C.E.M. Centry Electronic Monitoring Corporation - Announcement.

TORONTO--(BUSINESS WIRE)--Sept. 5, 1995--CEM Centry (VSE:CNT) CEM Centry Electronic Monitoring Corporation (the "Company"), an Ontario based company, has designed and patented sophisticated, electronic technology, for tracking the movement of persons and objects within a predetermined area.

To date, this technology has been incorporated into products which can monitor children and persons with wandering tendencies, such as Alzheimer and other dementia diseases. On February 6, 1995 the Company announced the entering into agreement with The Tracker Corporation, for private placement of $575,000, by way of a Convertible Debenture and General and Administrative Credits. It is with regret the Company has to announce, that this agreement has been terminated, due to Tracker's failure to comply with the terms and conditions of the agreement.

However, an agreement has been entered into with a US based firm to act as agent for the Company. The Company has received a proposal for $300,000 USD, bridge loan, and a further $1,800,000 USD, debenture. This financing is subject to the completion of applicable agreements, satisfactory to the Company, and the Vancouver Stock Exchange.

The proceeds from these funds, will permit the Corporation to launch its marketing and sales efforts in Canada and the United States, without further delay.

The head office location is 180 Dundas Street West, Suite 1505, Toronto, Ontario M5G 1Z8.

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Note: No Securities Commission or Stock Exchange has passed upon the contents hereof.

CONTACT: Mr. Roy Bradshaw

[phone]

[phone] (Fax)