May 30, 2005 17:15 ET

Active Control Announces Closing Of Financing And Debt Settlement

TORONTO, ONTARIO--(CCNMatthews - May 30, 2005) - Active Control Technology Inc. (the "Corporation")(TSX VENTURE:ACT) wishes to announce that further to its press releases dated February 25, 2005 and April 22, 2005, it has closed a financing of $275,305 by issuing 5,005,542 units of the Corporation at a price of C$0.055 per unit. Each unit consists of one common share of the Corporation, one share purchase warrant (each a "Warrant") and a pro rata share of a royalty (the "Royalty"). Each warrant will entitle the holder to acquire an additional common share at the price of C$0.10 per share until two years from the date of issuance. The Royalty will be calculated on the basis of C$0.15 per transmitter on 275,305 CLiK64™ or Circle-of-Safety™ transmitters sold by the Corporation. The Corporation paid a finder's fee to Standard Securities Capital Corporation of $25,525 in respect of the financing. The securities issued pursuant to the financing have been legended and restricted from trading for a period of four (4) months from their issuance between March and May of 2005.

The Corporation has signed agreements with four insiders and one arm's-length creditor to settle C$151,470 worth of debt owed in exchange for up to 3,029,400 common shares at a price of C$0.05 per share. This transaction is subject to the approval of the TSX Venture Exchange.

Active Control Technology Inc. designs and markets wireless radio frequency (RF) devices for the commercial security and access control industries in North America. Located in Mississauga, Ontario in Canada, the company trades publicly on the TSX Venture Exchange under the symbol ACT.

We make RF work.™

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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