Borealis International Inc. et al.

FOR IMMEDIATE RELEASE

May 2, 2011

IN THE MATTER OF

THE SECURITIES ACT

R.S.O. 1990, c. S.5, AS AMENDED

AND

IN THE MATTER OF

BOREALIS INTERNATIONAL INC.,

SYNERGY GROUP (2000) INC.,

INTEGRATED BUSINESS CONCEPTS INC.,

CANAVISTA CORPORATE SERVICES INC.,

CANAVISTA FINANCIAL CENTER INC.,

SHANE SMITH, ANDREW LLOYD, PAUL LLOYD,

VINCE VILLANTI, LARRY HALIDAY, JEAN BREAU,

JOY STATHAM, DAVID PRENTICE, LEN ZIELKE,

JOHN STEPHAN, RAY MURPHY,

ALEXANDER POOLE, DEREK GRIGOR,

EARL SWITENKY, MICHELLE DICKERSON,

DEREK DUPONT, BARTOSZ EKIERT,

ROSS MACFARLANE, BRIAN NERDAHL,

HUGO PITTOORS AND LARRY TRAVIS

TORONTO -- The Commission issued its Reasons and Decision on Sanctions and Costs in the above noted matter.

A copy of the Reasons and Decision on Sanctions and Costs and an Order dated April 29, 2011, respectively are available at www.osc.gov.on.ca.

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