Dipix Technologies Restructures for Growth

Ottawa, Canada, May 23, 2007 – Dipix Technologies Inc., a Tarquin Group company, today announced several management changes as part of its aggressive, market-focused growth strategy. Don Gibbs, CEO of Tarquin Group, becomes Chairman and acting CEO of Dipix in addition to his ongoing role with the Tarquin Group. Paul Pearl will move into the position of Executive Vice President Business Development of Tarquin Group to provide assistance in merger and acquisition activities. John Lawrence will assume the position of President and COO of Dipix. Laura Dierker joins the company as Director of Marketing and Geoff Evans becomes Director of Sales.

“Dipix is one of the most experienced and innovative companies in Ottawa,” said Don Gibbs, CEO of the Tarquin Group. “I am thrilled to have the management team come together to move Dipix forward aggressively. Dipix has succeeded in dominating the inspection market in grain-based food products where it continues to gain customers and presence. This restructuring assures continued success with accelerated growth and access to new markets.”

John Lawrence, President and COO
As Dipix VP of Sales and Marketing for 8 years, John guided the company’s sales to its largest accounts, creating and cementing relationships with customers such as General Mills, Sara Lee Bakery Group, and Wendy’s. He has evolved strong relationships with Dipix customers and positioned Dipix as a trusted supplier to some of the largest food processing organizations in the world, including McDonald’s Corp. Reorienting the company’s sales and product strategies, John actively led a 10-fold increase in revenues, and drove the creation of the company’s patented material handling systems. John’s career has been marked by successes in manufacturing and the test and measurement industries where he has served the automotive, food processing, and medical devices manufacturing industries. John brings a wealth of experience and a unique ability to interact with major clients to his role as head of Dipix Technologies. He holds a Bachelor of Applied Science (Engineering) from the University of British Columbia.

Laura Dierker, Director of Marketing
Laura joins Dipix from test and measurement company Sciemetric Instruments, where she opened the medical devices manufacturing market. She brings an aggressive, experienced approach to growing Dipix revenues. Laura’s experience includes launching Canada’s first internet VPN as director of Product Management at iSTAR iNTERNET, acting as VP Sales and Marketing for Nortel’s first affiliate Channelware, and creating and managing the Advanced Network Products business unit at Newbridge Networks. As President of WaveCell International Corp, she added executive-level sales experience which she continued as Sciemetric’s lead in the medical devices market. Laura began her professional career as a violinist in an orchestra in Germany. She holds a Bachelor of Science in Physics from the University of Waterloo and an MBA from Richard Ivey School of Business at the University of Western Ontario. She has been awarded the Canadian Women in Communications Trailblazer of the Year Award and the Nortel CORE Award in New Business Starts.

Geoff Evans, Director of Sales
Geoff will be responsible for aggressively evolving sales strategy to meet Dipix targets as the pillar of Tarquin Group’s test and measurement segment. Geoff has been with Dipix since 2005, when he was responsible for the successful introduction of Dipix technology to the tortilla (food wrap) market and extending inspection from buns to bread loaf manufacturing lines. Prior to joining Dipix he provided sales development expertise to a number of Ottawa area companies while establishing a business in the transportation industry. Geoff has won top sales awards in domestic and international business-to-business sales at Nortel, Simware, and other Ottawa firms, and he brings a wealth of direct sales and channel management experience to his new role. Geoff’s background is in marine biology and computer science but changed to technical sales early in his career.

Dipix is the world leader in the design and implementation of automated inspection solutions for processed foods, including baked goods, snacks, confections, tortillas, cookies, and biscuits. Dipix supports over 200 installations of its systems with global manufactured food companies such as Kellogg’s, Kraft/Nabisco, McDonald's, Mission Foods, Sara Lee, and Tyson Mexican Original.

Combining its unique knowledge of machine vision, image analysis and material handling, Dipix fills an important role between the end of the manufacturing line and the beginning of the packaging line. Its systems ensure that every food product is identified, analyzed and, if necessary, individually removed from the product stream. Full quality inspection includes 3D shape, orientation and product colour for full quality overview of baked goods including breads, buns, muffins, tortillas, and cookies. Information is used to manage inputs into the bakery line, adjust line processes, avoid waste, and ensure a high revenue stream from bakery lines.

About Tarquin Group
Tarquin Group Inc. (TSX VENTURE: TQN) is a diversified industrial technology company providing solutions to the global manufacturing market. Acting strategically in desirable niche markets worldwide, it is expected that Tarquin's structure and processes will ensure superior product solutions for customers while driving profitable growth for all its stakeholders. Tarquin's target companies are niche market leaders in the fields of laser applications and test, measure and control solutions for manufacturing. For more information, visit www.tarquingroup.com.

About Dipix
Dipix Technologies Inc. is the world leader in delivery of automated inspection and quality analysis systems for the on-line inspection of manufactured food products. The company integrates leading-edge optical inspection with mechanical handling and management reporting to deliver the industry’s best vision-based quality inspection systems. Dipix systems are used by leading manufactured food companies to reduce operating costs, pinpoint process errors, reduce variability, and increase the volume of in-spec delivered goods. Dipix has over 200 installations in high-volume manufacturers of processed foods – including many major international corporations. The company was founded in 1992 and is headquartered in Ottawa, Canada. For more information, visit www.dipix.com.

Forward-looking Statements
This news release contains forward-looking information. These statements relate to future events or future performance and reflect management's current expectations and assumptions. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. These forward-looking statements are made as of the date hereof and Tarquin Group Inc. does not assume any obligation to update or revise them to reflect new events or circumstances.

The TSX-Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Media please contact:
Heather McCulligh
613-797-8949
heather@hbsmarketing.com

DIPIX corporate:
Laura Dierker
613-596-4942. ext. 107
ldierker@dipix.com

Investor relations:
Tarquin Group Inc.
Donald Gibbs, CEO
609-234-6010