CSM ClearStream Energy Services Inc

CSM Systems Corp. (TSX VENTURE:CKX) ("CSM") announces that at its Annual and
Special Meeting of the Shareholders (the "Meeting") for the financial years
ending September 30, 2008 and September 30, 2009 held on Friday, October 17,
2010 as scheduled, John Goofers was newly elected to CSM's board of directors,
subject to regulatory approval, in addition to the incumbents John Putters,
Ronald Jackman, Wallace McNeil and Gervin Antypowich. Accordingly, the board of
directors of CSM consists of five directors namely: John Putters, Ronald
Jackman, Wallace McNeil, Gervin Antypowich and John Goofers.


Mr. Goofers is president of several Alberta based companies which have been in
business for over 30 years, including Precision Surfacing Limited and
Continental Earth Movers Limited. Mr. Goofers' entrepreneurial experience is a
valuable asset to the board of CSM.


Also approved at the Meeting was the appointment of Stout & Company LLP,
Chartered Accountants, as auditor for the ensuing year and a resolution
approving a new stock option plan in accordance with the policies of the TSX
Venture Exchange. In particular, the terms of the stock option plan allow for a
maximum of 10% of the issued and outstanding listed common shares of CSM to be
reserved for issuance under the stock option plan, provided that no single
participant be issued options representing greater than five (5%) percent of the
number of outstanding common shares in any twelve (12) month period unless CSM
has obtained disinterested shareholder approval. 


In addition, CSM announces that, subject to regulatory approval, it intends to
complete an offering of up to 5,000,000 units ("Units") at a price of $0.05 per
Unit for gross proceeds of $250,000 by way of a private placement (the "Private
Placement"). Each Unit is comprised of one (1) common share ("Common Share") and
one-half (1/2) Common Share purchase warrant (each whole warrant, a "Warrant").
Each Warrant entitles the holder to purchase one (1) additional Common Share at
a price of $0.10 per Common Share for a period of twenty-four (24) months
following the date of closing, provided that if after four months and one day
following the closing date the closing price of the common shares is equal to or
exceeds $0.15 for twenty (20) consecutive days, then the warrants shall
automatically accelerate to expire on the date which is thirty (30) days
following the date a press release is issued by CSM announcing the reduced
warrant term or the date that written notice has been given to the
warrantholder.


CSM intends to use the proceeds from the Private Placement for general working
capital purposes, and marketing of its innovative wayfinding and interactive
customer service applications.

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