HydraLogic Systems Inc.

HydraLogic Systems Inc.

August 02, 2006 11:12 ET

HydraLogic Grant of Stock Options

TORONTO, ONTARIO--(CCNMatthews - Aug. 2, 2006) - HydraLogic Systems Inc. (TSX VENTURE:HLS) has granted 930,000 incentive stock options to employees, directors, officers and consultants. Earlier on June 30, 2006, 925,000 outstanding options had expired. The new options expire on September 1, 2009 and have an exercise price of $0.65 per share. Directors and officers received 575,000 of the total options granted.

About HydraLogic Systems Inc. - www.hydralogic.ca

HydraLogic Systems Inc. is an environmental technology company that is focused on the replacement of harmful polluting chemicals with non-toxic organic solutions. Its technologies are being commercialized through distribution partnerships with leading regional, national and international companies with clientele in the waste management, pest control and agricultural products industries.

This press release may contain forward-looking statements and involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward-looking statement. Factors that impact such forward-looking statements include, amongst others, changes in general economic conditions, interest rates, government regulations and competition. The Company disclaims any intention or obligation to update or revise any forward-looking statements unless required by applicable law.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

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