D-BOX Technologies Inc.

D-BOX Technologies Inc.

July 14, 2009 12:05 ET

D-BOX Technologies retains Laurentian Bank securities for maximum $3.5 million private placement


    LONGUEUIL, QC, July 14  - D-BOX Technologies Inc. (DBO.A :
TSXV), a leader in innovative Motion Technology for the entertainment industry
is pleased to announce that it has retained Laurentian Bank Securities Inc. to
act as its agent for a private placement of between 6,250,000 and 8,750,000
units at a price of $0.40 per unit, for aggregate gross proceeds to D-Box of
between $2.5 million and $3.5 million.
    Each unit will be comprised of one common share and one-half of a common
share purchase warrant. Each whole warrant will entitle the holder to purchase
one additional common share of D-Box at a price of $0.65 for a period of
eighteen months from the closing date of the private placement.
    D-Box will use the proceeds from the private placement for working
capital and general corporate purposes.
    Closing of the proposed private placement is conditional upon preparation
of standard documentation and regulatory approval, including that of the TSX
Venture Exchange. Closing is expected to take place on or about July 23, 2009.
Under applicable securities legislation, the securities to be issued in the
proposed private placement will be subject to a four-month hold period.
    There are currently 93,615,631 common shares of D-Box issued and


    D-Box Technologies designs and manufactures leading edge high-technology
motion systems mainly suited to the needs of the entertainment industry. With
its unique, patented technology, D-BOX MOTION CODE(TM) uses motion codes
specifically programmed for each film, TV program or video game, which are
sent to a motion generating system integrated within either a platform or a
    The resulting motion is perfectly synchronised with all onscreen action,
creating an unmatched realistic, immersive experience. To date, D-BOX MOTION
CODE(TM) is available on more than 850 titles. Accordingly, many prominent
Hollywood studios have started embedding D-BOX MOTION CODE(TM) on selected
high definition Blu-ray(TM) releases. By reaching agreements with the leaders
of both the motion picture and gaming industries, D-Box's award-winning motion
technology is gradually proving itself as a new global standard in the
entertainment world.
    D-Box is a publicly traded company listed on the TSX Venture Exchange
under the symbol DBO.A. For further information please see www.d-box.com.
D-BOX(R) is a registered trademark and D-BOX MOTION CODE is a trademark of
D-BOX Technologies Inc. Other names are for informational purposes only and
may be trademarks of their respective owners.


    Certain statements included herein, including those that express
management's expectations or estimates of our future performance constitute
"forward-looking statements" within the meaning of applicable securities laws.
Forward-looking statements are necessarily based upon a number of estimates
and assumptions that, while considered reasonable by management at this time,
are inherently subject to significant business, economic and competitive
uncertainties and contingencies. Investors are cautioned not to put undue
reliance on forward looking statements. We disclaim any intent or obligation
to update publicly these forward-looking statements, whether as a result of
new information, future events or otherwise.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.%SEDAR: 00012304EF

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