SHOPLOGIX SECURES AN ADDITIONAL $7 MILLION IN FINANCING

Toronto, Ontario - June 19, 2007 – Shoplogix, a leading provider of real-time performance management solutions (RPM), today announced the closing of a $7 million capital investment from JLA Ventures and EdgeStone Capital Partners. These firms are among the most highly regarded private equity investors with years of proven experience in building successful technology companies.

With this additional funding, Shoplogix intends to expand its capabilities in several areas. Kevin Dwyer, President and CEO of Shoplogix said, “Our growth to-date has been a direct outcome of our very successful customer implementations, and we will continue to invest to ensure that our customer service offering meets the needs of our growing customer base. In addition, the market`s focus on manufacturing efficiency is driving increased demand for RPM solutions, and so Shoplogix will expand in sales and marketing to take advantage of this opportunity. The new funding will also be used to accelerate product development so that we can extend our product capabilities while the market demand is high, enabling Shoplogix to maintain its competitive position".

John Albright, principal of JLA Ventures has joined the company's Board of Directors. Mr. Albright remarked, “The need for innovative manufacturing solutions continue to intensify as global pressures force companies to control cost. We see enormous market potential for Shoplogix and with this financing the company is now well positioned to be at the forefront of the industry".

"Based on the leadership Shoplogix has established and outstanding performance since our initial investment, we are delighted to reinvest and provide a second round of funding. Shoplogix addresses the market's current focus on manufacturing efficiency in a unique way. The company's momentum is accelerating as each customer rapidly achieves a substantial ROI," said Derek Smyth of Edgestone Capital Partners.

The company's RPM solution Plantnode®, is developed on lean and six sigma principles. Shoplogix employs these concepts to deliver a solution that helps manufacturers accelerate performance improvement initiatives to increase efficiency and drive down the total cost of production.