September 10, 2007 08:00 ET

Syscan Secures $2 Million RFID Contract

MONTREAL, QUEBEC--(Marketwire - Sept. 10, 2007) - Syscan International Inc. (TSX VENTURE:SYA) today announced that its new wholly-owned subsidiary, Syscan Australasia, has secured orders for the delivery of RFID devices valued at approximately A$2.2 million (C$2 million). Deliveries have begun and the entire contract is expected to be completed by the end of this calendar year.

Mr. Joseph Tassone, President and CEO of Syscan International Inc. commented, "This is very exciting news in terms of creating value for our shareholders as we only recently completed this acquisition." (Please see press release dated June 7, 2007 whereby the Company has issued 2,676,291 million shares at an assigned value of C$0.23 per share and a cash payment of approximately C$265,000).

"The revenue from this and other activity will significantly and positively impact Syscan's total annual revenues for fiscal 2008 year. Year to date orders have exceeded all of last year's revenues, reinforcing the growth strategy implemented by the Syscan Board", Mr. Tassone added.

Scott Austin, President of Syscan Australasia, expressed "It is extremely satisfying to see the orders coming in for our innovative RFID products and solutions. The business case for RFID's added value for Asset Management, Inventory Management, Physical and logical ID access is being recognised more and more for what it is - efficient, cost effective and a necessary component to maintain chain of custody and security. This success underlines the Company's position as the leading RFID solutions provider in Australia."

Mr. Austin added, "Syscan Australasia's growth performance, since officially joining Syscan International last quarter, is a shining example for our Company. Its strong start in fiscal 2008 adds to our excitement for our future growth prospects in the Australia-Asian region."

About Syscan International Inc.

Syscan is a unique supply chain solution provider that delivers integrated real-time tracking and tracing systems that improve business efficiency through Radio Frequency Identification (RFID). Its standardized supply chain solutions include traceability, temperature monitoring and quality control applications for the food and pharmaceutical sectors. Shares of Syscan trade on the TSX Venture Exchange under the symbol SYA. There are approximately 47.2 million shares outstanding.

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