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Canadian Venture Exchange to use MindfulEye Service

MindfulEye Inc announced that its subsidiary, MindfulEye.com Systems Inc, and the Canadian Venture Exchange (CDNX) have entered into an agreement whereby Canadian Venture Exchange officials will test MindfulEye's unique Internet market surveillance service.

MindfulEye's surveillance service is expected to assist officials at CDNX in watching an even greater array of online chat, discussion, news groups, and editorial sources for rumors and other information that could affect the market of companies that trade on the exchange.

"The proliferation of online discussion about publicly traded companies has added a new dimension to our market surveillance responsibilities," says Angela Huxham, Director of Surveillance of the Canadian Venture Exchange. According to Huxham, "It is important that we make full use of technologies that help us ensure market integrity for our listed companies."

According to Ray Torresan, MindfulEye's president and CEO, the agreement is significant for the continued development of the company's line of Internet surveillance products. "As a venture capital marketplace with over two thousand companies to monitor, the CDNX is the perfect place to demonstrate the value of our technology. This agreement and others like it will greatly benefit our ability to tune the product line to satisfy the needs of public companies, securities exchanges, and regulatory bodies."

About MindfulEye

MindfulEye.com Systems Inc (MindfulEye) is a wholly owned subsidiary of MindfulEye Inc. MindfulEye is the creator of Lexant, an artificial intelligence technology that can read and understand language as it occurs on the Internet. MindfulEye's first application of Lexant is for the investment community. The service automatically alerts subscribers in real time to online rumors and changes in public sentiment about companies they are interested in.

About the Canadian Venture Exchange

The Canadian Venture Exchange (CDNX) was launched in November 1999 with some 2300 listed companies active in the technology, resource, industrial and manufacturing sectors. As Canada's venture capital marketplace, CDNX provides emerging companies with improved access to capital while providing investors with a well-regulated market in which to make venture investments.

Contact Ray Torresan, president and CEO, MindfulEye Inc, www.MindfulEye.com, Suite 300, 355 Burrard Street, Vancouver, BC, Canada, V6C 2G6, (604) 638-6800, Fax: (604) 638-6820, Email: ir@MindfulEye.com

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