Alphinat announces its interim financial results for the period ending November 30, 2008



    MONTREAL, Jan. 30 /CNW Telbec/ - Alphinat Inc. (TSX Venture: NPA)
announces its interim financial results for the period ending November 30,
2008.
    During the period ended November 30, 2008, 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. The Company's
successful implementations with the Québec government drew international
recognition that led to commercial dialogue between Alphinat and the French
government. In September 2008, Alphinat announced its first European contracts
by way of partnerships with large French systems integrators. 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 also announced a contract with the
Hague Conference on International Private Law (HccH). Alphinat continues to
pursue it strategic focus on the Government of Québec and prospect in new
markets through partnerships.
    For the 3-month period ended November 30, 2008, the Company recorded
total revenue of $287,081 for net losses of $68,175 or $0.002 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 November 30, 2008 can be found on SEDAR, at
www.sedar.com.

    About Alphinat

    Alphinat Inc. develops, markets and supports software technology that
enables non-technical managers to configure and deploy Web applications and
utilities to better serve clients. This technology uses sophisticated data
organisation and processing software to automate interactions between systems,
employees, clients, suppliers and partners. The software is ubiquitous across
organisational entities and information processing platforms, permitting a
high level of collaboration in delivering complex service outcomes using
existing legacy systems.
    Using its SmartGuide software suite, Alphinat implemented an innovative
on-line government solution that is entirely centered on the needs of citizens
and entrepreneurs. This solution was awarded IBM's "Top Star" award for
on-line government solutions among applications from 189 different countries.
    Furthermore, the OECD recognized Alphinat's e-government solution as a
"best Internet practices". Alphinat technology could also prove useful to the
healthcare, banking, insurance, and telecommunications sectors, in
modernizing, automating and rendering cost-effective a number of business
processes at a fraction of the cost associated with conventional customized
solutions. For more details about Alphinat or its software suite, please visit
www.alphinat.com.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.
    %SEDAR: 00020590EF




For further information:

For further information: Mr. Philippe Lecoq, Chief Executive Officer
Alphinat Inc., (514) 398-9799 ext 22

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Alphinat Inc.

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