Priva Inc.

Priva Inc.

January 11, 2008 12:47 ET

Priva Inc.'s Proposal Is Approved by the Court

MONTREAL, QUEBEC--(Marketwire - Jan. 11, 2008) - Priva Inc. (TSX VENTURE:PIV) ("Priva") announced today that the Superior Court of Quebec approved its proposal pursuant to the Bankruptcy and Insolvency Act (the "Proposal") which had previously been accepted by the statutory majorities of creditors. The Proposal provides for a basket of $150,000 to be distributed amongst the preferred and unsecured creditors of Priva.

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