American Insulock Inc.
CNQ : AIKI.U
PINK SHEETS : AILKF

American Insulock Inc.

April 30, 2008 01:54 ET

American Insulock Announces Management Services Agreements and Grants of Stock Options

MESA, ARIZONA--(Marketwire - April 29, 2008) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. PERSONS.

American Insulock Inc. (the "Company") (CNQ:AIKI.U)(PINK SHEETS:AILKF) announces that the Company and the Company's 100% owned subsidiary Insulock International Inc. have entered into management services agreements, each dated effective January 1, 2008, to engage the services of, respectively, Joel Borovay as the Company's CEO, Dian Daniel as the Company's vice president of marketing and advertising and Martin D. Kupper as vice president of sales and business development. Pursuant to the management services agreements, the Company's 100% owned subsidiary will pay fees of $US 25,000 per month for the services of Mr. Borovay, $US 10,000 per month for the services of Ms. Daniel, and $US 10,000 per month for the services of Mr. Kupper. The fees will be accrued and payable in 180 days or upon receiving funding as a result of a capital raise or through organic growth and profitability, whichever comes first, and if after 180 days no capital has been raised or profitability has not been achieved, then the management services agreements will terminate and no fees will be paid.

The Company further announces that the Company has granted incentive stock options to officers of the Company granting them the right to collectively acquire up to 4,000,000 shares in the Company at a price of $US 0.05 per share for a five year term.

On Behalf of the Board of Directors,

American Insulock Inc.

Robert Jamieson Sr., President and Director

Canadian Trading and Quotation Systems Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

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