Meridex Software Corporation
TSX VENTURE : MSC

Meridex Software Corporation

December 18, 2006 09:32 ET

Meridex Announces Private Placement

RICHMOND, BRITISH COLUMBIA--(CCNMatthews - Dec. 18, 2006) - Meridex Software Corporation (TSX VENTURE:MSC) -

The Company is pleased to announce that it has arranged a non-brokered Private Placement of THREE MILLION (3,000,000) UNITS at a price of $0.20 per unit; each unit consists of one common share and no warrant.

The Company will pay a finder's fee of eight percent (8%) where applicable and this will be paid in units of the private placement on the same terms as the Private Placement.

Proceeds of the placement will be used for working capital for the company's new business plan.

Application is being made to the TSX Venture Exchange for approval of this placement.

H. B. O'TOOLE, DIRECTOR

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

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