egX Group Inc.
TSX VENTURE : GFG

egX Group Inc.

September 12, 2008 09:00 ET

egX Canada Completes Internal Systems Review and Initiates Connectivity Testing

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 12, 2008) - egX Group (TSX VENTURE:GFG) is pleased to announce that egX Canada has completed a vulnerability assessment report based on scans conducted by PricewaterhouseCoopers LLP of its non-trading systems. The tests conducted focused on internal and external systems that are considered most at risk of being compromised. Filing the external and internal vulnerability assessment report on egX's non-trading systems with the British Columbia Securities Commission (BCSC) satisfies a pre-operating condition contained in the recognition order issued by the BCSC.

"We have initiated trading system connectivity with Investment Industry Regulatory Organization of Canada (IIROC) dealer members and vendors and invite industry participants that have not yet contacted us to participate," said Mary Wong, egX Canada President. "Confirming end-to-end functionality with industry participants is a key component in developing our new securities marketplace for the real estate industry."

Recent pre-operating conditions and milestones achieved by egX Canada include:

- Agreement and confirmed connectivity with Clearing and Depository Services Inc. (CDS) for the provision of trade clearing and settlement services.

- Agreement and confirmed connectivity with IIROC to provide regulation services.

- Final release of trading platform software accepted and integration testing completed with NASDAQ OMX.

About egX Group

egX Group is developing egX, a global securities marketplace designed for the listing and trading of real estate and infrastructure. The Company is preparing to launch its first marketplace in Canada under egX Canada, a wholly-owned subsidiary of egX Group. To achieve global presence and to penetrate international markets under the egX brand, egX Group is partnering with interested parties established in the key international financial centers in Europe, the Middle East, the Asia-Pacific region, and the Americas. Additional information is made available at www.egXWorld.com.

The TSX Venture Exchange has neither approved nor disapproved the information contained herein.

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