Alphinat retains QIS Capital Corporation for investor relations services

MONTREAL, Feb. 5 /CNW Telbec/ - Alphinat Inc. (TSX-VN : NPA) announces it has retained QIS Capital Corporation to provide the Company with strategic investor relations and financial communications services.

QIS Capital provides financial communications services to leading Canadian companies and has proven expertise serving gas/oil, industrial and technology sectors. QIS will assist Alphinat in enhancing its current investor relations activities to elevate its profile within the professional investment community.

Alphinat will pay QIS Capital a monthly retainer fee of $2,500 for select services. The initial contract term expires on April 30, 2010.

About QIS Capital

QIS Capital provides effective shareholder and investor communication with an emphasis on quality, small-cap Canadian companies which meet a strict set of criteria. QIS Capital provides investors, brokers, and analysts with regular updates on Feature Companies, Independent Research, Comparison Charts for both oil & gas and industrial/service companies, an investor forum and much more. QIS Capital also hosts regular investment conferences across Western Canada through its wholly-owned subsidiary, The Small-Cap Conference. For more details, please visit http://www.qiscapital.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 helps organisations and governments 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.

Alphinat technology could also prove useful to the healthcare, banking, insurance, telecommunications and other sectors, in modernising, 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.

Forward-looking statements

Certain statements in this document, including those which express management's expectations or estimations with regard 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.

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SOURCE Alphinat Inc.

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

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