Tiex - Grants Stock Option To Director

KELOWNA, BC, Feb. 3 /CNW/ - Tiex Inc. ("Tiex" or the "Company") (TSX-V: TIX) announces that it has granted to a director of the Corporation an option to purchase 107,502 Common Shares at an exercise price of $0.18 per share, which option will expire on February 2, 2016.

About Tiex Inc:

Tiex Inc. is a TSX Venture listed mineral exploration company focused on the exploration of its 137,651 hectare Cariboo Goldfields Project located in the historic Quesnel Trough area of central British Columbia, Canada. The property is accessible by highway and logging roads year round. For more information, you can visit the company's website at www.tiexinc.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"Kenneth D. Faulkner"

President & CEO

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements.

NEITHER THE 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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For further information:

Kenneth D. Faulkner, President & CEO Telephone: (250) 869 - 1607 Facsimile: (250) 868 - 0798 Email: [email protected]

CO: TIEX Inc.

CNW 19:17e 03-FEB-11