Ontario Securities Commission/MindfulEye Enter Agreement

MindfulEye Inc announced that its subsidiary, MindfulEye.com Systems Inc, has entered into a technology development agreement with the Ontario Securities Commission (OSC). Under the terms of the agreement OSC officials will use MindfulEye's proprietary artificial intelligence technology to monitor online information. In exchange, the OSC will assist MindfulEye in developing new features for its suite of Internet market surveillance products.

MindfulEye Surveillance is the first service to be released by MindfulEye and is currently available in Canada through an exclusive distribution partnership with Canada NewsWire. MindfulEye Surveillance is designed specifically to help public companies track online information that could affect their stock price and that of their peer group.

The Director of the Enforcement Branch of the Ontario Securities Commission, Michael Watson, says that the quick adoption of emerging Internet monitoring technology is a high priority for market regulators. "The OSC has a keen interest in technology that helps us monitor for misuse of online discussion and market manipulation. We are happy to have the opportunity to use the surveillance technology provided by MindfulEye."

As part of its plan to aggressively roll out new product developments, MindfulEye is entering into a series of development relationships with market regulators like the OSC. Ray Torresan, MindfulEye president and CEO says, "As one of Canada's largest regulatory agencies, the OSC is an important addition to our list of development partners." By incorporating feedback from the OSC and other regulatory agencies, MindfulEye intends to enhance future releases of its advanced monitoring services.

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 the OSC

The Ontario Securities Commission is the independent provincial government agency responsible for regulating trading in securities in Ontario. Its mission is to protect and promote the public interest by regulating trading in securities.

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 or Frank Switzer, Director, Communications, Ontario Securities Commission, 416-593-8120.