ISee3D Inc. Announces Short Term Loans Arranged With Related Parties

(TSX VENTURE: ICG.H). ISee3D Inc. (the "Company") announces today that it has applied to the TSX Venture Exchange for approval to issue four (4) Promissory Notes relating to non-convertible, unsecured loan facilities, in the aggregate amount of $240,000 (the "Loans"), provided to the Company by two (2) parties related to the Company and by two (2) unrelated parties.

The Loans will all have a maturity date of February 15, 2009 (but such date may be extended at the discretion of the respective lenders) and will bear interest at the rate of 12% per annum. The Loans may also be prepaid, at the discretion of the Company, without penalty.

The funds raised pursuant to the Loans will be for general working capital purposes.

Except for statements of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS INFORMATION AND HAS NEITHER APPROVED NOR DISAPPROVED OF THE CONTENTS OF THIS PRESS RELEASE.

Contacts: Pershare Capital Corporation Maurice Loverso (514) 286-0909

SOURCE:  ISee3D Inc.

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