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Alphinat announces stock options granted to three directors

MONTREAL (Quebec), December 7 2007 – Alphinat Inc. (TSX-VN : NPA) announced that on July 25, 2007, the company’s Board of Directors granted stock options representing a total of 1,050,000 common shares to three of its directors.

Of these options, a portion representing 800,000 shares was compensation for a credit facility offered by two of the directors that was made use of by the company. The remaining 250,000 was compensation in lieu of director fees. The exercise price on the options, which expire on July 25, 2012, is $0.10. On October 24, 2007, 150,000 options were granted to another director as payment of director fees, at an exercise price of $0.10, with an expiry date of October 24, 2012.

All of the stock options were granted under Alphinat’s stock option plan.

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 for more information. We look forward to hearing from you.


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