Mr. Marcel Kessler reports

PASON ANNOUNCES NORMAL COURSE ISSUER BID

The Toronto Stock Exchange has accepted Pason Systems Inc.'s notice of intention to commence a normal course issuer bid. Under the NCIB, Pason may purchase for cancellation, from time to time, as Pason considers advisable, up to a maximum of 6,021,970 common shares of Pason, which represent 10 per cent of the public float of 60,219,704 common shares as at Feb. 25, 2015. Purchases of common shares will be made on the open market through the facilities of the TSX and through a variety of alternative trading systems. Pason will pay the prevailing market price of the common shares on the TSX at the time of any purchases made by Pason. The actual number of common shares that may be purchased for cancellation and the timing of any such purchases will be determined by Pason, subject to a maximum daily purchase limitation of 51,890 common shares, which equate to 25 per cent of Pason's average daily trading volume for the six months ended Feb. 28, 2015. As permitted by the TSX rules, Pason may also make one block purchase per calendar week, which exceeds the daily purchase restriction.

The NCIB will commence on March 6, 2015, and will terminate on March 5, 2016, or such earlier time as the NCIB is completed or terminated at the option of Pason. FirstEnergy Capital Corp. will act on Pason's behalf to make purchases of common shares pursuant to the NCIB.

Management of Pason believes that, from time to time, the market price of its common shares may not fully reflect the underlying value of the common shares and that at such times the purchase of common shares would be in the best interests of Pason. Such purchases will increase the proportionate interest of, and may be advantageous to, all remaining shareholders.

We seek Safe Harbor.