Mindready Solutions Inc.
TSX : MNY

Mindready Solutions Inc.

September 10, 2007 14:37 ET

Mindready Solutions Announces the Resumption of its 2006 Audit

MONTREAL, QUEBEC--(Marketwire - Sept. 10, 2007) - Mindready Solutions Inc. (TSX:MNY) is pleased to announce the resolution of all outstanding issues with its former auditors, Raymond Chabot Grant Thornton, LLP, which has permitted the resumption of its fiscal 2006 year-end audit.

Such resolution has allowed the company's current external auditors, Ernst & Young, LLP, to resume their work to carry on the audit of the company's 2006 consolidated financials statements which, once it is completed, will be a significant milestone in enabling the company to file the continuous disclosure documents required by the regulatory authorities and lifting the cease trade order which Mindready is currently subject to. Such continuous disclosure documents are the company's audited annual consolidated financial statements, its annual MD&A and its annual information form for the year ended December 31, 2006, as well as its interim consolidated financial statements that will be due on the filing date.

"The resolution ensures that our current auditors will have access to Mindready's 2005 auditing file allowing them to continue the 2006 audit. Such resolution also demonstrates the company's new senior management team's ability to ensure that best efforts are made to bring our financial reporting back on track, to restore shareholder confidence in the company's financial reporting and satisfy relevant regulatory authorities as the new management's focus is a return to normalcy by ensuring the lifting of the cease trade order in the shortest possible timeframe", declared Jean Mayer, President of Mindready.

Mindready Solutions Inc. (TSX:MNY) is a leading supplier of innovative solutions for test and embedded systems serving the aerospace & defence, automotive & transportation and telecommunications markets from design to manufacturing. More information about Mindready and its products, systems and engineering services can be found at www.mindready.com.

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