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Message: Grant of Stock Options

Grant of Stock Options

posted on Apr 02, 2009 08:15PM


Active Control Technology Announces Grant of Stock Options

Thu Apr 2, 6:46 PM

TSX-V: ACT



TORONTO, April 2 /CNW/ - Active Control Technology Inc. (TSX-V: ACT.V) announced today that an aggregate of 1,825,000 options to purchase common shares of the Corporation at $0.25 per share for five (5) years were granted to three (3) senior officers, two (2) employees and four (4) consultants of the Corporation. The options are subject to vesting periods between 18 months and 3 years.

The grants are subject to acceptance by the TSX Venture Exchange.



About Active Control Technology



ACT designs and markets wireless network control and communication systems for buildings and mining. Located in Burlington, Ontario, Canada, the company trades publicly on the TSX Venture Exchange under the symbol ACT. For more information, visit the company's website at www.activecontrol.com.



    
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    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.
    




Contacts

Steve Barrett
President & C.E.O.
Active Control Technology Inc.
Tel.: (905) 670-5500 ext. 202
Fax: (905) 592-9691
Email: sbarrett@activecontrol.com
Website: www.activecontrol.com

Don Hogarth
Hogarth Communications Inc.
Tel.: (416) 565-8920
Email: don@hogarthpr.com

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