Social Networking Company, College Tonight, Inc., Finalizes Merger With Simex Technologies,...

Social Networking Company, College Tonight, Inc., Finalizes Merger With SimexTechnologies, Inc.College Tonight Becomes One Of First Social Networks To Enter PublicMarketplace (SMXT)ATLANTA, Nov. 29 /PRNewswire-FirstCall/ -- College Tonight, Inc., theevolution of collegiate social networking, announced today the completion ofits merger with Simex Technologies, Inc. College Tonight is now a wholly-ownedsubsidiary of Simex, whose common stock is traded on the pink sheets

(OTC: SMXT). As a part of the transaction, before and at closing of themerger, College Tonight raised $1,639,500 in equity capital in privateplacements to accredited investors. In connection with the merger, Simexfiled with the SEC all delinquent annual and quarterly reports, and is nowcurrent on its reporting requirements as a public company.

Zachary R. Suchin, the founder of College Tonight, and the new President &CEO of Simex, said "We are elated to begin writing the next chapter of notonly College Tonight, but also of the social networking revolution. As partof a public company, College Tonight intends to continue its mission ofpromoting actual social interactivity, rather than the sedentary lifestyle towhich most sites relegate their users. Through diligent execution of ourinnovative mobile strategy, implementation of our unique privacy protection,and matchless local focus, we are leading college students across the countryand the sector as a whole, towards what social networking should have evolvedinto by now -- taking the experience from computer interface, to face-to-face."

Over the next several months, as College Tonight's national"Disorientation" college tour continues, College Tonight will introduce itsmembers to an array of fresh and unique features including mobility. Throughthis dual online/offline marketing platform, sponsors will have an opportunityto expose their product to what has been called the most difficult to reachand fragmented audience in history, and to introduce their brands to studentsin ways that are inherently a part of the college experience. As othercompanies battle to maximize online utility, College Tonight will take thenetworking experience far beyond.

As described in its October 16, 2007 press release, Simex issued CollegeTonight shareholders a total of 2,412,800 shares of Series A ConvertiblePreferred Stock, which are automatically convertible into approximately 74% ofSimex's common stock upon the filing of certain amendments to Simex'sCertificate of Incorporation. Simex intends to file an amendment to itsCertificate of Incorporation to increase its authorized common stock from50,000,000 to 100,000,000 shares, to effect a one for four reverse split, andto change its name to "College Tonight, Inc." upon compliance with SEC proxyregulations. Simex intends to apply for a new trading symbol, and movetrading of its common stock to the OTCBB, once the amendments to itsCertificate of Incorporation are filed.

College Tonight is a social networking experience and marketing platform,which is designed to promote actual social interactivity among collegestudents. Due to the mobile nature of the site, the service's design is alsostructured for the mobile user, focusing on nightlife events and socialopportunities both directly on a student's campus and within their broadercommunities. College Tonight's platform intends to allow advertisers anopportunity to tap into the world of active, outgoing and socially motivatedcollege students - the "trendsetters" and "tastemakers" of society.

Information in this release regarding Simex or College Tonight'sforecasts, outlook, expectations and beliefs are forward-looking statementsthat involve risks and uncertainties. All forward-looking statements includedin this release are based upon information available to Simex or CollegeTonight as of the date of this release, which may change, and we assume noobligation to update any such forward-looking statements. These statements arenot guarantees of future performance and actual results could differmaterially from our current expectations.

Zachary R. Suchin

President & CEO

Simex Technologies, Inc./College Tonight, Inc.

6380 Wilshire Blvd., Suite 1020

Los Angeles, CA 90048

T: (323) 966-5800, f: (323) 966-5830

www.collegetonight.comSOURCE Simex Technologies, Inc.Zachary R. Suchin, President & CEO of Simex Technologies, Inc. - CollegeTonight, Inc., +1-323-966-5800, fax, +1-323-966-5830