Eyelogic Systems Inc.

Eyelogic Systems Inc.

July 23, 2009 13:18 ET

Eyelogic Receives Statement of Claim

CALGARY, ALBERTA--(Marketwire - July 23, 2009) - Eyelogic Systems Inc. (TSX VENTURE:EYE.A) has been named as a defendant in a class action lawsuit commenced by certain individual plaintiffs against Shire International Real Estate Investments Ltd. and various other defendants (collectively referred to as "Shire"). Eyelogic is the controlling shareholder of certain entities created by Shire. Eyelogic is of the view that the claim is entirely without merit and intends to vigorously defend the action. Eyelogic will advise of any material developments in the action as they arise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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