Evolved Digital Systems Inc. announces forbearance agreement



    MONTREAL, March 2 /CNW Telbec/ - Evolved Digital Systems Inc. (TSX: EVD),
announced today that Argosy Bridge Fund L.P. II has agreed to a forbearance
arrangement until April 2, 2007 related to the company's debt which, as
previously announced, matured on December 21, 2006. As previously disclosed,
Evolved requires additional capital to continue as a going concern and
continues to have discussions with its secured creditors and others with
respect to its current financial position.

    About Evolved

    Through its Digital Imaging Workflow Solution, Evolved serves its clients
with a Managed Services approach proven to increase operational efficiency and
to reduce IT spending in hospitals and imaging facilities across the United
States. Evolved's fully managed, web-based RIS solution includes image and
data verification from a modality to the archive and/or HIS, on-line dictation
and transcription, and optional integrated PACS with 5 years of on-site
storage. Evolved's Managed Services offering provides a unique workflow
solution seamlessly integrated, and backed by a highly qualified and dedicated
team of experts. Evolved's clients can additionally choose to utilize
Evolved's secure, state of the art data center for offsite archiving and
disaster recovery. Evolved's solution addresses common challenges small to
medium sized facilities face today by providing custom solutions, founded on a
pay as you go financial model, and backed by unparalleled off-site customer
service and support. Evolved is a publicly traded company listed on the
Toronto Stock Exchange (TSX: EVD). Corporate headquarters are based in Laval,
Quebec. U.S. offices are located at 5141 Virginia Way, Suite 300, Brentwood,
TN 37027.

    The TSX has neither approved nor disapproved the information contained
    herein.




For further information:

For further information: contact EVOLVED at 1-800-5EVOLVED or visit the
company website at www.evolveddigital.com; Linda Willis, Vice President and
Controller, (615) 850-3029, linda.willis@evolveddigital.com; Source:  Evolved
Digital Systems Inc.

Organization Profile

EVOLVED DIGITAL SYSTEMS INC.

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