TUCSON, AZ--(Marketwire - June 30, 2008) - CDEX Inc. (OTCBB: CEXI) announced today that on June 25, it signed a financing agreement for up to $2.5 million and closed the first $1 million tranche of the financing with Gemini Master Fund, Ltd., an investment fund with offices in New York City and San Diego, CA. The financing is in the form of a two-year Convertible Debenture with rights of conversion into CDEX Class A Common Stock at a fixed conversion price.
