DEQ Systems Corp.
TSX VENTURE : DEQ

DEQ Systems Corp.

November 26, 2007 08:01 ET

DEQ's Cash Position Increased by $9.1 Million from Exercised Warrants

LEVIS, QUEBEC--(Marketwire - Nov. 26, 2007) - DEQ Systems Corp. (TSX VENTURE:DEQ) announced today that it has received $9.1 million from exercised share purchase warrants and subscription units granted in its short form prospectus offering completed on November 17th, 2006.

As of the issuance of this press release, DEQ has 69,350,794 issued and outstanding common shares and the exercising of the warrants and when combined with the operational cash flow, brings the current cash position of the company to just over $10 million.

"It goes without saying that a strong cash position is an envious situation for a growing company" stated Earle G. Hall, DEQ's President & CEO. "2008 is a year where DEQ will expand commercially in the USA and in Asia. A solid cash position is a clear strategic advantage for a strong growth company and we are very privileged to debut 2008 and our wide scale commercialization phase in such a manner."

On November 17th, 2006, DEQ sold 15 million units at $0.40 per unit, for gross proceeds of $6,000,000. Each unit was comprised of one share and one common share purchase warrant. Each warrant entitled its holder to subscribe to one common share at any time before the first anniversary of the closing date of this Offering at an exercise price of $0.60 and any time before the second anniversary of the closing date, at an exercise price of $0.80. As of the issuance of this press release, a total of 14,995,000 share purchase warrants have been exercised for cash proceeds to DEQ of approximately $9.0 million.

Also, the company issued 1,500,000 subscription units to the underwriter. Each subscription unit entitled the underwriter, upon payment of an exercise price of $0.40, to subscribe to one unit at any time before the second anniversary of the closing date. Each Unit consisted of one share and one common share purchase warrant. Each warrant entitles its holder to subscribe to one common share at any time before the first anniversary of the closing date of this Offering, upon payment of an exercise price of $0.60 and at any time before the second anniversary of the closing date, upon payment of an exercise price of $0.80. As of the issuance of this press release, the underwriter has exercised 122,525 units as well as 92,120 share purchase warrants for gross proceeds of $104,282.

ABOUT DEQ

Founded in 1998, DEQ Systems Corp. (TSX VENTURE:DEQ) is a leader in the table game bonusing technology field. DEQ's patents, products and features include side bet bonusing games with progressive and random jackpot prizes, slot machine style mystery bonusing, multiple credit and denomination betting flexibility, dealer hand betting, electronic credit bank, electronic rake, baccarat hand tracking, multimedia animation and sound effects. DEQ has an extensive patent portfolio that is recognized in more than 50 countries such as the USA, Macau, Australia and Canada. DEQ's bonusing solutions and products are present in more that 200 casinos in over 30 countries.

DEQ Systems Corp. has been selected in the TSX Venture 50 in 2007. "2007 Venture 50" is a trademark of TSX inc. and is used under license.

Forward-looking statements contained in this Press Release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements.

TSX Venture does not accept any responsibility regarding the accuracy of the information contained in this press release.

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