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Alphinat announces its interim financial results for the period ending february 28, 2009

MONTREAL (Quebec), April 21, 2009 – Alphinat Inc. (TSX Venture: NPA) announces its interim financial results for the period ending February 28, 2009.

During the quarter ended February 28, 2009, the Company’s operations have focused on the marketing of SmartGuide, its flagship product, and related professional services. Alphinat consolidated its position as an eGovernment software supplier by assisting various agencies and departments in deploying government services targeted at citizens and entrepreneurs. Furthermore, during the period under review, Alphinat has pursued it’s commercial activities in Europe with new mandates being delivered with partners. These contracts are in line with corporate growth objectives and demonstrate the Company’s ability to support its partners in their resale and use of SmartGuide in mandates with their client-base. Alphinat continues to pursue it strategic focus on the Government of Québec and to prospect in new markets via direct sales and through partnerships.

For the 3-month period ended February 28, 2009, the Company recorded total revenue of $345,967 for net losses of $51,915 or $0.001 per outstanding common share. The revenue for the period under review results from projects that have been delivered to ministries and departments of the Quebec government as well as from European contracts.

Alphinat’s financial statements and Management’s Discussion and Analysis for the period ending February 28, 2009 can be found on SEDAR, at www.sedar.com.

About Alphinat

At Alphinat, we are driven by the passion to make application development easy for everyone. It always struck us as odd that the people with the vision of how a finished application should look and behave would only be involved at the start of the process. After all, what better way to ensure a favourable outcome than to provide those closest to an application’s end-users with a vested interest in its success throughout its development?

That’s why we bring you new ways to empower the right people at the right time in the application development process. At the same time, we’re constantly working to reduce the need to code in order to make application development and maintenance simpler and less error-prone.

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 apps or engage us or one of our partners to do the work for you, we’re here to help you deploy better applications in record time. Visit https://www.alphinat.com for more information. We look forward to hearing from you.

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