Labrador Technologies Inc.
TSX VENTURE : LTX

Labrador Technologies Inc.

November 10, 2009 17:20 ET

Labrador Technologies Inc. Announces Strategic Distribution Agreement with IHS Global Inc.

CALGARY, ALBERTA--(Marketwire - Nov. 10, 2009) - IHS Inc., a leading global source of critical information and insight, and Labrador Technologies Inc. (LTI) (TSX VENTURE:LTX) announced today a global strategic agreement to distribute Labrador's eTriever web application bundled with IHS Canadian Oil and Gas Critical Information. IHS has the exclusive ability to offer eTriever combined with any Oil and Gas data on a worldwide basis.

The combination of Labrador's innovative web-based data browsing technology and IHS market-leading Oil and Gas data introduces a ground-breaking way for customers to work. eTriever will provide customers with easy, quick, mobile access to IHS information from anywhere in the world.

"This strategic relationship is very complementary to the IHS market-leading position in desktop analysis and data distribution in the Canadian market", said Rich Herrmann, vice president of IHS global information access. "eTriever extends our customers' options for searching and visualizing our data in a far more flexible manner, including web browser and mobile application deployment. We are excited to offer this compelling new product to the industry."

"From the outset", said Ron Sterne, chief executive officer of LTI, "we have built eTriever to access a wide variety of information, across multiple industries. We believe that the high quality and completeness of IHS oil and gas information is the perfect fit for eTriever distribution, offering new and existing customers the best combination available in the market today of critical information and agile data browsing."

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About Labrador Technologies (www.labradortechnologies.com)
Labrador Technologies Inc. is in its 29th year of providing optimized connections between the data stores that companies invest in and their application software. Labrador eTriever(TM) (www.etriever.com) is a secure, web-based, generic data browser, which thrives in complex database environments, including the Oil and Gas Industry. eTriever(TM) employs proven web-mapping services to view satellite imagery, roads and culture data, and goes beyond conventional oil and gas web access to afford wireless data retrieval for popular hand-held devices. Labrador (www.labradortechnologies.com) trades on the TSX Venture Exchange under the symbol "LTX."

About IHS (www.ihs.com)
IHS (NYSE: IHS) is a leading global source of critical information and insight, dedicated to providing the most complete and trusted information and expertise. IHS product and service solutions span four areas of information that encompass the most important concerns facing global business today: Energy, Product Lifecycle, Security, and Environment, all supported by Macroeconomics. By focusing on customers first, IHS enables innovative and successful decision-making for customers ranging from governments and multinational companies to smaller companies and technical professionals in more than 180 countries. IHS is celebrating its 50th anniversary in 2009 and employs approximately 4,000 people in 20 countries.

IHS is a registered trademark of IHS Inc. All other company and product names may be trademarks of their respective owners. Copyright (C) 2009 IHS Inc. All rights reserved.

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 news release.

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