financiere agricole du Quebec will hold these accounts.

When and how will farmers make their deposit for 2007?

Farmers will be notified of their maximum deposit amount after they have filed their 2007 tax information. Further details on the process for making a deposit will be available in early 2008.


BACKGROUNDER

AgriInvest Kickstart - What Farmers Need to Know

How will the AgriInvest Kickstart funds be delivered?

Farmers will receive a letter which tells them the amount of their kickstart benefit. In all provinces except Quebec, the $600 million is being delivered by the federal government.

Who is eligible?

To be eligible, farmers must have farmed in 2007 and must commit to participating in AgriInvest for the 2007 program year. Farmers do not have to make a deposit to be eligible for the kickstart funds.

Do I need to apply?

Eligible farmers who received a cheque under the $400 million cost of production payment this summer will automatically receive a letter and do not need to apply. For those who need to apply, forms are available on the program web site at www.agr.gc.ca/agriinvest or by calling 1-866-367-8506.

In Quebec, the program is delivered provincially. Farmers can contact La Financiere agricole du Quebec at 1-800-749-3646 for more information.

How will my benefit be calculated?

Deposits will be made to accounts based on 2.63 per cent of a farmer's average Allowable Net Sales (ANS) from previous years. An additional federal deposit may be made at a later date based on availability of funds.

ANS are sales of Eligible Commodities minus Purchases of Eligible Commodities in a year. Eligible commodities include most primary agricultural commodities except those covered under supply management (dairy, poultry, and eggs). Farmers who produce a mix of supply managed and other commodities are eligible to participate. The government contribution in these cases will be adjusted to reflect their share of the sales of non-supply managed commodities.

For most farmers, the share of kickstart funds will be based on average ANS from 2000 to 2004 inclusive. For those not farming in 2004 but farming in 2005 and 2006, the payment will be based on average ANS for the years they farmed. For those new to farming in 2007, the payment will be based on their ANS for 2007.

There is a cap on average ANS of $3 million, which means that a farmer's kickstart payment is capped at $78,900, based on the 2.63 per cent payment rate.

Can I withdraw the money?

Farmers will not have to make a matching deposit to receive the money. They have the option to either withdraw the funds or keep the funds on account. Until the AgriInvest program is fully implemented, there will be a limit on the number of withdrawals.

How can I find more information?

Check the AgriInvest web site at www.agr.gc.ca/agriinvest or call toll free
1-866-367-8506.

In Quebec, call La Financiere agricole du Quebec at 1-800-749-3646.

Finavera Renewables Grants Incentive Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 20, 2007) - Finavera Renewables Inc. ('Finavera Renewables' or the 'Company') (TSX VENTURE:FVR) announces that subject to TSX Venture Exchange approval, it has today granted 4,850,000 stock options to directors, officers, and employees. The options are exercisable for a period of 5 years and will allow the holder to purchase a share in the Company at a price of $0.185. Any shares issued on the exercise of these stock options will be subject to a four-month hold period from date of grant.

Jason Bak, CEO

About Finavera Renewables Inc. (www.finavera.com)

Finavera Renewables Inc. is dedicated to the development of renewable energy resources and technologies. The Company's objective is to become a major renewable and green energy producer by developing and operating its assets in the wind and wave energy sectors. Finavera Renewables Inc. is developing the licensed and patented 'AquaBuOY' wave energy technology, a device that is based on proven and sustainable buoy technology. The Company is developing wave energy projects for AquaBuOY use in the United States, Portugal, South Africa and Canada. The Company is also developing other wind energy projects in Canada and Ireland. In Canada, a two stage 150 MW project is being developed in Alberta. Construction on this advance stage project is estimated to begin in 2008 and provides for near term revenue. In British Columbia, four projects totaling 366 MW have been entered into the provincial Environmental Assessment process, and several other sites are being developed. In Ireland, two pre-construction wind projects are under development with a potential capacity of 175MW. Data collection and environmental studies have been continuing at a number of sites in both countries.

Funds for New Accounts on the Way to Quebec Farmers Federal and Provincial Governments Launch Agriinvest

OTTAWA, ONTARIO--(Marketwire - Dec. 20, 2007) - The Honourable Christian Paradis, Secretary of State for Agriculture, and Laurent Lessard, Quebec Minister of Agriculture, Fisheries and Food, today announced how $600 million in federal funds to kickstart AgriInvest accounts will be delivered.

Federal, provincial and territorial governments have signed agreements to launch a new suite of business risk management programs for 2007. The new programs are moving forward under Growing Forward, the new policy framework for Canada's agriculture, agri-food and agri-based products industry and include:

- AgriInvest farmer accounts;

- AgriStability, an improved margin based program;

- AgriInsurance, which includes crop insurance and production insurance and is being expanded to include more commodities;

- AgriRecovery, a new disaster relief framework.

With agreements now in place to implement the new suite, $600 million in federal funds to kickstart new AgriInvest accounts is on the way to farmers.

"We have worked hard with provinces and industry to develop AgriInvest and I am pleased this program is now up and running with $600 million to kickstart new farmer accounts," said Mr. Paradis. "This seals the deal on our commitment to replace CAIS with better programs."

"AgriInvest is a positive initiative for all agricultural producers of Quebec as it allows for a flexible program through which producers may themselves manage risks. AgriInvest is based on self-management, recognizing the good judgment of producers and the fact that they are the best placed to make appropriate decisions in cases where their income fluctuates," stated Mr. Lessard.

With this announcement, the federal government is following through on a $1 billion commitment to improve farm financial programs. Close to $400 million has been delivered through a direct payment to address high production costs, with $44.5 million delivered to Quebec farmers.

With Agri-Invest accounts, farmers make a deposit based on a percentage of allowable net sales (ANS) and receive a matching government contribution. Farmers have the choice to withdraw the money to cover small margin declines or make investments to mitigate risks or improve market income.

With today's announcement, the Government of Canada has completed the following commitments announced by Prime Minister Stephen Harper in March:

- AgriInvest is in place for 2007 and $600 million in federal funds to kickstart AgriInvest accounts is now being delivered.

- Initial kickstart deposits will be made to farmer accounts based on 2.63 per cent of a farmer's average Allowable Net Sales (ANS) from previous years. A final federal kickstart deposit may be made based on availability of funds.

- Farmers will not have to make a matching deposit to receive the money.

- The bulk of direct payments of $400 million to help address high production costs over the last four years have been delivered, and final payments are going to farmers now. To date, Canadian farmers have received $322 million.

- The Canadian Agricultural Income Stabilization (CAIS) program has been replaced with a new suite of business risk management programs which has been developed based on input from farmers.

Most farmers will automatically receive a letter from La Financiere agricole du Quebec containing information on their share of the $600 million. Other farmers can get application forms from the Web site of La Financiere, or by calling 1-800-749-3646 (see attached backgrounder for details).

