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Sanix Announces Stock Option Plan.


Tokyo, Japan, Apr 26, 2006 - (JCN JCN Japan Corporate News
JCN Journal of Cognitive Neuroscience
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JCN joint communications network (US DoD) 
 Newswire) - At the Board of Directors Meeting on April 26, 2006, Sanix Incorporated (Ticker ticker

An automated quotation system on which security transactions are reported after they occur on an exchange floor. Even though the newer systems are electronic and no longer actually tick, the name of the old mechanical device has stuck.
: 4651, TSE/OSE/FSE, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. : Shin-ichi Munemasa) resolved to allocate the stock acquisition rights for the purpose of granting stock options, pursuant to Articles 280-20 and 280-21 of Commercial Code of Japan. The proposal will be made at its 27th ordinary general meeting of shareholders on June 29, 2005.
1. Issue date of stock acquisition rights:
   April 30, 2006

2. Total number of stock acquisition rights:
   6,851 (The number of shares to be issued upon exercise of
   each stock acquisition right shall be 100.)

3. Issue price of stock acquisition rights:
   No consideration shall be paid

4. Class and the total number of shares to be issued or transferred upon
   exercise of common stock acquisition rights:
   685,100 shares of common stock of Sanix Incorporated

5. Amount to be paid in for exercise of stock acquisition rights:
   Determined on April 28, 2006  (Amount to be paid will be either the higher
   of the average closing stock price of the preceding month on which stock
   rights are issued, or the closing stock price of the business day
   next preceding day on which stock rights are issued.)

6. Total amount to issue common stock upon exercise of stock acquisition
   rights:
   Determined on April 28, 2006

7. Amount of capital incorporation upon exercise of stock acquisition rights:
   Determined on April 28, 2006(Multiply issue price per share by 0.5.
   Fractions will be rounded up to 1 yen.)

8. Persons to whom stock acquisition rights will be allocated:
   Total 1,066 directors, corporate auditors, operating officers and
   employees of Sanix Incorporated, and directors and employees of
   subsidiaries

9. Exercise period of stock acquisition rights:
   July 2, 2007 to June 30, 2009


(Reference)

1. Board of directors meeting to make a proposal asking for authorization The right or permission to use a system resource; the process of granting access. See access control.  to issue stock acquisition rights for the purpose of granting stock options at the ordinary general meeting of shareholders: May 18, 2005

2. Resolved at the ordinary general meeting of shareholders: June 29, 2005

About Sanix Incorporated

Sanix (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
: 4651) is Japan's leading provider of sanitation sanitation: see plumbing; sanitary science.  and environmental services The various combinations of scientific, technical, and advisory activities (including modification processes, i.e., the influence of manmade and natural factors) required to acquire, produce, and supply information on the past, present, and future states of space, atmospheric, . The company's business is divided into three areas; Home Sanitation, and Establishment Sanitation, which provides pest control pest control ncontrol m de plagas

pest control nlutte f contre les nuisibles

pest control pest n
 and sanitation maintenance and protection services for offices and public facilities. The Environmental Resources Development Division provides industrial waste management solutions and recycling recycling, the process of recovering and reusing waste products—from household use, manufacturing, agriculture, and business—and thereby reducing their burden on the environment.  services. This division positions Sanix as a leading provider of environmental services to society, which is becoming increasingly concerned about the health of the environment. Sanix's long experience in industrial waste management means the company is poised to take the lead in this new field.

Source: JCN http://www.japancorp.net

Contact:
Kozo Inoue
Managing Director
Sanix Incorporated
k-inoue@sanix.co.jp


Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K.
COPYRIGHT 2006 Japan Corporate News Network K.K.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:JCN Newswires
Date:Apr 26, 2006
Words:481
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