March 28, 2006 09:57 ET

Active Control Closes Financing Over-Allotment

TORONTO, ONTARIO--(CCNMatthews - March 28, 2006) - Active Control Technology Inc. (the "Company")(TSX VENTURE:ACT) is pleased to announce that the private placement offering first announced in its press release dated December 15, 2005 was oversubscribed (the "Offering"). The Offering was for up to 28,000,000 units of the Company at a price of $0.05 per unit for gross proceeds of $1,400,000 with a 15% over-allotment. Each unit (a "Unit") consists of one common share at $0.05 and one warrant to purchase a common share at $0.10 for two years. On March 24, 2006, the Company closed the final tranche of the financing comprised of 8,190,000 Units for proceeds of $409,500, for an aggregate total raise of $1,610,000 when combined with the $1,200,500 closed in January and early March. The securities issued are legended and restricted from trading until July 25, 2006.

Aberdeen Gould Inc. ("AGI") acted as finder and was paid $40,950 in finder's fees and a group of agents lead by AGI were issued 819,000 compensation options to purchase common shares of the Company at $0.10 until March 24, 2008. Following completion of the Offering, AGI will be retained as a fiscal agent and will be paid a monthly fee plus be entitled to receive an aggregate of 1,517,182 options to purchase common shares at the greater of $0.10 per common share or the discounted market price at the time the Company's stock option plan is amended to accommodate this grant of stock options.

The transactions set out herein are subject to approval from the TSX Venture Exchange.

The Company also settled $14,000.00 of debt through the issuance of 280,000 common shares priced at $0.05 per share and $25,000 of debt through the issuance of 500,000 common shares priced at $0.05 per share. These securities will be legended and restricted from trading until July 25, 2006 and July 28, 2006 respectively.

As a result of these transactions, the current outstanding capital of the Company is 75,859,126 common shares.

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, Canada, the Company trades publicly on the TSX Venture Exchange under the symbol ACT.

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

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