CPI Crown Properties International Corporation

CPI Crown Properties International Corporation

December 05, 2007 12:05 ET

CPI Crown Properties International Corporation: News Release

CALGARY, ALBERTA--(Marketwire - Dec. 5, 2007) - CPI Crown Properties International Corporation ("CPI") (TSX VENTURE:CWN)is pleased to announce the success of its appeal respecting the judgment issued in November, 2006 in the sum of $695,700 against Camrose Crown Care Ltd. (a wholly owned subsidiary of CPI). The judgment was set aside on December 3, 2007.

In an unrelated matter, on November 16, 2007, Mr. Sundaram Dalavai resigned as CFO of CPI, without reason. CPI wishes Mr. Dalavai success in his future endeavours. Mr. Nicholas Kazakoff assumed the position of CFO (on an interim basis) immediately on Mr. Dalavai's resignation.

CPI CROWN PROPERTIES INTERNATIONAL CORPORATION IS A TIER 2 Company whose common shares are listed for trading on the TSX Venture Exchange under the symbol of CWN.

CPI currently has 10,404,305 common shares issued and outstanding.

Certain statements in this news release could constitute forward-looking statements. The Corporation's line of business involves risk, uncertainties and other factors which may cause actual results, performance or achievements of CPI to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements.

The TSX Venture Exchange Inc. does not accept responsibility for the adequacy or accuracy of this news release.

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