Tele-FIND Technologies Corp.

Tele-FIND Technologies Corp.

August 28, 2007 17:09 ET

Tele-FIND Technologies Corp.: News Release

RICHMOND HILL, ONTARIO--(Marketwire - Aug. 28, 2007) - Tele-FIND TECHNOLOGIES CORP. ("Tele-FIND" or the "Company") (TSX VENTURE:TFT) announces that it has terminated its contract to supply Information Management Services to a private Ontario Corporation providing discount prescription services to U. S. residents. The contract was terminated early to mitigate losses associated with declining transaction volumes and represented the only source of revenue for the Company at its termination on May 31, 2007.

The Company is continuing to review potential business combinations through merger or acquisition with active companies in related or other industries.

About Tele-FIND

The Company trades on the TSX Venture Exchange under the symbol TFT. The Company is in the business of facilitating prescription order processing, call centre support and information management services. Visit

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

Contact Information