Completion of AssistGlobal Asset Purchase - Meridex completes acquisition - Completion of Acquisition of Assets of SDM Enterprises Inc. Trading symbol: TSXV: MSC OTC: MSCLF Frankfurt: MWG1 RICHMOND, BC, July 6 /PRNewswire-FirstCall/ -- Completion of AssistGlobal Asset Purchase ----------------------------------------- Meridex Software Corporation ("Meridex") is pleased to announce that effective June 24, 2005 Meridex has entered into an asset purchase agreement with AssistGlobal Inc. The assets include intellectual property (the MicroView product line) and equipment, all strategic to Meridex's goal of expanding their software and hosting offerings into the international marketplace. The expansion will be facilitated by a wholly owned subsidiary within the Meridex group that will develop the Facilities and Project management focus for the company. The assets will form the technology platform for software and services development to be marketed within various sectors of the Project and Facilities Management industries. Meridex will provide the subsidiary any operational support necessary to execute sales and marketing initiatives in an effort to reach these markets and promote revenue growth. "This purchase will immediately expand our product and services offerings," says Dr. Intesar Ramley, CEO of Meridex, "and enables the company to grow into new geographic markets." MicroView products are currently used worldwide by over 800 clients in 17 countries, and are distributed globally through an established reseller network. Some of the key organizations using MicroView products include: Intrawest, Veterans Administration (VA Medical Centers), Government of Canada, Exxon Mobil, NASA, University of Sydney, ItalFerr, United States Navy, Macromedia, British Columbia Institute of Technology, Fraser Health Authority. Meridex completes acquisition ----------------------------- Meridex Software Corporation ("Meridex") is pleased to announce that effective June 24, 2005 Meridex has entered into a definitive agreement whereby, Meridex will acquire 100% of the shares of 0728309 BC Ltd. Shares will be issued on a scheduled basis whereby the first 350,000 shares will be issued upon closing with an additional 350,000 shares issued on December 24, 2005 and the final 400,000 shares issued January 15, 2006. The share exchange agreement with 0728309 BC Inc. will also include the transfer of all intellectual property used in the development of mobile products and services for the Facilities and Project Management industries. Specifically, intellectual property regarding M3, a software application for handheld devices to manage Facilities, will be used to continue development of this new mobile product and subsequent commercial release. M3 is a software application for handheld computing devices and is used for a variety of Facilities Management activities such as asset management, space management, maintenance management, parts management, inspections and condition assessment. M3 employs innovative language localization technology that allows the software to be operated in a wide variety of languages. "We are very pleased with this acquisition" says Dr. Intesar Ramley. "Meridex now has the foundation to build competitive, effective products and expand our global reach." Additionally, Meridex has secured employment management agreements with Geoffrey Dryer, Steven Lisle and Catherine Stauber. Dr. Intesar Ramley states "This seasoned team is a welcome addition to Meridex. The team will be focussing on growing the Facility and Project management division of Meridex. Completion of Acquisition of Assets of SDM Enterprises Inc. ----------------------------------------------------------- Meridex Software Corporation ("Meridex") is pleased to announce that effective June 27,2005 Meridex acquired 100% of the assets of SDM Enterprises Inc. ("SDM") of San Marcos, Texas, USA. In accordance with terms of the agreement between the parties Meridex will acquire 100% of the assets of SDM Enterprises in consideration of 350,000 common shares of Meridex. These assets include clients lists, VAR license and equipment, furniture and management employment contracts. In addition, Meridex will provide the necessary operational support to execute the sales and marketing initiatives in order to support the organic revenue growth be used for sales and marketing initiatives. All of the shares to be issued by Meridex to the US shareholders of SDM pursuant to Share Certificate Legends acknowledging the registration under the United States securities Act of 1933. In accordance with "rule 144" of the U.S. securities Act. Intesar Ramley, CEO of Meridex, states, "We are extremely pleased with the strategic acquisition of these assets. The management of SDM has the experience and reputation needed in the Facilities Management Industry to position Meridex within this lucrative, growing vertical. Through this purchase, Meridex also gains access to new geographic territories, furthering its expansion strategy by offering Meridex suite of products and services into the United States." About SDM: Management of SDM Enterprises Inc. being Mr. B.J. Murray and Sheila Murray have been an ARCHIBUS/FM (best of breed Facilities Management software) dealer since 1990. Their strong talent in Computer Aided Facilities Management (CAFM) combined with seasoned sales management experience led the way to actively pursue markets in Texas, Louisiana and Oklahoma. The centers of business are Houston, Dallas/Ft. Worth, Austin, San Antonio and New Orleans. SDM has been fortunate in having clients who are not affected as most during economic corrections. The client base includes school districts, higher education, medical and commercial clients. Clients Include: American Electric Power, Dell computer, Houston Chronicle, Johnson Controls, Motorola Inc., Rice University, Shell Chemical Co., Shell Offshore, Inc. NASA and VA Medical Center Houston. On behalf of the Board of Directors of Meridex Software Corporation "Intesar F. Ramley" DR. INTESAR F. RAMLEY, DIRECTOR THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OF THE CONTENT OF THIS PRESS RELEASE. MERIDEX SOFTWARE CORPORATION ("Meridex") No. 138 - 13777 Commerce Parkway Richmond, British Columbia, V6V 2X3 Tel: 604.231.3707 Fax: 604.231.3747 DATASOURCE: Meridex Software Corporation CONTACT: MERIDEX SOFTWARE CORPORATION ("Meridex"), No. 138 - 13777 Commerce Parkway, Richmond, British Columbia, V6V 2X3, Tel: (604) 231-3707, Fax: (604) 231-3747

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