ACTIVE CONTROL TECHNOLOGY INC.
TSX VENTURE : ACT

ACTIVE CONTROL TECHNOLOGY INC.

November 29, 2010 06:00 ET

Active Control Technology Releases Fiscal 2010 Results

Revenues Increase 325% as a Result of Successful ActiveMine™ Commercialization

TORONTO, ONTARIO--(Marketwire - Nov. 29, 2010) - Active Control Technology Inc. (TSX VENTURE:ACT), a leading provider in the design, manufacture and marketing of both wireless and fiber network solutions for mine communications, and the commercial security and access control industries, today announced its financial results for the fiscal year ended July 31, 2010.

The Corporation generated revenues of $5,310,491 during the year ended July 31, 2010, as compared to $1,251,031 in the year ended July 31, 2009. The increase is attributable to the deployment of the Corporation's ActiveMine(TM) product which delivered a 6-fold increase in revenues, combined with a 14% increase in ActiveSecure(TM) revenues. ActiveMine(TM) revenues accounted for 89% of total revenues during the year, as compared to 59% the previous year. During the year the Corporation undertook the installation of seven new mines bringing its total underground mines in service to nine.

"I am pleased with the success we had during the year transitioning our ActiveMine(TM) business from the product development to commercialization phase," said Cameron Sturgess, President and CEO.

The Corporation incurred a net loss of $4,299,079 or $(0.02) per share during the year ended July 31, 2010, as compared to a net loss of $5,676,634 or ($0.04) per share for the year ended July 31, 2009.

Free cash flow usage during the year ended July 31, 2010, defined as cash used in operating activities plus investing activities, was approximately $3.6 million, as compared to $3.2 million during the year ended July 31, 2009. More importantly, the free cash flow usage in 2010 was $2.5 million in the first six months, dropping to $1.1 million in the last six months, of which $0.2 million was in the last quarter.

"It is rewarding to see the success we had as a business during the year driving down our free cash flow usage," said Peter Gimon, CFO and COO. "We will continue to focus heavily on this metric until positive free cash flow is achieved while we pursue a new round of financing."

About Active Control Technology

Active Control Technology is involved in the design, manufacture and marketing of both wireless and fiber network solutions for mine communications, and the commercial security and access control industries. The Corporation has two product lines: ActiveMine(TM), a new fully integrated wireless and/or fiber communications and locating technology for underground coal mines, and ActiveSecure(TM), a family of wireless products for the access control industry. Located in Burlington, Ontario, Canada, Active Control Technology trades publicly on the TSX Venture Exchange under the symbol ACT. For more information, visit www.activecontrol.com.

The audited financial statements for the fiscal years ended July 31, 2010 and July 31, 2009, and management's discussion and analysis of the results of operations can be found at www.sedar.com

Get more out of your mine.(TM)

Cautionary Note Regarding Forward-Looking Statements: This press release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and, as such, are subject to risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as changes in demand for and prices for the products of the Company or the materials required to produce those products, labour relations problems, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. The reader is cautioned not to put undue reliance on such forward-looking statements.

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.

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