Graniz Mondal Inc. Enters Into Letter of Intent With DigiScreen Corporation

Market Wire, June, 2009

Upon the completion of the Transaction, the directors, senior officers and principal shareholders of Graniz are expected to include the following:

Daniel Langlois - Director and non-executive Chairman of the Board of Directors - Mr. Langlois holds a bachelor of design degree from Universite du Quebec a Montreal and is the President and founder of Ex-Centris, a state-of-the-art multi-theatre and production facility designed to evolve with the emergence of new digital production technologies. In addition, Mr. Langlois is the president of the Daniel Langlois Foundation, a private, philanthropic organization he created in 1997. Mr. Langlois is also involved in several other organisations active in cultural and scientific innovation. Mr. Langlois also founded Softimage Inc., serving as its President and Chief Technology Officer from November 1986 to July 1998. Prior to that, Mr. Langlois worked eight years as a film director and animator for private companies and the National Film Board of Canada.

Mr. Langlois has received many significant honours throughout his career. In 1994, Ernst & Young chose him as Canada's national entrepreneur of the year. The University of Sherbrooke bestowed an honorary doctorate degree in administration on Mr. Langlois in 1996. In 1997, the Academy of Motion Picture Arts and Sciences presented him with a Scientific and Technical Oscar. In 1999, he became a Knight of the National Order of Quebec and was named as an Officer of the Order of Canada in 2000.

Gregory Borsk - Director - Mr. Borsk is a chartered accountant. He is also the CEO and co-founder of Pine Point Capital Advisors Inc., a firm that he joined in January 2008 and that specializes in M&A, capital raising, corporate restructurings, and financial due diligence and outsourced CFO services. He was the CFO of FTI Foodtech International Inc., a public company, from September 2008 to March 2009. He was also the CEO and CFO of Thistletown Capital Inc., a public company, from 2001 to 2002. He was formerly employed with Becher McMahon Capital Markets Inc. in 2007, Veris Health Services Inc. from 2005 to 2007, and Continua Capital Inc. from 2001 to 2004. Mr. Borsk was a senior manager at Deloitte & Touche LLP from 1993 to 2000.

Richard-Marc Lacasse - Director - Mr. Lacasse is a professor in Business Policy and Project Management at Universite du Quebec. He is also director of Ditem Inc. since 2001 and a director of Appalaches Resources Inc. since 2006.

Mark Hooper - Director and President - Mr. Hooper holds a bachelor's degree in theoretical physics from Concordia University and, since 2006, is the President and Secretary of DigiScreen Inc. He joined DigiScreen in 2003 as Vice-President, Technology. Mr. Hooper has been responsible for managing DigiScreen's technical and business activities since its inception. From 1998 to 2003, Mr. Hooper was Vice-President, Technology and Development of Pixel Systems, a continent-wide network of computer systems used for advertising campaign management, content distribution across satellite and broadband networks, and for multi-media presentation on large-format electronic displays. Mr. Hooper has a track record of 25 years of development of successful new products for high-tech companies in fields ranging from process sensors (pulp and paper), machine vision and human perception emulation (forensic ballistics), pattern recognition (security) to parallel processing for medical imaging and on-demand multimedia networks.


 

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