IMAGIS TECHNOLOGIE - 500 Beiträge pro Seite

[hannemaus]

Source MARKET NEWS
Date 04/22/2005
Time 03:52:33 AM
Company Imagis Technologies Inc.
Title Brokered Financing Oversubscribed





DMIS Processed No CDNX Symbol: WSI
Exchange: VSE Symbol: WSI
Exchange: Symbol:
Exchange: Symbol:








Press Release





Brokered Financing Oversubscribed## --->@NEWS RELEASE#IMAGIS TECHNOLOGIES INC
(

[jacky06]

Imagis Announces Brokered Financing Oversubscribed
Thursday April 21, 7:05 pm ET


VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 21, 2005) - Imagis Technologies Inc. ("Imagis") (TSX VENTURE:WSI - News; OTCBB:IMTIF - News; DE:IGYA) announced today that further to the news releases of April 4 and 14, 2005 it will be increasing the amount of the financing from $1.5 million to $1.7 million. This increase comes as a result of strong investor demand for the offering. The terms of the financing will remain the same.
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The securities will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be offered or sold within the United States or to, or for the account or benefit of, "U.S. persons", as such term in defined in Regulation S promulgated under the Securities Act, except in certain transactions exempt from the registration requirements of the U.S. Securities Act.

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

About Imagis Technologies Inc.

Based in Vancouver, British Columbia, Imagis specializes in developing and marketing software products that enable integrated access to applications and databases. The company also develops solutions that automate law enforcement procedures and evidence handling. These solutions often incorporate Imagis` proprietary facial recognition algorithms and tools. Using industry standard "Web Services", Imagis delivers a secure and economical approach to true, real-time application interoperability. The corresponding product suite is referred to as the Briyante Integration Environment (BIE).

Numerous production deployments of BIE have demonstrated remarkable reductions in the time, complexity, and risk associated with defining, implementing, and supporting integrated access to physically and technologically disparate computers. The broad ranging applicability of BIE into a variety of areas (e.g., health care, financial services, government services, telecommunications, etc.) has been clearly demonstrated by recent, highly-successful deployments in the United States and Canada. Imagis booking and facial recognition systems are deployed in Canada, the United Kingdom, United States, Mexico and the Far East.

Imagis is a Microsoft Certified Partner.