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Imex Systems Announces Stock Option Grants

TORONTO, July 19, 2018 (GLOBE NEWSWIRE) -- Imex Systems Inc. (TSX-V:IMEX) (“Imex” or the “Company”) announces that it has made a grant of stock options under its stock option plan to certain of its directors and officers to acquire a total of 1,200,000 common shares of the Company. All of the options are exercisable at a price of $0.18 per share. The options have a term of 5 years and are subject in all respects to the terms of Imex's stock option plan and the requirements of the TSX Venture Exchange.

About Imex Systems

Imex Systems Inc. is a Canadian software products and solution provider to Governments, Municipalities and Public Authorities in Canada and internationally. Imex primarily focuses on E-Government and the Smart Cities market that also include the integration to payment processing.  The company helps public sector entities to provide "Any Time, Any Where, Any Device and Any Channel" convenience for citizens to access government services and help with digital transformation of government operations and streamline revenue. Imex's various product and service offerings include: iGov - a Digital Government Platform for all levels of governments, which provides all the pre-built components for building an effective Digital Government and supporting payment processing through multiple channels; iCity - a Smart City Solution; and miGov - a Mobile Government Framework.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Imex Systems Inc.
Kris Parthiban, Interim President and CEO
416 899 9720

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