MindfulEye Announces Agreement with Canada NewsWire

MindfulEye.com Systems Inc, a wholly owned subsidiary of MindfulEye Inc, announced an agreement with Canada NewsWire (CNW), Canada's most widely used public corporate disclosure newswire, to offer advanced Internet market surveillance technologies and services for public companies, securities exchanges, and regulatory bodies. Under the terms of the agreement, Canada NewsWire will act as the exclusive Canadian distributor of MindfulEye's Surveillance and SurveillancePro services.

MindfulEye is the creator of Lexant, an artificial intelligence technology that can read and understand language as it occurs on the Internet. It is currently the most advanced service offering real-time monitoring of chat rooms. MindfulEye.com monitors ninety per cent of all financial discussion on the Net, and processes more than half a million individual mentions every day.

"Public companies have been telling us that information disseminated over the Internet in chat rooms, discussion forums, and other online sources can have serious impact on a company's share price and reputation," said Tom Enright, president and CEO of Canada NewsWire. "MindfulEye's superior artificial intelligence technology will help our clients more effectively monitor and react to what's being said about them online. The service supports CNW's vision of providing companies with success tools to maximize their communication efforts, and strengthen the Canadian capital markets."

The Canada NewsWire deal is the first of what MindfulEye hopes will be many major distribution partnerships. Ray Torresan, MindfulEye president and CEO states, "Canada NewsWire is arguably Canada's largest distributor of news and information to the media, financial community and public on behalf of 7,000 companies. Our partnership gives them an opportunity to leverage their proven success in that channel."

MindfulEye and Canada NewsWire will officially launch the Internet surveillance services to the Canadian market in mid-November.

About MindfulEye

MindfulEye.com Systems Inc 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 Canada NewsWire

Canada NewsWire is one of the nation's leaders in the electronic delivery of time-critical news and information on behalf of thousands of Canadian and international organizations. Through traditional and new media channels, CNW's multi-technology services combine the best of wire, broadcast fax, satellite, radio and television, e-mail and Internet to create successful integrated communications solutions. CNW's extensive network reaches local, national, and global audiences in the media, financial and Internet communities, and other key stakeholders as required. In partnership with its international affiliates, CNW is part of the world's largest communications network.

Contact Ray Torresan, president and CEO, MindfulEye Inc, www.MindfulEye.com, Suite 300, 355 Burrard Street, Vancouver, BC, Canada, V6C 2G6, Tel: (604) 638-6800, Fax: (604) 638-6820, Email: ir@MindfulEye.com; Melanie Kurzuk, Director Corporate Communications, Canada NewsWire, www.newswire.ca, Suite 1500, 20 Bay Street, WaterPark Place, Toronto, ON, Canada M5J 2N8, Tel: (416) 863-2086, Fax: (416) 863-4825, Email: melanie.kurzuk@newswire.ca.