MONTREAL (Quebec), October 11, 2011

Alphinat Inc. (“Alphinat”) (TSX-V: NPA), a leader in innovative Software for the Smart Enterprise™, is pleased to announce that it has entered into a contract to build a paid proof of concept project with the Board of Cooperative Educational Services (BOCES), Eastern Suffolk and the Suffolk Regional Information Center (RIC) which provide IT services to school districts with a program of shared educational services. SmartGuide will allow the BOCES / RIC to build a shared services computing platform to deliver increased data management services in an exceedingly efficient and replicable model.

As an early partner, Alphinat has been able to easily demonstrate its SmartGuide solution using SmartGuide Designer which allows the RIC to create and to render complex web applications without writing a single line of code while enabling quick deployment powerful data management and integration across various shared services for the BOCES school districts.

“We are very pleased to have been engaged in this innovative approach to building user centric education IT assets in a shared services mode for the K-12 market. This allows us to demonstrate SmartGuide’s ability to quickly prototype, create, manage & deploy solutions seamlessly to the RIC’s secure environment” reports Philippe Lecoq, President and CEO.

All applications built with SmartGuide can also seamlessly be deployed at a later date in a secure private Cloud computing environment. As demand for Cloud computing is exploding, organizations seek to expand the impact of IT to deliver new and innovative services while realizing significant economies of scale.

The power of the Cloud computing model is the ability to harness varying technology investments by enabling rapid and dynamic scheduling, provisioning and management of virtualized computing resources on demand. According to IDC, $17 billion was spent on Cloud-related technologies, hardware and software in 2009. IDC expects that spending will grow to $45 billion by 2013 (http://itmanagement.earthweb.com/netsys/article.php/3870016/IDC-Sees-Cloud-Market-Maturing-Quickly.htm).

About Eastern Suffolk BOCES

Eastern Suffolk BOCES, an educational cooperative of 51 Long Island school districts, provides educational leadership, direct instruction, management  and support through quality, cost-effective instructional programs and shared services. These programs and services maximize  educational and career opportunities for Long Island’s diverse community of lifelong learners, both children and adults, and enhance the operational effectiveness of its schools.

For more information on Eastern Suffolk BOCES please see http://esboces.org

About Alphinat

At Alphinat, we are driven by the passion to make secure low-code/no-code application and portal development a reality and easier for everyone. We enable the people with the vision and process knowledge to create great finished applications that IT can more easily deploy in their secure environments. With SmartGuide we provide an easy to use low-code tool and derivative solutions such as SmartGuide for “Dynamics 365 targeted for G&Cs that meet the client’s most critical needs empowering all lines of business to leverage their own process knowledge and expertise to self-serve.

SmartGuide brings you new ways to empower the right people with tools for success at the right time in the application development process. At the same time, we are constantly working to reduce the need to code in order to make application development and maintenance simpler.

So whether you choose to develop your applications with the help of our low-code platform SmartGuide®, kickstart your project using one of our pre-built or derivative apps or engage us or one of our partners to do the work for you, we’re here to help you deploy secure applications in record time.

Alphinat provides a safe and secure workplace and remains an equal opportunity employer promoting our passion for productivity. With that mantra we have issued ourselves a challenge to find and promote the best minds and freely share ideas.

Forward-looking statements

Certain statements in this document, including those which express management’s expectations or estimations with regards to the Company’s future performance constitute «forward-looking statements” as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward- looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. A number of factors could cause significant differences between actual results and those described in forward-looking statements. These include, but are not limited to, the Company’s capacity to increase acceptance of its products on the market, and to penetrate new markets; the potential existence of defects or undetected problems in the Company’s products; the Company’s ability to manage its growth; the Company’s ability to compete with others; potential commitments; maintaining the Company’s intellectual property rights and defending against litigation putting those rights in question; the Company’s reliance on the knowledge of its key personnel; and the Company’s access to sufficient capital to finance its future needs. This is a partial and non-exhaustive list of factors that could bear on any of our forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to Alphinat or to any individual expressing them in the name of the Company. The Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances. Risks and uncertainties that bear on the Company are described in greater detail in the Company’s Annual Report.

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.