Xentel DM Incorporated

Xentel DM Incorporated

September 02, 2005 09:01 ET

Xentel Grants Stock Options

CALGARY, ALBERTA--(CCNMatthews - Sept. 2, 2005) - Xentel DM Incorporated (TSX VENTURE:XDM), a North American specialty entertainment and relationship marketing company, is pleased to announce that its Board of Directors has, effective today, approved the granting of stock options for 1,090,000 shares to its employees, exercisable at 55 cents per share, expiring on August 31, 2010 and vesting as to 20% per annum. These options are subject to a four-month hold period expiring, January 1, 2006. Of the total options issued, there are 100,000 options granted to officers and 100,000 options granted to investor relations personnel.

A maximum of 2,481,366 common shares are reserved for issuance for the Corporation's Stock Option Policy. Following the grant of options set out in this press release, the Corporation shall have issued 1,790,000 options to acquire common shares of the Corporation.

XENTEL DM Incorporated is one of North America's leading relationship-marketing concerns and producers of cause related entertainment events. The Company's success is attributable to proprietary sales tools including technologically advanced teleservices and sophisticated customer databases. Xentel DM Incorporated has over 450 clients and 3,000 employees in 31 offices across North America.

The TSX Venture Exchange has neither approved nor disapproved the contents of this announcement.

Contact Information