CALGARY, ALBERTA--(Marketwire - March 2, 2011) - ILI TECHNOLOGIES (2002) CORP. (the "Corporation") (TSX VENTURE:ILI). The Corporation announces that in accordance with the terms of a consulting agreement entered into with an arm's length party, it has issued 200,000 options at an exercise price of $0.25 per share. The options will vest over a period of twelve (12) months, have a term of two (2) years and are otherwise subject to the terms of the consulting agreement and the Corporation's stock option plan.
The grant of options is subject to approval of the TSX Venture Exchange and applicable securities laws.
We seek safe harbour.
Contact Information: ILI Technologies (2002) Corp.
Phil D'Angelo
President
(403) 543-0060
(403) 543-0069 (FAX)
phil@ilitech.com
www.ilitech.com