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Satnews Daily
January 18th, 2010

COM DEV International — Financially Speaking...


COM DEV International Ltd. (TSX - "CDV") now has acceptance by the Toronto Stock Exchange of the Corporation's Notice of Intention to make a Normal Course Issuer Bid through the facilities of the TSX. Pursuant to the Notice, the Corporation proposes to repurchase up to an aggregate of 7,165,031 common shares during the 12 month period (the "Bid Period") commencing January 19, 2010 and ending January 18, 2011. The Corporation shall make available a maximum of CDA$18,000,000 to fund the repurchase of common shares during the Bid Period. The Corporation will determine the number of common shares to be repurchased and the timing of such purchases subject to the normal course issuer bid policy of the TSX. All common shares repurchased by the Corporation during the Bid Period will be cancelled.