BACKGROUNDER

AgriInvest - What farmers need to know

AgriInvest is now in place for 2007 and a total of $600 million in federal funding will be delivered to farmers to kickstart their accounts.

How will AgriInvest work?

After filing their 2007 tax information in early 2008, farmers will receive a notice indicating how much they can deposit to their account. Farmers can deposit up to 1.5 percent of their Allowable Net Sales (ANS) into an AgriInvest account and receive a matching government contribution. For example, a farmer with $100,000 in ANS could deposit up to $1,500 and federal and provincial governments would make a matching contribution totaling $1,500.

Why participate in AgriInvest?

AgriInvest will replace the coverage for the top 15 per cent of margin decline covered previously by the Canadian Agricultural Income Stabilization (CAIS) program. The accounts will help farmers protect their farm income from small declines. Farmers will also have the flexibility to use the funds for risk mitigation and other investments. The program will be bankable, as farmers will be able to easily predict the government contribution to their account each year.

Who can participate?

Individuals, partnerships, co-operatives and corporations will be eligible participate. To be eligible, you must have reported farming income (or loss) to Canada Revenue Agency for tax purposes. Status Indians farming on reserves in Canada are eligible to participate in AgriInvest.

How can farmers apply?

Farmers will not have to provide additional information in order to participate in AgriInvest. For individual farmers, the application will be harmonized with the tax form in most provinces. In Quebec and for corporations, the application will be harmonized with the AgriStability application. Farmers simply need to indicate on the form that they intend to participate in AgriInvest.

How will ANS be calculated?

ANS are the net sales of commodities eligible under AgriInvest. Eligible commodities include most primary agricultural commodities except those covered under supply management (dairy, poultry and eggs) or specific commodities that have been excluded.



Allowable Net Sales Purchases
Sales equals of Eligible - of Eligible
Commodities Commodities

The ANS calculation allows farmers with mixed farms including supply managed commodities to make deposits for their non supply-managed sales.

Will there be a cap on government contributions?

For AgriInvest purposes, eligible participants will be limited to ANS of $1,500,000 per year. Based on this limit, the largest matching government contribution would be $22,500.

Will there be a limit on how much money can be held in the accounts?

For 2007, which is a transition year, account balance limits will not be in place. For 2008 and beyond, accounts will be limited to 25 per cent of a farmer's average ANS for the program year and the two preceding program years. If ANS was not calculated for one or more of these years, the limit will be calculated based on the average of years available.

How will AgriInvest funds be treated for tax purposes?

Money is deposited to two funds within a farmer's account. Farmer deposits are not tax deductible and are held in fund 1. Government contributions are held in fund 2 and would not be taxable until withdrawn and would be taxed as investment income.

How will farmers withdraw their funds?

Farmers will have the flexibility to withdraw funds either to address small margin declines or for investments to mitigate risk. Full details will be made available in early 2008. Governments will review whether withdrawal triggers should be in place for 2008 and subsequent contribution years.

Will accounts be held in financial institutions?

Governments are working with banks and credit unions to arrange for accounts to be held in financial institutions. In Quebec, La Financiere agricole du Quebec will hold accounts.

When and how will farmers make their deposit for 2007?

Farmers will be notified of their maximum deposit amount after they have filed their 2007 tax information. Further details on the process for making a deposit will be available in early 2008.

FERC Grants Finavera Renewables First US License for Offshore Wave Energy

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 21, 2007) - Finavera Renewables Inc. ('Finavera Renewables' or the 'Company') (TSX VENTURE:FVR) is pleased to announce it has been granted an operating license for its Makah Bay Offshore Wave Pilot Project in Washington State by the United States Federal Energy Regulatory Commission (FERC). The license is the first ever issued by the Commission for a wave, tidal or current energy project in the United States.

Finavera Renewables CEO, Jason Bak, said, "This is a tremendous step forward for the development of wave energy in the United States. Our Makah Bay Offshore Pilot Project is designed to demonstrate the viability of wave energy technology and our project management abilities. This pilot project is an important part of the commercial development of wave energy in the United States. The Makah Indian Nation has been a strong partner in this project, and deserves credit for its vision and desire to tap into the incredible potential of ocean energy. We look forward to demonstrating the viability of this source of clean, renewable energy and to developing a strong business partnership with the Makah Nation and its Energy Enterprise."

"The Makah Nation is pleased to join with Finavera in a new energy venture - capturing electricity from the infinite wave energy power that results from the gravitational pull of the moon," said Ben Johnson Jr., Chairman of the Makah Tribal Council. "We look forward to generating renewable, carbon free energy for the Tribe's members and to growing our business relationship with Finavera to demonstrate this visionary technology," said Robert J. Martin, the Chief Executive Officer of the Makah Energy Enterprise.

The decision by FERC gives Finavera Renewables a conditional five-year license for the proposed project. The FERC license is conditional on the Company obtaining all additional federal and state permits before construction may begin. The Makah Bay Offshore Wave Energy Pilot Project will provide stakeholders, regulators and investors a tangible demonstration of the potential of wave energy. The license follows on the heels of Finavera Renewables and PG&E signing the industry's first purchase power agreement earlier this week.

In a FERC news release, FERC Chairman, Joseph T. Kelliher, said, "Hydrokinetic projects have tremendous potential. The issuance of today's license is a major step toward realizing that potential, by authorizing a pilot project to demonstrate this promising new technology."

The entire FERC news release on the decision is available at:

http://www.ferc.gov/news/news-releases/2007/2007-4/12-20-07-H-1.asp

Bak concluded, "We commend FERC for their hard work and diligence in this licensing process. We are committed to meeting the conditions in the license, including working with all stakeholders, including state, federal and tribal natural resource and environmental agencies, to satisfy their concerns. We've enjoyed a very effective working relationship with the other agencies and intend to uphold those relationships as we go forward."

Makah Bay Offshore Wave Pilot Project

The Makah Bay Offshore Wave Pilot Project will provide stakeholders, regulators and investors a tangible demonstration of the potential of wave energy. The project will be located in the Pacific Ocean in Makah Bay, 3.7 nautical miles offshore of Waatch Point in Clallam County, Washington.

Finavera Renewables filed an application to construct the offshore power plant with FERC in November 2006. The location was chosen for several reasons: participation of the Makah Indian Nation, depth proximity to shore, strong climate, shoreline transmission line, and electricity demand in coastal communities.

