VANCOUVER, BC (TSX-V: VIS) (XETRA: IGYA) ("Visiphor" or the "Corporation") announces today that it is seeking regulatory approval to settle $850,900 in existing debt owing to seven non-arms length parties, six of which are directors of the Corporation and the other a past director of the Corporation, which will be issued common shares with no warrants. The debt will be settled through the issuance of 8,509,000 Common Shares at $0.10 per share. The common shares will be subject to a four month hold period.

The securities will not be registered under the United States Securities Act of 1933, as amended (the "US Securities Act"), and may not be offered or sold within the United States or to, or for the account or benefit of, "US persons," as such term is defined in Regulation S promulgated under the Securities Act, except in certain transactions exempt from the registration requirements of the US Securities Act.

This news release shall not constitute an offer to sell or an offer to buy the securities in any jurisdiction.

About Visiphor

Visiphor is a software product and services company with special capabilities for delivering practical, rapidly deployable solutions serving the government, law enforcement, security, health care and financial services sectors.

Visiphor's products include Computerized Arrest and Booking (CABS), the InForce Suite to search and locate disparate information, Facial Recognition, and the Briyante Integration Environment (BIE) for integration needs.

Visiphor solutions are utilized in Canada, the United Kingdom, United States, Mexico and the Far East. The company is a Microsoft Gold Certified Partner. For information about Visiphor, please refer to www.visiphor.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"Oliver 'Buck' Revell"
Chairman, Visiphor Corporation

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Forward-looking Statements: This press release may contain statements that constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. In some cases you can identify forward-looking statements by the use of words such as "may," "will," "should," "could," "expect," "plan," "estimate," "predict," "potential," continue," "believe," "anticipate," "intend," "expect," or the negative or other variations of these words, or other comparable words or phrases. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include the risks and uncertainties described in Visiphor Corporation's Form 10-KSB filed with the United States Securities and Exchange Commission. Although the Company believes that expectations reflected in its forward-looking statements are reasonable, the Company cannot guarantee future results, levels of activity, performance, achievements or other future events. Moreover, neither the Company nor anyone else assumes responsibility for the accuracy and completeness of these forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Distributed by Filing Services Canada and retransmitted by Marketwire

Investor and Media Inquiries: Roy Trivett CEO Visiphor Corporation Phone: +1(604) 684-2449 Ext. 234 E-mail: Email Contact

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