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Market Wire

Enablence Technologies Inc. Delays Public Offering

Market Wire,  June, 2007  

Enablence Technologies Inc. (TSX VENTURE: ENA) ("Enablence") announces that it has been made aware by staff at the Ontario Securities Commission (the "OSC") of an investigation into the trading activity of the shares of Enablence and certain corporate events that may be relevant to the OSC's investigation.

Consequently, Enablence Technologies Inc. has determined that the process for filing its final Short Form Prospectus relating to its public offering announced on May 4, 2007 will be delayed and the offering will not proceed at this time.

There are no allegations against Enablence or any of its officers or directors in the request for information from the OSC. Enablence will provide the OSC with all the necessary information requested for its investigation

About Enablence Technologies Inc.

Enablence products are used in optical modems that are located inside the consumer's homes (i.e. for the delivery of high speed data/voice/video). Enablence designs and manufactures optical components, in particular triplexers and diplexers, using its proprietary Planar Lightwave Circuit (PLC) "Dispersion Bridge" platform, for the Fiber-to-the-Home (FTTH) market. These devices are filters that are embedded on a chip that are capable of processing optical signals at a low cost.

Forward Looking Statements

The statements in this press release may contain forward looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Corporation's expectations and projections. The TSX Venture Exchange has not approved this press release and does not accept responsibility for the adequacy or accuracy of this press release.

Contacts: Enablence Technologies Inc. Arvind Chhatbar Chief Executive Officer 613-270-7859 613-270-7850 (FAX) www.enablence.com