Jason Bak, CEO

About Finavera Renewables Inc. (www.finavera.com)

Finavera Renewables Inc. is dedicated to the development of renewable energy resources and technologies. The Company's objective is to become a major renewable and green energy producer by developing and operating its assets in the wind and wave energy sectors. Finavera Renewables Inc. is developing the licensed and patented 'AquaBuOY' wave energy technology, a device that is based on proven and sustainable buoy technology. The Company is developing wave energy projects for AquaBuOY use in the United States, Portugal, South Africa and Canada. One of those projects, in California, has secured a 2MW power purchase agreement with Pacific Gas and Electric. The Company is also developing other wind energy projects in Canada and Ireland. In Canada, a two stage 150MW project is being developed in Alberta. Construction on this advance stage project is estimated to begin in 2008 and provides for near term revenue. In British Columbia, four projects totaling 366MW have been entered into the provincial Environmental Assessment process, and several other sites are being developed. In Ireland, two pre-construction wind projects are under development with a potential capacity of 175MW. Data collection and environmental studies have been continuing at a number of sites in both countries.

The Government of Canada Helps More Than 2,000 People in the Lillooet Area Gain Skills and Jobs

LILLOOET, BRITISH COLUMBIA--(Marketwire - Dec. 20, 2007) - The Honourable Chuck Strahl, Minister of Indian Affairs and Northern Development, Federal Interlocutor for Metis and Non-Status Indians, and Member of Parliament for Chilliwack-Fraser Canyon, on behalf of the Honourable Monte Solberg, Minister of Human Resources and Social Development, today announced a three-year funding package for the Lillooet Friendship Centre Society to help unemployed workers in Lillooet and the surrounding area prepare for, find, and keep good jobs.

"Our government is proud to support community organizations, like the Lillooet Friendship Centre Society, that help unemployed individuals find and keep quality jobs," said Mr. Strahl. "Not only will our investment help more than 2,000 people in the Lillooet area who need employment and career assistance, but it will also benefit the local economy."

The Lillooet Friendship Centre Society will receive nearly $900,000 from Service Canada's Employment Assistance Services program. Through access to job-search facilities, job-search workshops, employment counselling, and employment-readiness programming and services, this project will help individuals get the skills they need to find and keep good jobs. In addition to the Government of Canada's funding, the Interior Salish Employment and Training Society is also contributing nearly $124,000 towards the project.

This project reflects the Government of Canada's commitment to creating a strong economy for all Canadians. Through Advantage Canada, the Government is building on Canada's strengths and developing a global competitive advantage by creating the best educated, most skilled, and most flexible work force in the world, reducing taxes for all Canadians, increasing competition in the marketplace, and building modern infrastructure.

Service Canada brings Government of Canada services and benefits together in a single delivery network. It provides Canadians with one-stop service they can access however they choose-by phone at 1 800 O-Canada, on the Internet at servicecanada.gc.ca, or in person at Service Canada Centres across the country.

This news release is available in alternative formats on request. Call 1-800-788-8282 on a touch-tone phone or through a teletypewriter (TTY).


BACKGROUNDER

Employment Assistance Services

The Employment Assistance Services (EAS) program provides funding to organizations that offer employment services to help clients re-enter the labour market. Funding for the EAS program was provided for in the March 2007 federal budget.

All unemployed Canadians have access to a range of services under the EAS program. However, some EAS offerings are available only to clients who are eligible to receive Employment Insurance (EI) benefits, or who have recently been receiving EI benefits.

Employment Assistance Services include providing clients with information about the labour market, help preparing resumes, career-planning services, employment counselling, diagnostic assessment, help with job-search skills, job-finding clubs, and job-placement services.

Eligible recipients of EAS funding are businesses (including federal Crown corporations and provincial/territorial Crown corporations), organizations, individuals, public health and educational institutions, municipal governments, and band/tribal councils, as well as some provincial/territorial government departments and agencies. These entities act as employers or service coordinators under the program.

This project has been reviewed to ensure compliance with Service Canada's administration of its grants and contributions programs, and is subject to review under the Financial Administration Act.

Public inquiries:
1 800 O-Canada (1-800-622-6232)
TTY: 1-800-926-9105
servicecanada.gc.ca

The Government of Canada Helps Residents of Surrey and Surrounding Areas Gain Skills and Jobs

SURREY, BRITISH COLUMBIA--(Marketwire - Dec. 20, 2007) - Nina Grewal, Member of Parliament for Fleetwood-Port Kells, on behalf of the Honourable Monte Solberg, Minister of Human Resources and Social Development, today announced funding for the Progressive Intercultural Community Services Society to help unemployed workers and immigrants in Surrey and the surrounding area prepare for, obtain, and maintain jobs.

"Our government is proud to support community organizations that help unemployed individuals find and keep quality jobs," said Ms. Grewal. "Not only will this funding help more than 300 newcomers and multicultural Canadians in the Surrey area who need employment and career assistance, but it will also benefit local employers and the local economy."

The Progressive Intercultural Community Services Society's Immigrant Job Club will receive $400,502 in funding through the Employment Assistance Services program. Through employment counselling, job-search workshops, and employment-readiness programming and services, this project will help more than 300 unemployed workers and immigrants gain the skills they need to find and maintain employment.

The Government of Canada has taken steps to ensure that newcomers to Canada can more fully participate in the labour market. Specifically, the Government:

- created the Foreign Credentials Referral Office to help internationally trained individuals find the information and access the services they need to put their skills to work quickly in Canada;

- reduced the Right of Permanent Residence Fee by 50 percent; and

- welcomed 250,000 more newcomers to the country in 2006.

Service Canada brings Government of Canada services and benefits together in a single delivery network. It provides Canadians with one-stop service they can access however they choose-by phone at 1 800 O-Canada, on the Internet at servicecanada.gc.ca, or in person at Service Canada Centres across the country.


BACKGROUNDER

Employment Assistance Services

The Employment Assistance Services (EAS) program provides funding to organizations that offer employment services to help clients re-enter the labour market. Funding for the EAS program was provided for in the March 2007 federal budget.

All unemployed Canadians have access to a range of services under the EAS program. However, some EAS offerings are available only to clients who are eligible to receive Employment Insurance (EI) benefits, or who have recently been receiving EI benefits.

Employment Assistance Services include providing clients with information about the labour market, help preparing resumes, career-planning services, employment counselling, diagnostic assessment, help with job-search skills, job-finding clubs, and job-placement services.

Eligible recipients of EAS funding are businesses (including federal Crown corporations and provincial/territorial Crown corporations), organizations, individuals, public health and educational institutions, municipal governments, and band/tribal councils, as well as some provincial/territorial government departments and agencies. These entities act as employers or service coordinators under the program.

This project has been reviewed to ensure compliance with Service Canada's administration of its grants and contributions programs, and is subject to review under the Financial Administration Act.

Public inquiries:
1-800-O-Canada (1-800-622-6232)
TTY: 1-800-926-9105
servicecanada.gc.ca

Canada Invests $5 Million to Boost Food Safety

BELLEVILLE, ONTARIO--(Marketwire - Dec. 20, 2007) - The Government of Canada is contributing $5 million to help establish an animal health and food safety vaccine production facility in Belleville, Ontario, at the Bioniche Life Sciences Inc. campus. The new facility will be the first of its kind in Canada, it will produce a new world-class vaccine for cattle, and it is expected to create up to 135 new jobs.

