Meridex Software Corporation
TSX VENTURE : MSC

Meridex Software Corporation

May 05, 2008 09:00 ET

Meridex Software Facilities Management Division Closes Largest MicroView Deal

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 5, 2008) - Meridex Software Corporation ("Meridex") (TSX VENTURE:MSC), a leading provider of IP security and facilities management software solutions, recently completed phase one of their largest MicroView contracts to a European client with more than 100 seats, doubling their best MicroView sales quarter in the process.

"I am very pleased that we continue to achieve such significant sales growth through existing customers and new customers alike in our Facilities Management Division while at the same time steadily gaining momentum in our Security Division" said Matt Dion, President and CEO, Meridex Software Corporation. "The size of this contract and innovative way of using our mobile solution is indicative of the great potential for further growth in this market."

"We couldn't be happier with the results of recent marketing and sales efforts in our Facilities Management Division," said Darren Nicholls, Vice President of Operations and General Manager of the Facilities Management Division. "Our strong working relationship with our clients and distributors along with our expert development team has once again allowed us to meet and exceed the ever changing needs of our growing customer base."

In other news Dennis Weyrauch is no longer the COO and Meridex wishes him well in his new endeavors.

ABOUT MERIDEX

Meridex Software Corporation is a leading provider of IP security and facilities management software solutions. Meridex enables educational institutions, government, hospitals, retail and corporate enterprises to manage, monitor, and optimize security and facilities management systems. Specializing in highly-integrated building security, camera monitoring, HVAC and lighting controls that operate based on industry standards, Meridex is developing intelligent IP surveillance and business optimization solutions to enable real-time monitoring systems through wireless networks.

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