ASC Cease Trades Vendivision, Vendivision Canada and 1556500 Alberta Ltd.

CALGARY, Oct 5 /CNW/ - The Alberta Securities Commission (ASC) has issued an Interim Cease Trade Order against Calgary-based Vendivision Inc., Vendivision Canada Inc. and 1556500 Alberta Ltd. (operating as Vendivision) based on allegations that they engaged in illegal trading and distribution of securities in Alberta.

The Interim Cease Trade Order is in effect until October 15, 2010 and prohibits all trading in Vendivision, Vendivision Canada and 1556500 Alberta securities.  The order also prohibits the named parties from trading in all securities and relying on any Alberta securities laws exemptions.  An ASC panel issued the interim cease trade order after hearing evidence from ASC staff that the named parties distributed securities in Alberta without registration, a prospectus or use of an applicable exemption when they sold DVD vending machine kiosks to Alberta investors through service level and revenue sharing agreements.

Vendivision, Vendivision Canada and 1556500 Alberta are operated by Sidney John Reisner and Gregory Daniel MacPherson, who are subject to an unrelated ASC cease trade order (TSS Management Corp., Re, 2008 ABASC 215) until April 11, 2011.

ASC staff are continuing their investigation into this matter.  Anyone who has been contacted by someone from or on behalf of the Vendivision companies regarding the sale of DVD kiosks through a revenue sharing arrangement or other securities is asked to contact the ASC Public Inquiries Office at 403-355-4151 or 1-877-355-4488.  Investors are cautioned against sending money to any of the Vendivision companies while the Interim Cease Trade Order is in place and the investigation is underway.

A next appearance has been scheduled for 9 a.m. on October 14, 2010 in the ASC hearing room on the 6^th floor, 300 - 5^th Ave. SW, Calgary, Alberta.  At that time, an ASC panel will consider whether to extend the interim order.

Copies of the Interim Cease Trade Order, Notice of Hearing and TSS Management Corp. decision can be found on the ASC website at www.albertasecurities.com.

The ASC is the regulatory agency responsible for administering the province's securities laws. It is entrusted to foster a fair and efficient capital market in Alberta and to protect investors.  As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.

For further information:

For Media Inquiries:	Mark Dickey Senior Communications Advisor 403.297.4481
For Investor Inquiries:	ASC Public Inquiries Toll Free 1.877.355.4488