Further to its press release dated June 13, 2008, CDG Investments Inc. ("CDG")
(CNQ:CDGI) (OTCBB:CDGEF) is pleased to announce that it has mailed to
shareholders the information circular detailing the proposal to enter into a
plan of arrangement (the "Arrangement") to merge with Preo Software Inc.
("Preo") an Alberta-based private software company.


The CDG shareholder meeting is scheduled to be held at 9:00 a.m. on July 23,
2008 in Edmonton, Alberta. The completion of the transaction is subject to
receipt of applicable regulatory and shareholder approvals, as well as approval
of the Court of Queen's Bench of Alberta. A minimum of 66 2/3% of the votes cast
by the shareholders of each of CDG and Preo must be voted in favour of the
arrangement in order for it to be effected. In addition, a disinterested vote of
CDG shareholders will be calculated excluding votes cast in respect of 8,656,157
CDG Shares (21.1%) to determine if the requisite minority approval has been
obtained in accordance with Multilateral Instrument 61-101. If approved, the
closing of the Arrangement is expected to occur shortly thereafter.


A letter of transmittal is being mailed along with the information circular and
provides instructions to holders to exchange their CDG certificates for
certificates of the amalgamated company in the event the Arrangement is
approved. A copy of the information circular and letter of transmittal have been
filed with securities regulators in Canada and may be found on the SEDAR website
under CDG's profile at www.sedar.com.


In addition, CDG would like to announce that Barbara O'Neill, the corporate
secretary for CDG will be retiring and will resign effective June 30, 2008,
having provided over 15 years of service. The Board of Directors of CDG wishes
to express its deep gratitude for Ms. O'Neill's commitment and unparalleled
level of service. We wish her the best in her future endeavours.


About Preo

Preo is an Alberta-based private print management solutions provider serving
Fortune 5,000 customers in a wide variety of industries, both domestically and
internationally, operating on Windows-based systems. Preo's primary proprietary
software is called "Printelligence(TM)", which is the only print management
system that adapts itself to an organization's printing behavior, thanks to a
unique adaptive rules engine that modifies the messaging delivered to end-users
at the desktop, based on individual behavior. Full information concerning Preo
is contained in the information circular that was mailed to CDG and Preo
shareholders in connection with the Arrangement.


This news release does not constitute an offer to sell or the solicitation of an
offer to buy the securities, or a solicitation of proxies, in any jurisdiction,
including but not limited to, the United States. The CDG Shares have not been
and will not be registered under the United States Securities Act of 1933, as
amended (the "U.S. Securities Act"), or any state securities laws and may not be
offered or sold in the United States except in certain transactions exempt from
the registration requirements of the U.S. Securities Act and applicable state
securities laws.


Except for the historical and present factual information contained herein, the
matters set forth in this news release, including words such as "expects",
"projects", "plans", "anticipates" and similar expressions, are forward-looking
information that represents management of CDG's internal projections,
expectations or beliefs concerning, among other things, future operating results
and various components thereof or the economic performance of CDG. The
projections, estimates and beliefs contained in such forward-looking statements
necessarily involve known and unknown risks and uncertainties, which may cause
CDG's actual performance and financial results in future periods to differ
materially from any projections of future performance or results expressed or
implied by such forward-looking statements. These risks and uncertainties
include, among other things, those described in CDG's filings with the Canadian
securities authorities. Accordingly, holders of CDG shares and potential
investors are cautioned that events or circumstances could cause results to
differ materially from those predicted. CDG disclaims any responsibility to
update these forward-looking statements.


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