Mindready Solutions Inc. ("Mindready") (TSX:MNY) announced today that it has
sought protection from its creditors under the Bankruptcy and Insolvency Act by
filing a notice of intention to make a proposal to its creditors. Following this
filing, all directors have resigned.


About Mindready

Mindready Solutions Inc. is a supplier of innovative solutions for test and
embedded systems serving the defense/aerospace, automotive/transportation and
telecommunications markets from design to manufacturing. More information about
Mindready and its products, systems and engineering services can be found at
www.mindready.com.
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