The announcement was made by Guy Lauzon, Parliamentary Secretary to the Minister of Agriculture and Agri-Food and to the Federal Economic Development Initiative for Northern Ontario, on behalf of the Honourable Gerry Ritz, Minister of Agriculture and Agri-Food and Minister for the Canadian Wheat Board.

"This project is the first to be funded under our Agri-Opportunities program, which our Government launched this year to help good ideas get from the drawing board into the market," said Parliamentary Secretary Lauzon. "This project will not only help ensure the safety of Canadian food and water, and create new jobs here in the Belleville region, but also help farmers to get premium prices for vaccinated cattle by selling their animals in specialized markets."

"This Government is standing up for producers across the country and right here in Prince Edward-Hastings," said local MP Daryl Kramp. "I am proud to be a part of an initiative that means better returns for our local farmers and safe food for Canadians."

The production facility will use an innovative technology to produce a vaccine designed to significantly reduce the levels of Escherichia coli (E. coli) O157:H7 bacteria in cattle and their manure. This vaccine will help reduce potential contamination of E.coli in the environment, ground water, and cattle processing plants. This project, funded under Agriculture and Agri-Food Canada's (AAFC) Agri-Opportunities program, is also expected to create new niche markets for Canadian cattle producers.

"It's an honour to be the first recipient of funding under the Agri-Opportunities Program," said Graeme McRae, CEO of Bioniche Life Sciences. "It's interesting to note the other "firsts" associated with this project: the E. coli O157:H7 vaccine is the first of its kind anywhere in the world; the vaccine is the first of its kind to be recognized globally as the best new veterinary product for livestock; and the Animal Health and Food Safety Vaccine Manufacturing Centre at Bioniche will be the first of its kind in Canada."

Following completion of this $25 million project (phase one of a larger scale-up), the production facility will have an annual capacity of 40 million doses of vaccine within 24 months. The Belleville facility will strengthen the community's economic base by creating 73 new highly skilled jobs in the region. Further jobs will be created in future phases of scale-up, up to an estimated 135 new jobs in total. These are over and above the existing 100 jobs in the Belleville facility today.

Funding under AAFC's Agri-Opportunities program is provided for projects that can be expected to increase market opportunities for the Canadian agricultural industry across the value chain and generate demand for primary agricultural products.

For more information on the Agri-Opportunities program please visit www.agr.gc.ca (under Programs and Services).


BACKGROUNDER

E.coli O157:H7

E. coli bacteria are normal organisms found in the intestinal tract of all animals. Most strains are non-pathogenic (non-disease causing) to their host. Certain types cause digestive disturbances and, occasionally, other significant diseases. The O157:H7 variant of E. coli is a mutant that has acquired an extremely potent toxin and has been found in the intestines of healthy cattle, deer, goats, and sheep. It can be passed on to humans through contamination of meat, water supplies and environment.

Bioniche Life Sciences Inc. develops, manufactures, and markets livestock vaccines to improve food safety and environmental health. The vaccine is one of the company's lead initiatives. It has undergone an unprecedented level of testing for an animal vaccine and has yielded consistently positive results in feedlot settings, the first target for the E. coli O157:H7 vaccine.

Agriculture and Agri-Food Canada

Agriculture and Agri-Food Canada (AAFC) provides information, research and technology, and policies and programs to achieve security of the food system, health of the environment and innovation for growth.

Agri-Opportunities Program

Agri-Opportunities is a $134 million five-year program that provides funds to accelerate the commercialization of new agricultural products, processes or services to help Canadian farms, businesses and organizations take advantage of new domestic and global markets.

Canada Committed to a Humane Seal Hunt

Statement by Loyola Hearn Minister of Fisheries and Oceans

OTTAWA, ONTARIO--(Marketwire - Dec. 20, 2007) - The European Food Safety Authority (EFSA) has released a scientific study on the animal welfare aspects of global seal hunts. We are supportive of EFSA's recommendations since they uphold the legitimacy and humaneness of hunting practices and techniques that are used, regulated and enforced in Canada's annual commercial seal hunt.

Independent and peer-reviewed studies have shown - time and again - that the vast majority of seals in Canada are taken in a humane manner. We believe that Canada's current practices are consistent with EFSA's general recommendations and we are already taking measures to address some of the issues raised in the study.

The Government of Canada is committed to sustainable management of these renewable resources and to ensuring a well managed and well regulated hunt. With more than 5.5-million harp seals along our eastern and northern coastlines, clearly Canada sets appropriate annual quotas to keep seal populations healthy.

It's important to remember that sealing and fishing are complementary and deeply engrained traditions that have allowed Aboriginal, Inuit and non-aboriginal peoples to provide for their families for generations. Through hard work, knowledge of the marine environment and sustainable practices, Canada's hunt provides valuable income and creates opportunities for thousands of Canadian sealers and their families.

Canada's approach to seal hunts is based on facts, internationally recognized science and respect for centuries-old cultural traditions, instead of moral objections and the frequent misinformation of anti-sealing groups, which EFSA admits "may contain potentially unproven serious biases." The Government of Canada will continue to inform this discussion with integrity and to defend the rights of Canadian sealers to take part in our lawful, sustainable and humane hunt.

JumpTV Inc.: Purchase of Own Shares

TORONTO--(Marketwire - December 20, 2007) - JumpTV Inc. (AIM: JTV) (TSX: JTV) announces, pursuant to AIM disclosure requirements, that in connection with the Company's announced normal course issuer bid which commenced on Thursday, August 23, 2007, that on December 19, 2007 the Company acquired 25,000 common shares at an average price of Cdn$2.20 per share. The shares purchased will be cancelled and the number of common shares outstanding as at today's date, giving effect to this cancellation, is 49,174,904.

CONTACT INFORMATION:
G. Scott Paterson
Executive Chairman
JumpTV Inc.
+1-416-368-6464
paterson@jumptv.com

Canada Makes it Easier for Children Adopted Overseas to Become Canadian Citizens

OTTAWA, ONTARIO--(Marketwire - Dec. 20, 2007) - The Honourable Diane Finley, Minister of Citizenship and Immigration, today announced that Bill C-14, an amendment to Canada's citizenship laws passed earlier this year, will go into effect December 23, 2007. This means that within a week, Canadians who adopt children abroad will find it easier to have their newest family members become Canadian citizens.

The new legislation allows children adopted abroad by Canadian citizens to obtain Canadian citizenship without first having to become permanent residents. As a result, the difference in treatment between children adopted abroad and children born abroad to a Canadian parent is minimized.

