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To: Gilbert Drapeau who wrote (173)	1/23/2001 9:15:09 AM
From: Gilbert Drapeau	Read Replies (1) \| Respond to of 192

Mindready Solutions Inc. Announces Exercise of Over-Allotment Option MONTREAL, QUEBEC--JANUARY 23, 2001 - 09:00 EST Mindready Solutions Inc., a leading supplier of test engineering and real-time communications solutions, announced today that the underwriters of the company's recently completed initial public offering have exercised their over-allotment option to purchase an additional 375,000 subordinate voting shares at the IPO price of CAN$12 per share. Mindready's completion of the offering results in the issuance of a total of 2,875,000 subordinate voting shares for a gross proceeds of CAN$34,500,000. The over-allotment option was granted in connection with Mindready's initial public offering of 2,500,000 subordinate voting shares, which began trading on the Toronto Stock Exchange on Thursday, 21 December 2001. Following the offering, Mindready will have a total of 10,999,409 subordinate voting shares and 1,000,000 multiple voting shares outstanding. The underwriting syndicate was led by RBC Dominion Securities Inc., and includes CIBC World Markets Inc., Yorkton Securities Inc., Desjardins Securities Inc. and National Bank Financial Inc. Mindready's headquarters are based in the Montreal area, Canada. Mindready also has offices in England and in Northern Ireland, and currently employs approximately 400 people. Mindready is a leading supplier of test engineering services and real-time communications solutions for embedded systems for the telecommunications, aerospace and multimedia industries. Recognized as a leader in IEEE-1394-based products, Mindready offers complete innovative solutions based on this technology. Mindready's expertise covers design and development of real-time applications, as well as complete test engineering solutions for complex embedded systems. Mindready's clients include Nortel Networks, Hewlett-Packard, WindRiver, Boeing, Fujitsu, Maxtor, Xerox and Texas Instruments. More information about Mindready and its products and services can be found at www.mindready.com.