ZOX Zeox Corporation

Mr. Garold R. Spindler, Chairman and CEO of ZEOX Corporation (The "Company" or
"ZEOX") (TSX VENTURE:ZOX) (FRANKFURT:ZED), is pleased to update shareholders and
the investment community on the status of the contemplated acquisition of Imagin
Minerals, Inc.


- Zeox is in discussions with Imagin and expects to reach a Letter of Intent
shortly. Zeox has established an Independent Committee to negotiate on behalf of
Zeox Corporation. The Independent Committee consists of the current Board
members, with exception of Mr. Spindler.


- The Committee has engaged an independent firm to perform a valuation and
fairness opinion. The results, of which, will be published in the Informational
Circular.


- Both the Independent Committee and Zeox Management are optimistic an agreement
can be reached, that will provide financial stability, a platform for growth and
increased value for current shareholders.


- Logician has agreed to vote in favor of the contemplated merger between Imagin
Minerals and Zeox Corporation subject to various approvals by the TSX Venture
Exchange (the "Exchange").


"While we are working hard to improve operations, Imagin Minerals is a strategic
fit which will allow Zeox to quickly realize our growth potential. I am
cognizant that shareholders are anxious for more details. Additional information
will be provided to the extent legally possible. The process is moving and will
accelerate in next couple of weeks", stated Michael Shea, Chief Financial
Officer.


For a more complete business and financial profile of the Company, management
encourages interested parties to view the Company's documents posted on
www.sedar.com.


On behalf of the Board of Directors

Garold R. Spindler, Chairman and CEO

Legal Notice Regarding Forward Looking Statements: This news release contains
"forward-looking statements within the meaning of applicable Canadian securities
legislation. Forward-looking statements are indicated expectations or
intentions. Forward-looking statements in this news release include that Zeox
can reach an agreement to acquire St. Cloud Minerals, that the transaction will
close and that the merged company will provide financial stability, a platform
for growth and increased value for current shareholders. Factors that could
cause actual results to be materially different include that we may not be able
to reach agreement, shareholders or regulators may not approve of the agreement
even if our board does, and the resulting company may not be successful at
providing value to shareholders. Growth depends on customer support and winning
new customers, as well as market conditions. Investors are cautioned against
placing undue reliance on forward-looking statements. It is not our policy to
update forward looking statements.

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