Mr. David Thom reports

ZEOX CORPORATION ANNOUNCES CLOSING OF FIRST TRANCHE OF PRIVATE PLACEMENT

Zeox Corp. has closed the first tranche of its previously announced financing in the amount of $168,000. A finder's fee of $9,000 will be paid in relation to a portion of the financing.

The financing is a unit financing at five cents per unit, with each unit consisting of one share and one warrant. Each warrant, together with payment of 10, cents would entitle the holder to receive one share of Zeox, for a period ending on the earlier of one year from closing of the offering being Feb. 1, 2013, 20 days notice from the corporation that Zeox has completed an equity financing of $1-million at 10 cents per share or more and 20 days notice from the corporation that the closing price or closing bid price of Zeox shares was at or above 25 cents for five consecutive trading days.

The 3.36 million shares and 3.36 million warrants issued pursuant to the closing of this first tranche have a hold period expiring on June 1, 2012. The net proceeds of the first tranche will be used by Zeox will be used to pay down accounts payable of the Canadian parent company and for general working capital.

Zeox intends to obtain further placements under the financing.

We seek Safe Harbor.