Real Time Measurements Inc.

Real Time Measurements Inc.

December 07, 2007 18:25 ET

RTM Results of Rights Offering

CALGARY, ALBERTA--(Marketwire - Dec. 7, 2007) - Real Time Measurements Inc. (TSX VENTURE:RTY) (FRANKFURT:3TM) ("RTY") is pleased to announce the results of its rights offering (the "Offering"), which entitled shareholders of record on September 17 2007 to purchase one unit of the Company at a price of $0.28 per unit, for every six rights held on record date. Each unit consists of one common share and one-half share purchase warrant. Each whole warrant is exercisable into one common share at a price of $0.43 per share, expiring one year from date of issue.

A total of 1,912,596 Rights were deposited resulting in 318,766 units being issued. An additional 500,000 over subscription units were subscribed for. The offering therefore resulted in gross proceeds of $229,254 being raised along with the issuance of 818,766 common shares and 409,383 share purchase warrants priced at $0.43 each. The direct costs of the offering are estimated to be approximately $35,000. The net proceeds of approximately $194,000 will be used for general working capital purposes and current business activities including marketing and product development.

About Real Time Measurements

Real Time Measurements is a Canadian oil and gas technology development company that designs, builds and sells equipment and provides services to oil and gas companies in Canada and North Africa. The company uses innovative applications of recent technological developments to solve selected oil and gas upstream measurement problems in more efficient ways. The Company's primary business activity revolves around the commercial development of premium quality sensor-to-desktop data gathering systems which are used primarily in oil and gas wells.

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

Contact Information