Sentex Systems Ltd.
TSX VENTURE : SXS

Sentex Systems Ltd.

November 20, 2006 16:43 ET

Sentex Systems Ltd. Announces Normal Course Issuer Bid

WINCHESTER, ONTARIO--(CCNMatthews - Nov. 20, 2006) - Sentex Systems Ltd. (TSX VENTURE:SXS)("Sentex") intends to purchase up to 753,750 of its common shares by way of a normal course issuer bid through the facilities of the TSX Venture Exchange. The 753,750 shares represent 5% of the number of issued and outstanding common shares.

The purchases may commence on November 23. 2006 and will terminate on November 22, 2007, or on such earlier date as Sentex may complete its purchases pursuant to a notice of intention filed with the TSX Venture Exchange or provide notice of termination. Any such purchases will be made by Sentex at the prevailing market price at the time of such purchases in accordance with the requirements of the TSX Venture Exchange.

Sentex believes that the common shares are undervalued at current market prices based on Sentex's current earnings and future prospects and that the repurchase of common shares at current market prices is an appropriate use of corporate funds and should benefit shareholders.

To the knowledge of Sentex, no director, senior officer or other insider of Sentex intends at present to sell any common shares under this bid. However, sales by such persons through the facilities of the TSX Venture Exchange or elsewhere may occur if the circumstances or decisions of any such person change. The benefits to any such person whose common shares are purchased would be the same as the benefits available to all other holders whose common shares are purchased.

About the Company:

For more information on Sentex and its subsidiaries NutriBios Corp. and Natunola Health, please visit the websites at www.sentexsytemsltd.com , www.natunola.com, and www.nutribios.ca

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement in this release containing words such as "believes," "plans," "expects" or "intends" and other statements that are not historical facts are forwardlooking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. The Company disclaims any obligation or intention to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contact Information

  • Sentex Systems Ltd.
    Mr. David Hennigar
    Audit committee chairman
    902-832-2513