MONTREAL, Dec. 7 /CNW Telbec/ - 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.
Alphinat is a software publisher that has, over the past few years,
developed the SmartGuide suite, which is used by experts to rollout the
services, applications and resources needed to automate complete business
processes, through a single-access platform.
Working with its SmartGuide software suite, Alphinat has developed an
innovative on-line government solution that is entirely centered on the needs
of citizens and businesses. This solution was chosen to receive IBM's Top Star
Award and has been recognized by the OECD under its "best Internet practices"
Alphinat technology could also prove useful to the healthcare, banking
and insurance sectors, as well as telcos, 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 http://www.alphinat.com/fr
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: Mr. Philippe Lecoq, Chief Executive Officer,
Alphinat Inc., (514) 398-9799, extension 22