SENSIO Technologies Inc.
TSX VENTURE : SIO

SENSIO Technologies Inc.

December 14, 2009 09:59 ET

SENSIO Completes $10 Million Bought Deal Financing

$1.3 Million Over-Allotment Option Exercised in Full

MONTREAL, QUEBEC--(Marketwire - Dec. 14, 2009) - SENSIO Technologies Inc. (TSX VENTURE:SIO)

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

SENSIO Technologies Inc. ("SENSIO" or the "Company") (TSX VENTURE:SIO) is pleased to announce the successful closing of the previously announced bought deal prospectus offering led by Clarus Securities Inc. and including Haywood Securities Inc. and Union Securities Ltd. (collectively, the "Underwriters").

Pursuant to the offering, 3,852,500 common shares ("Common Shares") of SENSIO were issued at a price of $2.60 per Common Share for aggregate gross proceeds of $10,016,500.

SENSIO intends to use the net proceeds of the offering for sales and marketing, research and development, protection of intellectual property, working capital and for general corporate purposes.

"We appreciate the strong support that major investors have shown towards our Company, our management and our business plan", says Nicholas Routhier, the Company's President and Chief Executive Officer. "Prior to this financing, SENSIO was already in a strong financial position. This investment provides additional strength and flexibility to our Company in order to meet our objectives and seize opportunities in a quickly evolving industry", remarked Eric Choquette, Chief Financial Officer.

About SENSIO Technologies Inc. (SENSIO):

SENSIO Technologies Inc. (TSX VENTURE:SIO) - With its expertise in the field of 3D video, SENSIO develops and markets Stereoscopic 3D digital compression, decompression and display formatting technologies. Its solutions are deployed on a global scale by content creators, games developers, broadcasters, specialty channels, and digital cinemas, allowing customers to generate substantial additional value-added revenue streams. Its flagship technology, SENSIO® 3D, allows the high-quality distribution of 3D content through conventional existing 2D Broadcast channels networks (cable, satellite and/or IPTV) and playback on any 3D display device, including plasma TVs, LED/LCD HDTV's, PC and glass-free 3D displays, as well as home theater and digital cinema projectors. A true multi-platform format, SENSIO®3D is compatible with existing standard DVD and Blu-ray players as well as game consoles including Xbox® and Playstation® 3 and is the format of choice for the creation of high profile 3D gaming experiences. SENSIO is listed on the Toronto TSX Venture Exchange. For more information, please visit www.sensio.tv - We.Deliver.3D.Today.™

SENSIO® is a registered trademark of SENSIO Technologies Inc.

Xbox® is a registered trademark of Microsoft Corporation.

Playstation® 3 is a registered trademark of SONY Corporation

We.Deliver.3D.Today. is a trademark of SENSIO Technologies Inc.

Forward Looking Information

Certain information regarding SENSIO contained herein may constitute forward-looking statements. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although SENSIO believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. These statements are subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements. SENSIO's forward-looking statements are expressly qualified in their entirety by this cautionary statement.

"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."

Contact Information