"Canadian families open their hearts to adopt foreign-born children and we want to support them by making it easier for their adopted children to become Canadian citizens," said Minister Finley. "Canadian families welcome foreign-born children into their homes and we want to welcome them into the country. The new citizenship process means that citizenship can be granted to adopted children after the adoption is complete."

After December 23, 2007, citizenship may be granted to adopted children providing that an application for citizenship is submitted and the legislative requirements are met. These requirements aim to protect the best interests of the child and ensure that the adoption conforms with both the adoption laws of the province or the territory of residence of the adoptive parent and the country where the adoption took place.

Under the current system, a Canadian adopting a child born abroad must first apply to sponsor the child to come to Canada, then seek a permanent resident visa, then apply for citizenship. Now, Canadians will apply for their adopted child's citizenship abroad rather than submit sponsorship and permanent resident applications. Parents will save time and have less paperwork as the steps are merged into one. Once the child has Canadian citizenship, the parent will be able to apply for a Canadian passport through the appropriate Canadian government office outside Canada.

Each international adoption experience is different and some adopted children will still be required to go through the immigration process. This would be the case if the adoption is to be completed in Canada or is a guardianship arrangement rather than a full adoption.
More information on international adoptions and citizenship can be found on CIC's website at www.cic.gc.ca.

CONTACT INFORMATION:
Citizenship and Immigration Canada
Minister's Office
Tim Vail
Press Secretary
613-954-1064

Golden Triangle Selects Path Finder From Digital Dispatch

RICHMOND, BRITISH COLUMBIA--(Marketwire - Dec. 20, 2007) - Digital Dispatch Systems Inc. (TSX:DD) will be replacing a competitor's fleet management solution at Golden Triangle Taxi Limited of Cambridge, Ontario, with the Company's Path Finder application and Vector 530 mobile data terminals. This contract is worth over $450,000 including a long-term service agreement.

"It is our past experience with Digital Dispatch and their proven service record that prompted us to turn to them," said Dan Sibley, President of Golden Triangle Taxi. "We are currently the largest taxi company in the Cambridge-Waterloo region, and with our plans to grow and provide such services as taxi cards and other loyalty programs in the near future, we need a reliable technology provider with a proven long-term service record to support us effectively over the years."

"Taxi fleet management technology is a highly competitive market today. Technology is also both advancing rapidly and is becoming increasingly affordable at all levels. While we understand that this makes it tougher for any company in the technology-related market to be consistently on top, we are nevertheless very happy to maintain our leadership role," said Michael Hryb, Vice President of Sales, Taxi Division, for Digital Dispatch Systems. "We welcome Golden Triangle as our newest taxi customer."

Golden Triangle joins Digital Dispatch's growing list of Ontario-based customers, which includes Royal Taxi of Toronto, Airline Limousine, All Star Taxi in Mississauga, Waterloo Taxi, United Taxi in Kitchener, Veteran's Taxi in Windsor and You-Need-A-Cab in London.

Legal Action

The Company announced that Wireless TV Studios Inc. of New York has commenced legal action against the Company in New York Federal Court for alleged breach of contract and copyright infringement. The Company believes that action is without merit and will vigorously defend itself in the matter. The Company will continue to disclose material information about the matter as it becomes available.

About Golden Triangle Taxi Limited

Based in Cambridge, Ontario, Golden Triangle Taxi Limited has roots going back more than 40 years as the first to operate taxicabs in the Cambridge-Waterloo region of Ontario. The company has undergone many changes over the years to emerge with the merging of All-Cambridge Deluxe and Cambridge City Cab, as the largest taxi company in the region.

About Digital Dispatch Systems Inc.

The Company is a worldwide provider of mobile data solutions for fleet and mobile workforce management. Founded in 1987, we have an installed base of 75,000 wireless mobile data devices and nearly 200 wireless data systems in four continents. We offer products and services to manage vehicle fleets and mobile workforces, including dispatch software, wireless communication infrastructure and a range of in-vehicle mobile devices. Visit www.digital-dispatch.com for more information.

Forward-Looking Statements

This press release contains statements which, to the extent that they are not recitations of historical fact, may constitute forward-looking information. Such forward-looking statements may include the Company's success in defending itself in the legal action filed by Wireless TV Studios Inc. as well as statements regarding the Company's future plans, market opportunities, objectives, performance, revenues, growth, profits, operating expenses or the Company's underlying assumptions. Factors that could cause actual events or results to differ materially from those suggested by these forward-looking statements include, but are not limited to: the inherent uncertainty regarding the outcome of any litigation, the need to develop, integrate and deploy applications to meet our customers' requirements; the possibility of development or deployment difficulties or delays; the dependence on our customers' satisfaction with the Company's products; the timing of entering into significant contracts; our customers' continued commitment to the deployment of our solutions; the risks involved in developing integrated software and hardware solutions and integrating them with third-party communication and other services; the performance of the global economy and growth in software industry sales; market acceptance of the Company's products and services; customer and industry analyst perception of the Company and its technology vision and future prospects; the success of certain business combinations engaged in by the Company or by competitors; political unrest or acts of war; possible disruptive effects of organizational or personnel changes; technological change, new products and standards; risks related to acquisitions and international expansion; reliance on large customers; concentration of sales;
international operations and sales; management of growth and expansion; dependence upon key personnel and hiring; reliance on a limited number of suppliers; industry growth; competition; intellectual property; product defects and product liability; currency exchange rate risk; concentration of ownership; and including but not limited to other factors described in the Company's reports filed on Sedar, including its Annual Information Form and financial report for the year ended December 31, 2006. In drawing a conclusion or making a forecast or projection set out in the forward-looking information, the Company takes into account the following material factors and assumptions in addition to the above factors the Company's ability to execute on its business plan; the acceptance of the Company's products and services by its customers; the timing of execution of outstanding or potential customer contracts by the Company; the sales opportunities available to the Company; the Company's subjective assessment of the likelihood of success of a sales lead or opportunity; the Company's historic ability to generate sales leads or opportunities; and that sales will be completed at or above the Company's estimated margins. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. All forward-looking statements made in this press release are qualified by this cautionary statement and there can be no assurance that actual results or developments anticipated by the Company will be realized. The Company disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.
Digital Dispatch Systems Inc.
George Reznik
CFO
(604) 241-1441
Email: investors@digital-dispatch.com
Website: www.digital-dispatch.com

LexisNexis: Canadians Aren't as Polite as They Seem

Study Shows Canadians Would Rather Report Their Noisy Neighbours to the Authorities Than Settle Disputes Themselves

TORONTO, ONTARIO--(Marketwire - Dec. 20, 2007) - Canadians take pride in their politeness, but when it comes to being courteous when dealing with noisy neighbours, 61 per cent of Canadians admit they would report their neighbours to the police for excessive noise, according to a new survey conducted for the lawyers.com(SM) service.

