ISee3D Inc.
TSX VENTURE : ICT.H

ISee3D Inc.

April 09, 2007 11:58 ET

ISee3D Inc. Announces TSX Venture Exchange Approval of Share Consolidation and Symbol Change and Ratification of "Rolling" Stock Option Plan

MONTREAL, QUEBEC--(CCNMatthews - April 9, 2007) - ISee3D Inc. ("ISee" or the "Company") (TSX VENTURE:ICT.H) announces that, effective April 9, 2007, the TSX Venture Exchange has given final approval to the consolidation of the Company's share capital pursuant to a special resolution passed by its shareholders on April 2, 2007 whereby the Company has consolidated its common shares on the basis of fifteen (15) pre-consolidated shares for one (1) post-consolidated share. As a result of the consolidation, the Company has 6,258,381 shares issued and outstanding (subject to adjustment to reflect elimination of fractional shares).

The name of the Company has not been changed, however, the consolidation necessitates a symbol change to ICT.H.

Effective at the opening of the TSX Venture Exchange on April 9, 2007, shares of the Company will commence trading on the TSX Venture Exchange on a consolidated basis under the trading symbol ICT.

The Company also takes this opportunity to announce that its board has approved the adoption of the "rolling" Stock Option Plan that was approved by the Company's shareholders on April 2, 2007.

The Plan provides for the issuance of stock options to acquire up to 10% of the Company's issued and outstanding shares as at the date of grant, subject to anti-dilution adjustment. The Plan is a "rolling plan" as the number of shares reserved for issuance pursuant to the grant of stock options will increase as the number of the Company's issued and outstanding shares increases. All outstanding stock options granted prior to the implementation of the Plan will be included in the Plan, but at no time will more than 10% of the outstanding shares be subject to grant under the Plan. If a stock option expires, otherwise terminates or is exercised, the number of shares in respect of that expired, terminated or exercised, stock option shall again be available for the purpose of the Plan.

Cautionary Statement

No stock exchange, securities commission or other regulatory authority has approved nor disapproved the information contained herein. The News Release includes certain "forward looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of ISee, are forward looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from ISee's expectations include, but may not be limited to, those risks detailed from time to time in the filings made by ISee with securities regulations.

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

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