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Brainhunter delays filing of statements

December 31 2008

Brainhunter Inc. (TSX: BH) said it delayed the filing of audited financial statements for its fiscal year ended Sept. 30 past the Dec. 29 deadline in order to clarify accounting treatment of goodwill. It plans to file results by Feb. 20.

The company has also requested that the Ontario Securities Commission and other regulatory authorities issue a temporary cease-trade order for its securities.

Brainhunter is a Toronto-based information technology and engineering staffing and software company.

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