News release

Magor Corporation awarded an order for US $1,059,000

Continues to lead in visual collaboration with two key technology developments

OTTAWA, Ont. – Nov. 3, 2014 – Magor Corporation (or the “Company”) (TSX-V: MCC), a technology leader in visual collaboration solutions, today announced that it has received an initial purchase order through a partner as part of a new customer win, to deliver HD Personal Terminal Units in the amount of US $1,059,000. The Company anticipates that most if not all of this order will be delivered and installed by the end of the current fiscal year.

“We are pleased to have received such an order from an existing partner for a new customer win, representing the largest single order in the Company’s history,” said Mike Pascoe CEO of Magor Corporation.

About Magor Corporation:

Magor enables people to engage in high-quality visual conversations while simultaneously sharing, viewing and editing relevant collaborative material on desktops, laptops, tablets, smartphone applications, whiteboards and other devices. Magor fits any workflow so that users have the freedom to work together naturally anytime, regardless of location, network or device. To find out more about Magor Corporation (TSX-V: MCC), visit our website at www.magorcorp.com.

For further information, please contact:

Mike Pascoe
President and CEO
Magor Corporation
+1 613 686-1731
mike.pascoe@magorcorp.com

Babak Pedram
Investor Relations
Virtus Advisory Group Inc.
+1 416 995-8651
bpedram@virtusadvisory.com

Paul Rusheleau
Senior Marketing Manager
Magor Corporation
+1 613 686-1731 ext. 5526
paul.rusheleau@magorcorp.com

This news release may contain “forward-looking information” within the meaning of applicable Canadian securities legislation. Statements made in this news release, other than those concerning historical financial information, may be forward-looking and therefore subject to various risks and uncertainties. The words “may”, “will”, “could”, “should”, “would”, “suspect”, “outlook”, “believe”, “plan”, “anticipate”, “estimate”, “expect”, “intend”, “forecast”, “objective”, “hope”, and “continue” (or the negative thereof), and words and expressions of similar import are intended to identify forward-looking statements. Certain material factors or assumptions are implied in making forward-looking statements and actual results may differ materially from those expressed or implied in such statements. Factors that could cause results to vary include those identified in the Corporation’s filings with Canadian securities regulatory authorities, as well as the applicability of patents and proprietary technology; the outcome of pending corporate transactions; possible patent ligation; regulatory approval of products in development; changes in government regulation or regulatory approval processes; government and third party reimbursement; dependence on strategic partnerships; intensifying competition; rapid technological change in the industry; anticipated future losses; the ability to access capital; and the ability to attract and retain key personnel. All forward-looking information presented herein should be considered in conjunction with such filings. Except as required by Canadian securities laws, the Corporation does not undertake to update any forward-looking statements; such statements speak only as of the date made.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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