News Release

Vancouver – In a settlement with the B.C. Securities Commission, the chair and chief executive of a B.C.-based electronics-manufacturing firm has been banned from securities markets for nine years and must pay $100,000 for violating securities laws.

Under the nine-year ban, Steven Allan Wylie de Jaray, a former director and officer of AimGlobal Technologies Co. Inc., a onetime Toronto Stock Exchange- and American Stock Exchange-listed company, cannot be a director or officer of any public company. He cannot engage in investor relations and he may only trade securities in restricted circumstances.

De Jaray was an insider and a control person of AimGlobal between June 1999 and October 2002. During this period, he violated securities laws by failing to file notices and insider reports for his trading in AimGlobal’s shares. Because of de Jaray’s failure to file, he was responsible for four misleading filings by AimGlobal.

He acted contrary to the public interest when he failed to put in place adequate and properly documented compensation controls for AimGlobal. He also did not tell AimGlobal’s board of directors that a consultant, who worked for the company, had transferred ownership of an expensive automobile over to him for no cash consideration from de Jaray.

Included in the $100,000 that de Jaray must pay the BCSC is $35,000 for costs of the investigation.

The B.C. Securities Commission is the independent provincial government agency responsible for regulating trading in securities and exchange contracts within the province. The settlement can be accessed through the commission’s website www.bcsc.bc.ca or by contacting Andrew Poon, Media Relations, 604-899-6880.