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CRITICALCONTROL SOLUTIONS (TSX-V: CCZ) NEWS RELEASE For Immediate Release: Monday, November 8, 2004 Calgary, Alberta CRITICALCONTROL CLOSES PRIVATE PLACEMENT CriticalControl Solutions Corp., (“CriticalControl” or the “Company”) (TSX Venture: CCZ) is pleased to announce that it has closed a private placement of shares at $0.10 per share for gross proceeds of $535,000 as contemplated in the Company's press release of October 22, 2004. $235,000 of the private placement was subscribed directly by officers, directors and employees of the Company. The remaining $300,000 was completed through an arrangement with Northern Securities (the "Agent") whereby a director of CriticalControl sold 3,000,000 shares of the Company at $0.10 through the facilities of the TSX Venture Exchange as arranged by the Agent and subscribed for $300,000 of shares at $0.10 under the private placement. All shares issued from treasury are subject to a four month hold period. About CriticalControl: CriticalControl provides organizations better control over their mission critical information. We build, operate and support applications which gather, manage and disseminate information primarily in government and the energy sector. Our imaging service bureau and outsourcing offering is the front end document gathering and control service for numerous government departments. We provide high end content and information management expertise to our government and energy sector clients to manage and securely share their critical information. Using our core area of expertise, we have assembled industry leading information control applications for the energy sector. These applications include ezy-Ops, a leading materials management application for the upstream oil and gas sector and PipeWorks, an industry leading application for the operation of pipelines around the world. For more information, please visit www.criticalcontrol.com. For further information, please contact: Mr. George Watson Chief Executive Officer Tel: (403) 705-7500 Fax: (403) 705-7555 E-mail: george.watson@criticalcontrol.com
or Mr. Alykhan Mamdani President Tel: (403) 705-7500 Fax: (403) 705-7555 E-mail: alykhan@criticalcontrol.com The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.
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