RESIGNATION OF BOARD MEMBER
7/10/2008 12:00:00 AM

NEWS RELEASE

 

RESIGNATION OF BOARD MEMBER

 

Toronto, July 10, 2008 - The Board of Directors of Advantex Marketing International Inc. (TSX:ADX) today announced that Peter Charlton has resigned his position as a director of the Company, effective June 30, 2008.

“The reduction in the size of the Board is a part of the cost saving measures that were identified and are being implemented since mid-March, 2008”, said Stephen Burns, Lead Director.

Peter Charlton has served as a member of the Board of Advantex since February, 2004. The Board wishes to thank Peter Charlton for his valuable participation over the years.

 

About Advantex Marketing International Inc.

Advantex Marketing International Inc. is a leading marketing services company, specializing in Advance Purchase Marketing Programs for merchants, coalition loyalty rewards programs, and online shopping malls. Advantex loyalty partners include CIBC, United Airlines, Delta Air Lines, and other major North American corporations, as well as a growing list of restaurants, online retailers, golf courses, small inns and resorts.  Advantex is a public company, traded on the Toronto Stock Exchange under the symbol "ADX". For additional information on Advantex, please visit www.advantex.com.

This press release may contain certain forward-looking statements relating, but not limited, to the Company’s expectations, intentions, plans and beliefs with respect to the financial performance of the Company. Forward-looking statements can often be identified by forward-looking words such as “anticipate”, “believe”, “expect”, “goal”, “plan”, “intend”, “estimate”, “may” and “will” or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward looking statements are not historical facts but reflect the Company’s current expectations regarding future results or events. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking information. By its nature, forward-looking information involves numerous assumptions, inherent risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and various future events will not occur. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

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For further information please contact:

 

Mukesh Sabharwal

Chief Financial Officer and Vice President

Tel: (905) 470-9558 ext. 249
E-mail: mukesh.sabharwal@advantex.com