The Ipsos Reid survey carried out for the lawyers.com site, an online legal resource centre from LexisNexis that helps consumers and small businesses find lawyers and legal information, reveals that, regionally, Canada is divided on how polite Canadians are to their disruptive neighbours. Sixty-nine per cent of British Columbians have no problem reporting their noisy neighbours to the police. In contrast, Maritimers, long noted for their laid-back attitudes, ranked number one with their patience, as only 41 per cent have talked to their neighbours about their excessive noise and only half, at 50 per cent, would consider reporting them to the police. Quebec seems to be the most proactive in reaching a resolution, with 63 per cent of the province having no problem approaching their noisy neighbours to address their concerns rather than reporting them to the authorities.

"If your neighbours' noise levels get out of control and you're unable to resolve the conflict yourself, there are a few avenues you can explore in an effort to remedy the problem," said Peter McInroy, a Nova Scotia lawyer practising in the area of municipal law and a lawyers.com consultant. "You can contact your local police to report your neighbours for excessive noise as there are certain protections in the Criminal Code. In addition, contact your local municipality as most have enacted laws to prohibit and regulate noise. You may find that a bylaw enforcement officer is willing and able to devote more time to resolve the matter."

According to the survey, household income also plays a role in the conduct of Canadians toward their neighbours. Sixty-two per cent of respondents with household incomes of less than $55,000 per year have spoken to their neighbours about their concerns, and 60 per cent admit they would consider contacting the authorities, whereas respondents with household incomes of over $100,000 per year were more likely to report their noisy neighbours to the police than confront them themselves.

The lawyers.com web site provides further detailed findings from the survey.

Regional Breakdown

The following percentages of Canadians would consider reporting their neighbours to the authorities for excessive noise:

- British Columbia - 69 per cent

- Prairies - 66 per cent

- Ontario - 62 per cent

- Quebec - 51 per cent

- Atlantic - 50 per cent

The lawyers.com service is the most comprehensive and trustworthy online resource for finding lawyers. Searches for lawyers can be done easily by location, by name of the law firm or lawyer, or by area of law practised. Articles and information on legal topics are also available to help consumers get answers to their basic legal questions. The lawyers.com site is free and easy to use, and can help users make informed decisions when selecting legal services.

Methodology

These are the findings of a poll conducted by Ipsos Reid from April 27, 2006, to May 1, 2006. For the survey, a representative, randomly selected sample of 1,184 adult Canadians completed an online survey. With a sample of this size, the results are considered accurate to within +/-2.8 percentage points at a confidence interval of 95 per cent. The margin of error will be larger within regions and for other sub-groupings of the survey population. To view the survey factum, please visit www.ipsos-na.com/news.

About lawyers.com(SM)

Martindale-Hubbell(R) lawyers.com(SM) (www.lawyers.com) from LexisNexis(R) is the leading lawyer directory on the web, providing consumers and small businesses with access to a free database of more than 440,000 lawyers and law firms in the United States and Canada. The lawyers.com service helps site visitors make a fast, informed decision when choosing a lawyer. More than one million searches per month are conducted through lawyers.com by consumers and business people in search of the right legal representation for their needs.

About LexisNexis

LexisNexis(R) (www.lexisnexis.com) is a leading global provider of information and services solutions, including its flagship web-based Lexis(R) and Nexis(R) research services, to a wide range of professionals in the legal, risk management, corporate, government, law enforcement, accounting, and academic markets. A member of Reed Elsevier (NYSE:ENL)(NYSE:RUK) (www.reedelsevier.com), LexisNexis serves customers in 100 countries with 13,000 employees worldwide.

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Cortex Announces First Quarter Results

CALGARY, ALBERTA--(Marketwire - Dec. 19, 2007) - Cortex Business Solutions Inc. (TSX VENTURE:CBX) announces financial results for the quarter ended October 31, 2007.

Q1 Financial and Operational Highlights

Cortex continued its growth in the first quarter of 2008 in all three revenue streams:

- Achieved record quarterly revenue of $619,488, an increase of 56% from $398,353 recorded in the first quarter of fiscal year 2007;

- Selected by Flint Energy to automate their procurement process; and

- Completed a proof of concept and as a result was awarded a contract with one of Canada's top 5 integrated Oil & Gas companies. The project will see Cortex solutions deployed to hundreds of suppliers in the coming months to transact purchase orders, field tickets and invoices electronically through the Cortex network.

The current cost cutting cycle in the oil & gas industry has increased sales prospects for Cortex. Increasingly, companies are looking to gain efficiency and reduce costs in administration and are receptive to the Cortex solution. Cortex expects to continue revenue growth in the next quarter while securing additional projects and increasing the customers connected to our network. Management continues to expand sales and marketing capabilities to increase revenue and drive to sustainable profitability.

"Management is very encouraged with the continued growth in all areas of our business," said Ryan D. Lailey, VP Business Development & Corporate Strategy. "We continue to execute our corporate strategy and Cortex is in excellent position to capture additional market share. The recent downturn in capital expenditures in the oil and gas sector has raised the profile of solutions provided by Cortex resulting in increased acceptance and interest from potential customers."

About Cortex

Cortex Business Solutions Inc. enables the secure exchange of business critical documents such as purchase orders, field receipts, invoices and acknowledgments between a large cohort of trading partners. Our customers can implement Cortex quickly and achieve the productivity improvements, enhanced cash flow and efficiencies associated with transacting electronically with their suppliers and customers.

Cortex products and services are non-intrusive and allow our customers the freedom to leverage and optimize their existing processes and information technology assets when it makes the best business sense for them. This approach improves the productivity, cash flow and profitability of our customers, while avoiding the risk and delays associated with large information technology or business processes re-engineering initiatives.
CONTACT INFORMATION:
Cortex Business Solutions Inc.
Ryan D. Lailey
VP Business Development & Corporate Strategy
(403) 260-6647
Email: investors@cortex.net

Action Plan on Support for Canada's Livestock Sector

Communique Federal-Provincial-Territorial: Agriculture Ministers Announce First Stage in Action Plan on Support for Canada's Livestock Sector

OTTAWA, ONTARIO--(Marketwire - Dec. 19, 2007) - Ministers of Agriculture from federal, provincial and territorial governments have announced the first stage in a national action plan to help with the serious pressures faced by Canada's cattle and hog producers. This first stage was developed after intensive discussions with industry, and is based on support from existing business risk management programs. Ministers committed to accelerate cattle and hog producers' access to these programs and encouraged them to take maximum advantage of the support already available.

Governments are seeking authorities to implement the following programs to provide significant assistance to producers in the short term:

- AgriStability, with interim payments and targeted advances available;

- AgriInvest, including the federal $600 million Kickstart program; and

- an improved Advance Payments Program (APP) (more information below).

