Mr. Bill Frain reports

LIBERTY DEFENSE IS PLEASED TO ANNOUNCE THAT IT HAS ENGAGED INDEPENDENT TRADING GROUP AS MARKET MAKER

Liberty Defense Holdings Ltd. has engaged the services of Independent Trading Group (ITG) to provide market-making services in accordance with TSX Venture Exchange policies. ITG will trade shares of the company on the TSX-V and all other trading venues, with the objectives of maintaining a reasonable market and improving the liquidity of the company's common shares.

Under the agreement, ITG will receive compensation of $6,500 per month, payable monthly in advance. The agreement is for an initial term of one month and will renew for additional one-month terms, unless terminated. The agreement may be terminated by either party with 30 days notice. There are no performance factors contained in the agreement, and ITG will not receive shares or options as compensation. ITG and the company are unrelated and unaffiliated entities and, at the time of the agreement, neither ITG nor its principals have an interest, directly or indirectly, in the securities of the company.

About Liberty Defense Holdings Ltd.

Liberty Defense provides multitechnology security solutions for concealed weapons detection in high-volume foot-traffic areas and locations requiring enhanced security, such as airports, stadiums and schools. Liberty's Hexwave product, for which the company has secured an exclusive licence from the Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement for patents related to active three-dimensional radar imaging technology, provides discrete, modular and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. Also, Liberty recently licensed the millimetre-wave-based, high-definition advanced imaging technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions.

We seek Safe Harbor.