Call Genie Inc.
TSX : GNE

Call Genie Inc.

February 26, 2009 08:30 ET

Call Genie Issues Incentive Stock Options

TORONTO, ONTARIO--(Marketwire - Feb. 26, 2009) - Call Genie Inc. (TSX:GNE) today announced that its Board of Directors has approved the issuance of 9,962,500 stock options to employees and directors under its shareholder approved Stock Option Plan. The 9,132,500 options issued to employees have an exercise price of $0.075. The 830,000 options granted to directors have an exercise price of $0.15. All options vest over a two year period. The $0.075 exercise price of the employee options represents the prior ten day weighted average trading average. A total of 7,310,000 stock options were granted to senior management and Directors of the Corporation.

About Call Genie Inc.

Call Genie is a leading provider of local mobile search and advertising solutions that connect ready to transact consumers directly with local merchants for local directory businesses, directory assistance services and local media publishers. Call Genie solutions offer an exceptional experience for both advertisers and consumers and are deployed in 11 countries around the world. Call Genie has been awarded the Excellence in Integrated Ad Management award by the Pelorus Group, has won the Yellow Page Association Industry Excellence Award for Marketing Innovation, the Whitaker Innovation Award, and the 118 Tracker Award for both Technology Innovation in the UK and most recently, Outstanding Contribution to the Industry. www.callgenie.com.

The TSX Exchange has neither approved nor disapproved the contents of this news release.

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