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Published on 2/13/2008 in the Prospect News PIPE Daily.

New Issue: Streetlight to raise C$5 million in placement of shares

By Devika Patel

Knoxville, Tenn., Feb. 13 -Streetlight Intelligence Inc. announced that it plans to raise C$5 million in a private placement of stock.

The company will sell 31.25 million common shares at C$0.16 apiece.

Based in Victoria, B.C., Streetlight produces technology to remotely program streetlights.

Issuer:Streetlight Intelligence Inc.
Issue:Common shares
Amount:C$5 million
Shares:31.25 million
Price:C$0.16
Warrants:No
Pricing date:Feb. 12
Stock symbol:TSX Venture: SLQ
Stock price:C$0.19 at close Feb. 12

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