Family Memorials Inc.
TSX VENTURE : FAM

Family Memorials Inc.

December 06, 2010 17:08 ET

Family Memorials Announces Completion of Alpha Testing and the Commencement of Beta Testing of Its New Sales Software "Imonuments"

THUNDER BAY, ONTARIO--(Marketwire - Dec. 6, 2010) - Family Memorial's Inc. (TSX VENTURE:FAM), a consolidator of businesses that sell monuments and memorials in the death care industry, is pleased to announce it has successfully completed alpha testing of its new software program "imonuments".

Family Memorials Inc. is pleased to announce that alpha testing of its new sales software "imonuments" has now been successfully completed and ready to start beta testing in funeral homes and existing retail outlets. It is expected that the beta testing will last six to eight weeks, during which time the system will be run through its most stringent testing compiling data from all users. Management projects that the software will be ready for a full industry rollout in late February or early March of 2011.

Scott Kellaway, President and CEO said "this is a very exciting time for all of us at Family Memorials. We have been working on "imonuments" for over a year and we look forward to getting feedback from funeral homes and retailers who are using it in a live setting".

About Family Memorials

The Corporation is in the business of consolidating retail businesses selling granite monuments for placement on individual cemetery lots. The Corporation carries on business through its wholly-owned subsidiaries Grajack Industries Ltd. in Belleville, Ontario; R.H. Verduyn Granite Co. Ltd., in Peterborough, Ontario; Barber Monuments Ltd. in St. Catharines, Ontario; and Somerville Memorials Ltd. in Calgary, Alberta; and under the Family Memorials banner in Brandon, Manitoba, and Regina, Saskatchewan.

Neither the 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.

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