CriticalControl issues shares and cancels warrants



    CALGARY, Feb. 17 /CNW/ - CriticalControl Solutions Corp., (TSX:CCZ)
announces that it has issued 481,716 shares to Wellington Financial pursuant
to the cashless exercise and cancellation of Wellington Financial's warrants
to acquire 2,934,782 shares of the Company.
    Following the exercise and cancellation, CriticalControl's outstanding
shares increased by 481,716 (1.17%) to 41,854,021 and the Company's
outstanding shares calculated on the assumption of the exercise or conversion
of all convertible or exchangeable securities decreased by 2,453,066 (5.26%)
to 44,148,868.

    About CriticalControl:

    CriticalControl enables its clients to increase operational performance
through the better control of critical business information. Through the
balance of practicality, innovation and technology, we empower our clients
with everything from strategies and tools, to outsourced solutions to manage
information, wherever and in whatever form that information exists.





For further information:

For further information: Alykhan Mamdani, President & CEO, Tel (403)
705-7500; or David Feick, The Equicom Group, Tel (403) 538-4787,
dfeick@equicomgroup.com

Organization Profile

CRITICALCONTROL SOLUTIONS CORP.

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