Jun.10.2005 (Gananoque, Ontario) – Multi-Laser Inc. announces today the postponement of the annual Multi-Laser Cycling Grand Prix held in September. The 4-stage event that took place in Gananoque for the past five years has attracted elite athletes to compete for a $10,000.00 prize purse. Multi-Laser Inc. has been the founding sponsor and key organizer since the event’s conception.

Multi-Laser Inc. is pleased to announce that the race will return in 2006 and we would like to thank all everyone who has contributed to the race’s success over the past years. We will continue to support the Multi-Laser Cycling Team and the company will always be happy to help promote cycling in the 1000 Islands.

“We would like to extend our appreciation to the many persons that helped make this event such a success,” says Brian Cosgrove, President of Multi-Laser Inc. ” I am looking forward to seeing the crowds back next year!”

The decision comes as the company ‘gears-up’ for exciting new ventures in the industry. Multi-Laser Inc. officially launched PrintFleet Inc. on June 6, 2005 specializing in the development and distribution of print management software products.

For further information please contact Multi-Laser Inc. at 1-800-338-2274.