Overall, from late 2007 through 2008, nearly $1.5 billion in cash payments will flow to cattle and hog producers through existing programs. In addition, as a result of the changes being introduced by the federal government to the APP, up to $1 billion in additional loans will be available to the livestock sector, bringing the total loans available for the sector through the APP up to $2.3 billion. This enhancement will be particularly helpful to livestock producers who have had low income in recent years. Governments are now working with the producer organizations that deliver the program to ensure these loans are available early in the new year.

Ministers also supported the federal government's plan to defer the collection of interest on Canadian Agricultural Income Stabilization (CAIS) program overpayments until December 31, 2008. This is being done in response to industry requests and applies where the Government of Canada delivers the program, as well as in Alberta, Ontario, and Prince Edward Island.

Ministers also committed that their governments and industry will continue to work together to examine the parameters of existing programs to ensure they continue to work for all stakeholders. In addition to these short term measures, governments are working with industry representatives to find ways of helping industry position itself to be competitive in the long term. These measures include enhancing market access efforts, reducing the regulatory burden, and examining means to reduce the cost of the feed ban implementation.

Ministers will be meeting early in 2008.



Backgrounder

Business Risk Management Programs Available to Assist Livestock Producers in the Short-term

The new Business Risk Management suite has programs that are simple, responsive, predictable and bankable for producers across Canada's agriculture sector. In keeping with Canada's trade obligations they are designed as whole-farm programs that offer producers of various commodities support and assistance when they confront difficult circumstances. Producers in the livestock sector, whether hogs or cattle, can benefit from participating in these programs and are encouraged to contact their administrations to discuss their individual business situations in more detail.

AgriStability

Governments are seeking the authorities to implement AgriStability, which helps producers protect their margins from larger declines. AgriStability replaces the coverage previously available under the Canadian Agricultural Income Stabilization (CAIS) program for margin declines of more than 15 per cent. Producers will receive program payments under AgriStability should their production margins fall below 85 per cent of their reference margins in a given year.

Changes such as enhanced negative margin coverage and inventory valuation were requested by industry and brought about in the transition from CAIS to AgriStability. These changes are helping to ensure programs respond to the situation in the cattle and hog sectors.

How to apply

Producers who participated in CAIS for 2006 should have received an enrolment notice for AgriStability outlining the fee they must pay to participate. To participate, these producers must submit the fee before the December 31, 2007 deadline.

Producers who did not participate in CAIS 2006 can also apply to the new AgriStability program and must submit the fee before the December 31, 2007 deadline.

See the contact information below:

For more information on AgriStability, interim payments and target advances:

- In British Columbia, Saskatchewan, Manitoba, Nova Scotia, New Brunswick, Newfoundland and Labrador and the Yukon Territory, call 1-866-367-8506.

- In Alberta, call 1-877-744-7900.

- In Ontario, call 1-877-838-5144.

- In Quebec, call 1-800-749-3646.

- In Prince Edward Island, call 902-620-3091.

Interim Payments

Interim Payments provide producers with earlier access to a portion of their 2007 final payment. Interim Payments provide 50 per cent of a participant's estimated final payment, based on information they provide.

How to apply

The 2007 Interim Application is a simple two-page form, which can be requested by calling one of the numbers above. More information is also available at www.agr.gc.ca and an online calculator is available to help producers determine how much they may be eligible to receive.

Targeted Advance Payments

Manitoba, Nova Scotia, New Brunswick, and Alberta have targeted advances available to hog producers. Saskatchewan is also in the process of putting them in place. Through targeted advances, provincial governments proactively offer advances using benchmarks to determine the impact of a situation on an individual's farm. The advances provide producers with a portion of their estimated 2007 AgriStability benefit.

How to apply

The targeted advance is simple and quick. Producers in participating provinces are informed by letter of the estimated 2007 advance to which they are entitled. To receive a payment, they simply have to sign and return the letter. More information is also available by calling one of the numbers above.

The Advance Payments Program

The Advance Payments Program (APP) is a financial loan guarantee program that gives producers easier access to credit through cash advances which means improved cash flow throughout the year and better opportunities for marketing their agricultural products. The limit on cash advances is $400,000, with the first $100,000 being interest free. Producers have up to 18 months to repay the advances.

In response to the need for more credit under the APP, changes will be implemented in early 2008 to add negative margin coverage under AgriStability as security for the APP. This will make additional loans available to producers - particularly those who have experienced back to back losses over the past few years.

How to apply

Cash advances are issued by producer organizations on behalf of Agriculture and Agri-Food Canada. A list of these organizations is available at www.agr.gc.ca/app or by calling 1-888-346-2511.

AgriInvest

Governments are seeking authorities to implement AgriInvest, which replaces the coverage previously available under CAIS for margin declines of 15 per cent or less.

Each year, producers who make a deposit into an AgriInvest account will receive matching contributions from federal and provincial governments. Producers will have the flexibility to use the funds to cover small margin declines, for risk mitigation or other investments.

More details on how AgriInvest will be delivered will be available once authorities are in place.

Kickstart

To assist producers in the transition to the new suite of business risk management programs, the Government of Canada has announced a $600 million investment to kickstart the AgriInvest accounts.

Once AgriInvest authorities are in place, producers will receive a letter informing them of the amount of their Kickstart benefit. In all provinces and territories except Quebec, the $600 million is being delivered by the federal government.

To be eligible, producers must have farmed in 2007 and must commit to participating in AgriInvest for the 2007 program year. Producers do not have to make a deposit to their AgriInvest accounts to withdraw their Kickstart funds.

Further details on Kickstart will be available once AgriInvest authorities are in place.

Other Measures

Deferral of Interest on CAIS Overpayments

To help address the issues facing the livestock sector and in response to requests from industry, collection of interest on CAIS overpayments will continue to be deferred until December 31, 2008. This applies in provinces and territories where Canada delivers the program (British Columbia, Saskatchewan, Manitoba, Nova Scotia, New Brunswick, Newfoundland and Labrador and the Yukon). It also applies in Alberta, Ontario and Prince Edward Island.

Pure Entertainment Proudly Presents International DJ from Germany, DJ Pretty Pink on a Canadian Tour

MONTREAL, QUEBEC--(Marketwire - Dec. 19, 2007) - This upcoming Thursday December 20th, Pure Entertainment is proud to present international DJ from Germany, DJ Pretty Pink at Time Cafe for a series of tour dates across Canada.

Coming out to mainstream in 2006 only, DJ Pretty Pink recently played at the 2007 Love Parade from Berlin to Essen along with DJs friends like Niki Belucci or DJ Elite. DJ Pretty Pink has played all over Europe in countries such as France, Spain, Italy, Portugal, Austria, Switzerland, Croatia, Holland and in places such as Morocco, Brazil, and Tunisia in such a short period of time. For the first time, she is bringing her talent and skills to the turntables in Canada. On Thursday December 20th, she will start her tour in Montreal at the beautiful Time Cafe on St-Laurent Street, then fly to Toronto on Friday December 21st and come back in Montreal on Saturday December 22nd to play at the trendy Rosalie Restaurant on De la Montagne Street. Pretty Pink, a benefit for ears and eyes, will take you on a journey with her electronic sounds and beats.

