Streetlight Intelligence Inc.
TSX VENTURE : SLQ

Streetlight Intelligence Inc.

May 25, 2005 18:24 ET

Streetlight Intelligence Inc. Announces Proposed CDN $750,000 Private Placement

VICTORIA, BRITISH COLUMBIA--(CCNMatthews - May 25, 2005) - Streetlight Intelligence Inc. (TSX VENTURE:SLQ) (the "Corporation") announced today that it proposes to complete a private placement of up to 1,000,000 Units of the Corporation at a price of $0.75 per Unit for gross proceeds of $750,000. Each Unit shall consist of one (1) common share and one half (1/2) of a common share purchase warrant. Each full warrant shall entitle the holder thereof to purchase one (1) additional common share at $1.00 per common share on or before the expiration of eighteen (18) months from the date of issuance thereof. The Units will be subject to a four (4) month hold period from the date of issue.

Completion of the private placement is subject to receipt of all regulatory approvals, including approval of the TSX Venture Exchange Inc.

The Corporation may pay a cash commission not exceeding ten (10%) percent of the gross proceeds raised to various finders.

The net proceeds from the private placement will be used for general working capital.

The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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