April 10 (Reuters) - Agjunction Inc AJX.TO :
* AGJUNCTION ANNOUNCES FACILITIES CONSOLIDATION AND REDUCTION IN WORKFORCE
* PLANS TO CLOSE ITS BRISBANE AND FREMONT FACILITIES RESULTING IN AN APPROXIMATE 25% REDUCTION IN WORKFORCE BY YEAR END
* AGJUNCTION - EXPECTS CONSOLIDATION OF FACILITIES & REDUCTION IN WORKFORCE TO RESULT IN ABOUT 11% DECREASE IN OPERATING EXPENSES ONCE FULLY IMPLEMENTED