Solium Capital Inc.

Solium Capital Inc.

October 17, 2005 09:00 ET

Solium Capital Inc. Adopts Employee Stock Purchase Plan

CALGARY, ALBERTA--(CCNMatthews - Oct. 17, 2005) - Solium Capital Inc. (TSX VENTURE:SUM) is pleased to announce that it has adopted an employee stock purchase plan (the"Plan") for its employees. The purpose of the Plan is to encourage employees of Solium to invest in the common shares of Solium, which will further align the interests of management and employees with those of the shareholders of Solium.

Under the Plan, employees can contribute up to 20% of their gross salary to the Plan each pay period. Solium will make a contribution to the Plan on behalf of each participating employee in an amount equal to 10% of the employee's contribution during that pay period. All contributions to the Plan are invested in common shares which are acquired on the public market by the administrative agent under the Plan.

About Solium Capital Inc.

Solium Capital Inc. (TSX Venture: SUM) specializes in the administration and execution of equity-based incentive and savings plans and is setting the industry standard for service excellence, industry knowledge and innovative technical leadership. Solium aligns companies and people through employee equity services.

During 2004, Solium began to set the new standard for equity plan management by leading the convergence of employee equity incentives and savings into a single integrated platform. The Solium brand has traditionally included two distinct products, Solium E-SOAP and Solium Share Purchase. Solium has recently completed a re-branding process and has launched a single comprehensive solution, Solium Shareworks™.

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The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Solium Capital Inc.
    Brian Craig
    President and CEO
    (403) 515-3910 ext. 121 or (877) 380-7793
    Solium Capital Inc.
    Lynn Leong
    Chief Financial Officer
    (403) 515-3910 ext.115 or (877) 380-7793