Major IT Contract for Newfoundland Company

ST. JOHN'S, NEWFOUNDLAND and LABRADOR--(Marketwire - Jan. 2, 2008) -

On Thursday, January 3, the Honourable Loyola Hearn, Minister of Fisheries
and Oceans, will announce on behalf of the Honourable Gary Lunn, Minister
of Natural Resources, details of a major IT contract awarded to Compusult
Ltd. of Newfoundland. The contract, issued by NRCan's GeoConnections
program, is to develop next-generation Internet portals for location-based
data and technologies.


Location: The Fluvarium
Nagle's Place
St. John's, Newfoundland
(off Allandale Road, entrance to Pippy Park Trailer Park)

Date and January 3, 2008
Time: 3:00 p.m. (NST)