Industrialex Manufacturing Corp.
TSX VENTURE : IXC.U

Industrialex Manufacturing Corp.

September 08, 2008 15:23 ET

Industrialex Manufacturing Corp. Announces Completion of its Most Recent Normal Course Issuer Bid; Buys Back 796,000 Common Shares

ARVADA, COLORADO--(Marketwire - Sept. 8, 2008) - Industrialex Manufacturing Corp. (TSX VENTURE:IXC.U) wishes to announce that it has completed its most recent normal course issuer bid. From the period September 7, 2007 when the Company first received approval from TSX Venture Exchange to undertake the bid through September 6, 2008 when the bid expired, the Company purchased total of 796,000 common shares, representing 4.13% of the total issued and outstanding shares (as of 9-7-07) for a total of $100,678.61. All shares purchased pursuant to the bid have been cancelled and returned to the Company's treasury. All purchases were made on the open market through the facilities of the TSX Venture Exchange. All purchases were made, on behalf of the Company, by Canaccord Capital Corporation. All prices paid were the prevailing market price of such common shares at the time of purchase.

Headquartered in Arvada, Colorado, Industrialex Manufacturing Corp. operates plants in Arvada and Colorado Springs, Colorado. The Company provides industrial coating services to a broad range of manufacturers. The Company's services include, conformal coating, RFI/EMI shielding, powder coating, liquid coating and screen-printing.

The Company's shares are traded under the name of Industrialex Manufacturing Corp. on the TSX-Venture Exchange under the symbol IXC.U.

On behalf of the Board of Industrialex Manufacturing Corp.

Ahmad Akrami, President & CEO

The statements made in this press release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from Industrialex's expectations and projections.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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