(via Thenewswire.ca)

Montreal, Quebec / TheNewswire / October 25, 2016 - Clemex Technologies Inc. ("Clemex" or the "Company") (TSXV: CXG.A) announces that in light of the ongoing negotiations for a proposed privatization of Clemex by 9804064 Canada Inc., a newly-incorporated corporation owned by a group of shareholders, including RAL Diagnostics SAS, Zwick Roell AG and Mr. Yves Bassat, the President, Chief Executive Officer and Chairman of the Board of Directors, it has rescheduled its annual its annual and special meeting of shareholders initially expected to be held on October 28, 2016 to December 5, 2016, with a new record date at the close of business on November 7, 2016.

About Clemex Technologies, Inc.

Clemex Technologies Inc. develops, manufactures and markets image analysis systems and software used by quality control and research microscopy laboratories. Clemex's customer base spans over many countries in America, Europe, Asia and encompasses major Research and Development Centers, prestigious Universities and large manufacturing industries in various fields including healthcare, automotive, aerospace, raw materials manufacturing, pharmaceuticals, mining and other sectors.

Clemex Technologies Inc,

800 Guimond,

Longueuil, QC, Canada J4G 1T5,

Contact:

Yves Bassat

Tel: 450.651.6573

Email: ir@clemex.com

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