Talware Networx Inc.
TSX VENTURE : JBS

Talware Networx Inc.

April 18, 2008 11:04 ET

Talware Networx Inc.: Press Release

TORONTO, ONTARIO--(Marketwire - April 18, 2008) - Talware Networx Inc. ("Talware") (TSX VENTURE:JBS) announces that both Alan Rootenberg and Paul Vorvis have tendered their resignations as officers of Talware effective March 31, 2008. Mr. Vorvis most recently served as interim President and Chief Executive Officer and Mr. Rootenberg most recently served as interim Chief Financial Officer. As previously announced, Paul Pathak has been appointed President of Talware.

Talware's common shares will remain halted from trading on the TSX Venture Exchange pending clarification from the Ontario Securities Commission (the "OSC") with respect to the OSC's review of the Company's recent submission regarding certain continuous disclosure filings.

The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although Talware believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Talware disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

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

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