CSM Systems Corp.
TSX VENTURE : CKX

CSM Systems Corp.

June 29, 2005 18:58 ET

CSM Systems Corp. Announces $500,000 Unit Private Placement

EDMONTON, ALBERTA--(CCNMatthews - June 29, 2005) - CSM Systems Corp. (TSX VENTURE:CKX) ("CSM") intends to complete a non-brokered private placement of up to 3,333,333 million units at a price of $0.15 per unit for gross proceeds of up to $500,000. Each unit will consist of one common share and one common share purchase warrant. Each warrant is exercisable at $0.20 per common share for a period of two years from closing.

It is not anticipated that any new insiders will be created, nor that any change of control will occur as a result of the private placement.

Proceeds of the private placement will be used for marketing, product development and for general operating activities. The completion of the private placement is subject to regulatory approval.

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

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