Press Release

Issued by IFS.

April 6, 2010

Mxi Technologies, the leader in aviation maintenance management software, is pleased to announce that it has been recognized as one of Canada's "Top 25 Software Companies". For the past seventeen years, the list, published annually by the Branham Group, has highlighted the top software companies operating in Canada. The 2010 listings mark a milestone for Mxi as well, as we celebrate our tenth time being named to the list of the "Top 250 Canadian Technology Companies".

"Recognition of this form is especially important as it further supports our commitment to building a world-class organization," said Les Hine, President and CEO of Mxi Technologies. "As the leading software provider in the aviation maintenance industry, we are honored to be in the company of the other noted and accomplished organizations."

Despite challenging market conditions in 2009, Mxi Technologies realized a three-year compounded growth rate of over 40 per cent and a nine per cent increase over 2008 revenues.

The Branham300 listing is available online at www.branham300.com, as well as published annually in the April/May issue of Backbone Magazine, which will be distributed nationally through the Globe and Mail on April 7th, 2010.