Born in 1985, as Anne Karolczak, DJ Pretty Pink first discovered her love for the decks through her boyfriend. As a DJ and event promoter, he introduced her to Electronic music, its fine beats, and an attractive party scene. She then went on to redesigning her livingroom to a private House and Electro stage and trained for months with her partner to excel. Her great talent was soon recognized at the turntables. After being persuaded to play a live set at the event "Neverfever" in 2006, in front of an audience of 5000 people, offers to play in clubs and events started pouring in. Friends chose the name of "Pretty Pink" because of her love for the color pink and for her consistently charming and graceful presence. Besides having a residency in Germany, this multi-talented female DJ brings her skills to the turntables all over the world, and even promotes her own events by designing the whole marketing campaigns behind them. Pure Entertainment is very happy to welcome DJ Pretty Pink in Canada.

Pure Entertainment is part of Pure Entertainment Group and was founded in April 2005 to provide clients with powerful entertainment solutions for their marketing, branding and promotional initiatives. Pure Entertainment focuses on a wide range of services such as event planning, product launches, corporate events, exclusive themes parties, and concept development. For information about Pure Entertainment, or to schedule an interview, please contact.
CONTACT INFORMATION:
Pure Entertainment Group
Micheline Berzy
Event Coordinator
514-502-1851
micheline@purentonline.com
www.purentonline.com

Texada Software Inc. Announces Shares for Debt Transaction, $500,000 in Additional Financing

TORONTO, ONTARIO--(Marketwire - Dec. 19, 2007) - Texada Software Inc. ("Texada" or the "Company") (TSX VENTURE:TXS). Texada announced today that it will be seeking to settle aggregate indebtedness in the approximate amount of $1,281,000 by way of the issuance of approximately 25.6 million common shares of the Company at a deemed settlement price of $0.05 per share (the "Shares for Debt Transaction"). The debt was incurred upon issuance of $1.1 million principal amount of secured convertible debentures on February 28, 2006, which debentures carry a maturity date of January 31, 2008. The Company expects to complete the Shares for Debt Transaction on the maturity date, subject to completion of documentation acceptable to Texada and the debenture holders.

Texada also announced today a private placement (the "Private Placement") of units (the "Units") of Texada for gross proceeds of $500,000. "The proceeds of the Private Placement will be used for working capital and the continued execution of our sales and marketing plan." said Nigel Miller, CEO of Texada. "I expect that the sales growth we experienced 2007 to continue in 2008, with improved profitability."

It is anticipated that insiders of Texada will be subscribing for greater than 25% of the Private Placement, on the same terms as arm's length investors. The Private Placement is expected to close on or about December 31, 2007, and may close within 21 days of the date of filing of a material change report in connection with the closing if management of Texada determines it is reasonable or necessary in the circumstances.

Each Unit consists of $1,000 principal amount 10% senior secured convertible debentures (the "Debentures") and 10,000 warrants (the "Warrants"). The Debentures will mature on November 30, 2009 (the "Maturity Date") and are convertible at the holder's option into common shares (the "Common Shares") of Texada at any time prior to the Maturity Date at a conversion price of $0.05 per Common Share. Conversion may be forced in certain circumstances. Each Warrant entitles the holder to acquire one Common Share at any time up to the Maturity Date at an exercise price of $0.10 per Common Share.

All securities issued in connection with the Shares for Debt Transaction and the Private Placement will be subject to a hold period of four months and one day under applicable securities laws and TSX Venture Exchange (the "Exchange") rules. The Shares for Debt Transaction and Private Placement are subject to receipt of all required regulatory and Exchange approvals.

Texada Software Inc., "Texada," (TSX VENTURE:TXS), announces CFO Resignation

Texada has accepted the resignation of its CFO, Robert Beveridge, effective December 21, 2007. "I thank Rob for his service to the company and wish him well in his future endeavours," said Nigel Miller, CEO of Texada. "Rob has committed to assist us with the year-end audit and transition to the new CFO."

About Texada Software (TSX VENTURE:TXS)

Texada Software Inc. is the premier provider of SYSTEMATIC enterprise software solutions for mobile equipment and rental management. Texada's solutions are fully flexible and scalable to meet the unique needs of any sized operation and are backed by proven implementation, services and support.

Texada's market-driven software products combine knowledge and best practices from over 400 customers worldwide, resulting in solutions that manage the complete asset life-cycle from acquisition through to disposal. Our customers enjoy the benefits of enhanced efficiency through better asset utilization, effective location tracking, and optimized scheduling.

Texada can be reached at 1-800-361-1233, or on the internet at www.texadasoftware.com. For product and services information visit www.systematic.com.

Finavera Renewables Closing Final Traunch of $2,105,000 Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 19, 2007) - Finavera Renewables Inc. ('Finavera Renewables' or the 'Company') (TSX VENTURE:FVR) is pleased to announce it is proceeding to close the final traunch of the $2,000,000 private announced December 7th, 2007. In addition to the 11,000,000 Units announced on December 17th, 2007, a further and final 10,050,000 Units have been placed at $0.10 per Unit under the non-brokered private placement for total gross proceeds of $2,105,000. Each Unit is comprised of one common share and one purchase warrant; each warrant is exercisable for one additional common share at a price of $0.15 for a period of 12 months from closing. Securities issued under this private placement are subject to a four month hold period from the date of closing. Completion of the placement is subject to final Exchange approvals. There are no commissions or finders' fees to be paid on the transaction.

In addition, and as part of the executive restructuring concurrent with the financing, the Company is also announcing the departure of Bertan Atalay as Chief Operating Officer. Mr. Atalay is pursuing other career opportunities.

Jason Bak, CEO

About Finavera Renewables Inc. (www.finavera.com)

Finavera Renewables Inc. is dedicated to the development of renewable energy resources and technologies. The Company's objective is to become a major renewable and green energy producer by developing and operating its assets in the wind and wave energy sectors. Finavera Renewables Inc. is developing the licensed and patented 'AquaBuOY' wave energy technology, a device that is based on proven and sustainable buoy technology. The Company is developing wave energy projects for AquaBuOY use in the United States, Portugal, South Africa and Canada. The Company is also developing other wind energy projects in Canada and Ireland. In Canada, a two stage 150 MW project is being developed in Alberta. Construction on this advance stage project is estimated to begin in 2008 and provides for near term revenue. In British Columbia, four projects totaling 366 MW have been entered into the provincial Environmental Assessment process, and several other sites are being developed. In Ireland, two pre-construction wind projects are under development with a potential capacity of 175MW. Data collection and environmental studies have been continuing at a number of sites in both countries.