MONTREAL, QUEBEC--(CCNMatthews - April 30, 2007) - IBEX Technologies Inc. (TSX:IBT) announced today that the Company will hold a special meeting of shareholders on Monday, May 28, 2007 at 11:00 a.m., at the Auditorium of the Montreal Exchange, Tour de la Bourse, 4th Floor, 800 Victoria Square, Montreal, Quebec, for the purposes of approving the previously-announced acquisition of Garvinci Inc., and other matters. The acquisition has been conditionally approved by the Toronto Stock Exchange, subject to standard conditions and to approval by IBEX’s shareholders, other than its directors and officers and their associates. The management information circular prepared in connection with the special meeting of shareholders has been filed on SEDAR (www.sedar.com) and is being mailed to all IBEX shareholders. The Board of Directors of IBEX unanimously recommends that shareholders vote in favour of the acquisition.
