Imperus Announces Option Grant

TORONTO, ONTARIO--(Marketwired - April 7, 2015) - Imperus Technologies Corp. ("Imperus" or the "Company") (TSX VENTURE:LAB)(FRANKFURT:ISX)(WKN:A12B58) announces that it has granted a total of 10,710,000 stock options under its stock option plan, of which 5,800,000 options were granted to its officers and directors and 4,910,000 options were granted to certain employees and consultants. A total of 3,500,000 options granted to an officer and an employee vest in tranches, with 2,000,000 options vesting immediately, 1,000,000 options vesting after 12 months and 500,000 options vesting upon the satisfaction of certain performance criteria. All other stock options vest immediately. All options are exercisable at a price of $0.38 per option for a period of five years from the date hereof. This grant of options is subject to acceptance of the TSX Venture Exchange with respect to additional shares to be reserved under the stock option plan.

Imperus Announces Option Grant