News

2010 | 2009

Mediagrif Announces Appointment of New Directors

Longueuil, Canada – February 6, 2009: Mediagrif Interactive Technologies Inc. (TSX: MDF), a world-leading developer of e-business networks and provider of complete B2B e-business solutions, today announced three new appointments to its Board of Directors.

The following newly appointed directors cumulate extensive knowledge and experience of the technology industry, M&A and international operations and are key additions to the Board.

André Courtemanche is the President and CEO of VIAVAR Capital, a private equity firm which he founded in 2005. Prior to that, Mr. Courtemanche had founded Steltor, a collaborative software company which he successfully sold to Oracle Corporation.

Patrice Commune is the President of Presagis, a subsidiary of CAE Inc., since 2007. An industry leader in commercial-off-the-shelf (COTS) modeling, simulation, and embedded display graphics software solutions, Presagis was formed following CAE's acquisition of Engenuity Technologies, MultiGen-Paradigm, and TERREX. Prior to, Mr. Commune was President of Engenuity Technologies and held the position of VP International Operations at MontaVista Inc., a leading global supplier of systems software for intelligent connected devices and associated infrastructure.

Gilles Laurin is a chartered accountant and serves as an advisor and director for different corporations since 1996. From 2000 to 2003, he served as Vice-President, Partners Support, for Capital d'Amérique CDPQ Inc., a subsidiary of the Caisse de dépôt et placement du Québec. Prior to 1996, he held executive positions in various companies such as Sico Inc. and Groupe Permacon Inc.

The Board has also accepted the resignation of long-time board member Léon Courville.

"The Board wishes to thank Léon Courville for his unremitting support to Mediagrif's growth and expansion since the time he joined the Board in 2000. His guidance throughout the years has been highly regarded among the Board and the Company and we wish him much success with his current professional responsibilities and future endeavours," said Claude Roy, Chairman and CEO by interim of Mediagrif.

The Board is now comprised of seven (7) Directors, including Claude Roy, Marc P. Brunet, Michel Dubé, who were appointed on December 15, 2008, and Jean-François Sabourin. To that effect, the Audit Committee will be comprised of Gilles Laurin who was named President, of André Courtemanche and Jean-François Sabourin. As for the Human Resources Committee, it will be comprised of Michel Dubé, who was named President, of Patrice Commune and Jean-François Sabourin. All members of these Committees are independent pursuant to the applicable regulations.

About Mediagrif Interactive Technologies Inc.

Mediagrif Interactive Technologies Inc. (TSX: MDF) is a world-leading operator of e-business solutions. Mediagrif's e-business networks allow buyers and sellers within specific industries to source, purchase or sell products and to exchange documents more efficiently using the Internet. Mediagrif operates 15 networks, including industry leaders The Broker Forum , Power Source On-Line , Telecom Finders , Global Wine & Spirits and Polygon . Mediagrif also owns MERX , the exclusive provider of e-publishing services to the Government of Canada, and is a leading provider of government bid aggregation services and e-procurement services in the U.S. Headquartered in Longueuil, Mediagrif has several offices in North America and Asia. For more information, please visit us at www.mediagrif.com or call 1 877 677-9088.

For further information: