Tactex Controls Inc.
TSX VENTURE : TTX

Tactex Controls Inc.

June 18, 2008 12:31 ET

Tactex Announces Receipt of Engineering and Product Orders

VICTORIA, BRITISH COLUMBIA--(Marketwire - June 18, 2008) - Tactex Controls Inc. (TSX VENTURE:TTX) announced the receipt of orders totaling more than $135,000 US this June for products in the Tactex BEDsensor line and for engineering and manufacturing projects.

"I am greatly encouraged by this level of support from long-time customers. These sales have an immediate and positive impact on our cash position correcting an unanticipated drop in revenue in the first quarter of this year. These resources will allow us to concentrate on fostering new partnerships and opportunities in the coming months," said Tactex President & CEO David Lokhorst.

As reported on May 29, 2008, the Tactex board was concerned about the company's cash position. A follow up meeting of the board was held recently, and the board approved a cash management plan. The company has received more than $120,000 this month as deposits and advance payments against the new orders, alleviating the concerns about short-term cash resources.

Tactex Controls Inc. manufactures innovative touch sensitive surfaces for use in a variety of data gathering devices and custom controllers. The company specializes in developing innovative pressure and movement monitoring solutions for the healthcare industry.

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

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