Solium News


Solium Capital Inc. appoints new VP Market Development

CALGARY, August 30, 2004 - Solium Capital Inc. announces the addition of Jeff English in the role of Vice President, Market Development effective August 30, 2004.

Mr. English was most recently Vice President and Director, Energy Origination, at TD Commodity and Energy Trading Inc. (a unit of TD Securities), responsible for overseeing market development and product sales to energy clients in North America. Prior to TD Securities, Mr. English spent 12 years in progressively more senior marketing roles with Engage Energy Canada, an energy merchant subsidiary of Westcoast Energy Inc. which was acquired by Duke Energy Corporation in 2001.

In connection with Mr. English's appointment, 250,000 stock options with an exercise price of $0.50 per share were granted to him, of which 100,000 options are subject to additional vesting criteria over and above the normal vesting criteria.

About Solium Capital Inc.

Solium Capital Inc. (TSX Venture: SUM) specializes in technology and services for the administration of equity-based incentive and savings programs for public corporations and their employees. Through its web-based applications, Solium is focused on re-defining the product and service standards in this sector. Solium's flagship products are Employee Stock Option Administration Platform (E-SOAP) and Share Purchase. Both are web-based and real-time applications.

For more information, please visit www.solium.com.