Raphaël Huppé, Vida Pharma Internation Corporation and Effective Control Corporation - Service of notice of hearing

Montréal – The publication of this press release constitutes the method of service authorized by the Bureau de décision et de révision (the “Bureau”) of a notice of hearing related to the matter of Raphaël Huppé, Vida Pharma Internation Corporation and Effective Control Corporation in respect of Manon Chiasson, Nicholas Petrella and Effective Control Corporation.

The notice of hearing (pdf - 30 KB)This link will open in a new windowUpdated on October 13, 2010 (in French only) is attached to this press release and is also available on the website of the Autorité des marchés financiers (AMF).

On October 13, 2010, the AMF applied to the Bureau for a 120-day extension of the freeze order initially issued on June 29, 2010 in the matter of Raphaël Huppé, Vida Pharma Internation Corporation and Effective Control Corporation. This freeze order extension request pertains to the following individual and companies: Raphaël Huppé, Vida Pharma Internation Corporation (also operating under 6972012 Canada Inc., Vida Pharma International and WESPP International), and Contrôle Transport Effectif (also operating under ECC Networks and ECC Réseautique).

In its freeze order extension request, the AMF informed the Bureau that the 15-day period for serving the notice of hearing stipulated under the Securities Act cannot be met. The Bureau will therefore hold a hearing to enable the parties to be heard regarding this application for abridgment of time periods on Friday, October 15, 2010 at 2 p.m. in the Paul-Fortugno room located at 500 René-Lévesque Boulevard West, Suite 16.40, Montréal, Québec.

If this application for abridgment of time periods is granted, the hearing regarding the freeze order extension request will take place on Tuesday, October 19, 2010, at 11 a.m. in the Paul-Fortugno room located at 500 René-Lévesque Boulevard West, Suite 16.40, Montréal, Québec.

The Autorité des marchés financiers (AMF) is the regulatory and oversight body for Québec’s financial sector.

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