MICROTEC ENTERPRISES INC.

MICROTEC ENTERPRISES INC.

March 21, 2005 13:38 ET

Extension of the Initial Order Obtained by Microtec Pursuant to the CCAA


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: MICROTEC ENTERPRISES INC.

TSX SYMBOL: EMI

MARCH 21, 2005 - 13:38 ET

Extension of the Initial Order Obtained by Microtec
Pursuant to the CCAA

ST-AUGUSTIN, QUEBEC--(CCNMatthews - March 21, 2005) - On March 18, 2005,
Microtec Enterprises inc. and its affiliates obtained from the Superior
Court an extension to April 29, 2005 of the Initial Order rendered on
November 11, 2004 pursuant to the Companies' Creditors Arrangement Act
("CCAA").

This extension was obtained after the announcement on March 16, 2005 of
the transaction pursuant to which First National AlarmCap Fund has
combined the assets of both Microtec and Securex Master Limited
Partnership. It will allow the company to continue its recapitalization
plan and prepare a plan of arrangement ending the proceedings undertaken
pursuant the CCAA.

Solidly established in Canada, Microtec Enterprises Inc. provides a wide
range of security and home automation services that ensure the
protection and well-being of its residential and commercial customers.
The Company is building on its strong position in the industry by
developing new products and services, expanding its subscriber base, and
creating strategic alliances.

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