Q M I S E I S M I C I N C .

1 2 5 0 W e s t H a s t i n g s S t r e e t

V a n c o u v e r , B C V 6 E 2 M 4

C N S X : Q S S

For Immediate Release

August 3, 2010

QMI SEISMIC INC.

ACQUIRES

QMI TECHNOLOGIES INC.

VANCOUVER, British Columbia, Canada/August 3, 2010/CNSX:QSS/ Further to the Company’s news

release dated July 29, 2010, the Board of Directors of QMI Seismic Inc. (the “Company” or “QSS”) announced

it has closed its acquisition of QMI Technologies Inc. (“QTech”) from QMI Manufacturing Inc. (the

“Acquisition”). Under the terms of the Acquisition QSS acquired all of the issued and outstanding common

shares of QTech in exchange for 20,400,001 common shares in the equity of QSS.

As part of the Acquisition QSS has acquired all of QTech’s assets including intellectual property rights in and to

its products, equipment and machinery, inventory, customer lists, purchase orders, goodwill and other intangible

property related to QMI Manufacturing Inc.’s business, international patents and QTech’s manufacturing

agreements.

QTech’s manufacturing and distribution facilities are located in Coquitlam, British Columbia.

“The acquisition of QMI Technologies Inc. represents a very significant development in QMI Seismic’s

strategic growth plan. QMI Seismic has vertically integrated the production and development of products it was

gearing up to market and distribute through an existing licensing agreement with QMI Technologies and can

now expand into other markets”, said President and CEO Navchand Jagpal. “The intellectual property and

patents we have secured, along with the manufacturing capabilities, will allow QMI Seismic to establish a

strong foundation in this industry”.

Changes to the Board of Directors of QSS will be announced shortly.

About QMI Technologies Inc.

QMI Technologies Inc. is a leading developer, manufacturer, and supplier of advanced commercial, industrial

and residential electronic safety systems that detect the presence of gas leaks, water leaks, and seismic

vibrations that signal controls to shut off gas valves, water valves, and power inputs. QMI Technologies Inc.

holds multiple trademarks, certifications, and licenses, including its internationally patented technology which

allows for remote gas and water shutoff . QMI Technologies Inc.’s seismic detection products are used by

some of the world’s largest companies and organizations including NASA and G.E. Rail. Their advanced early

warning systems are designed to remotely shut-off utilities in the event of an earthquake and provide early

warning to households. For more information about the company, please visit www.qmimfg.com.

On behalf of the Board of QMI Seismic Inc.

Navchand Jagpal, President & CEO

For additional information about QMI Seismic Inc. please call 604-685-2542.

Except for historic information, the matters discussed in this document contain certain forward-looking statements. These

statements involve known and unknown risks, delays, uncertainties and other factors not under the Company’s control that may cause

actual results, levels of activity, performance or achievements to be materially different from the results, levels of activity, performance,

achievements or expectations expressed or implied by these forward-looking statements.

CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR

FOR RELEASE TO U.S. NEWSWIRE SERVICES.

QMI Seismic Inc. 6-K