SLQ Streetlight Intelligence Inc.

Streetlight Intelligence Inc. (STI)(TSX VENTURE:SLQ) (the "Corporation") today
announced that despite best efforts, the Corporation has been unable to complete
the previously announced $3,000,000 private placement of common shares at a
purchase price of $0.50, due to weak market conditions and the current trading
price of the common shares of the Corporation. As a result of the foregoing, the
Corporation is currently experiencing a significant working capital deficiency.


The board of directors, in conjunction with management of the Corporation, are
continuing to investigate and review different strategic alternatives for
obtaining financial resources needed to continue operations of the Corporation
and maximize shareholder value. In conjunction therewith the Corporation is
currently considering a full range of possible transactions or restructuring
alternatives available to the Corporation including alternative financings,
joint venture arrangements, the sale of certain or all of the Corporation's
assets, the merger of the Corporation with a larger entity, or if unsuccessful,
seeking creditor protection under applicable legislation.


In addition to the foregoing, the Corporation has also implemented cost-saving
measures with an attempt to reduce monthly expenses by over 50%.


Streetlight Intelligence Inc. is a public company listed on the TSX Venture
Exchange (trading symbol: SLQ). STI designs, manufactures and markets products
and services for the street light industry. STI's proprietary Lumen IQ(TM)
technology allows street lights to be remotely turned on/off or dimmed at
specified times, which results in significant energy savings and reductions in
greenhouse gas emissions and light pollution. The Lumen IQ(TM) network also
immediately identifies malfunctioning streetlights allowing substantial
maintenance cost savings. For more information, access www.StreetlightIQ.com.


Forward Looking Statements

Certain statements contained in this press release and in certain documents
incorporated by reference into this press release constitute forward-looking
statements. The use of any of the words "anticipate", "continue", "estimate",
"expect", "may", "will", "project", "should", "believe" and "confident" and
similar expressions are intended to identify forward-looking statements. These
statements involve known and unknown risks, uncertainties and other factors that
may cause actual results or events to differ materially from those anticipated
in such forward-looking statements. The Corporation believes that the
expectations reflected in those forward-looking statements are reasonable but no
assurance can be given that these expectations will prove to be correct and such
forward-looking statements included in, or incorporated by reference into, this
press release should not be unduly relied upon. These statements speak only as
of the date of this press release. The Corporation undertakes no obligation to
publicly update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise.

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