Aptilon Corporation
TSX VENTURE : APZ

January 24, 2007 19:37 ET

Aptilon Corporation Announces Grants of Options

MONTREAL, QUEBEC--(CCNMatthews - Jan. 24, 2007) - Aptilon Corporation (the "Corporation") (TSX VENTURE:APZ) announces that, on January 23, 2007, it has granted an aggregate of 2,950,000 options to eight of its directors and officers. Of these 2,950,000 options, 900,000 were granted to each of Denis Martineau, Mark Benthin and Roger Korman, directors and officers of the Corporation, 50,000 to each of Tommy Boman, Loftus L. Lucas and Jeffrey Wasserstein, directors of the Corporation, and 50,000 to each of André Charron and Raymond Luk, officers of the Corporation. These options have an exercise price of $0.255 per share and a five year term and are subject to the terms and conditions of the Corporation's stock option plan.

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