WellPoint Systems Announces New Board Appointments

CALGARY, Jan. 13 /CNW/ - WellPoint Systems Inc., ("WellPoint" or the "Company") (TSX-V:WPS), a leading provider of software and related solutions to the energy industry, today announced the election of Messrs. Michael Goffin and David Sefton to the Board of Directors of the Corporation at its Annual and Special Meeting of the Shareholders held in Calgary on December 16, 2010.

"I am pleased to have individuals with David's and Michael's experience join WellPoint's board of directors," said Mr. Richard Slack, President and CEO of WellPoint Systems.  "Both bring significant expertise in the investment and funding arena to WellPoint and I am sure they will be able to begin making a meaningful contribution to WellPoint's business ventures and strategic direction in the near term.  I would also like to thank two long time Board members who recently stepped down from WellPoint's board - Mr. Michael Maher and Ms. Wanda Dorosz - for their many years of service to WellPoint."

Mr. Sefton is a partner of Arch Capital Partners LLP, and has more than 12 years of experience in advising on, executing and implementing cross-border investments throughout Europe. David commenced his career at Cleary, Gottlieb, Steen & Hamilton, where he was a senior associate based in the London and New York offices, and then as chief legal officer at Lukoil Financial Services Ltd. David has extensive experience of transactions across the whole of Europe, including Eastern Europe and Russia, and the Middle East, and has particular expertise in the Oil and Gas, Financial, Telecommunications and Technology sectors and their related services.  David holds BA (Hons), MA (Hons) and BCL degrees from Oxford University, is qualified as a lawyer and is an approved person in Investment Management by the United Kingdom's Financial Services Authority (FSA).

Mr. Goffin is a partner of Arch Capital Partners LLP, a member of Sefton Partners LLP. He has more than 15 years of investment management, accounting and corporate financial experience. Prior to joining Arch Capital Partners he was a partner with the Quorum Funding Corporation and before that held financial positions in the services industry and manufacturing sector. Michael has served on the boards of several companies and funds including both privately held and publicly listed companies.  He graduated from the University of Toronto with a BA degree in economics and environmental management in 1994, holds a certified general accountant professional designation and is approved to perform controlled functions by the FSA.

In addition, the following board members were re-elected to the Board of Directors at the Company's annual shareholder meeting:

Richard Slack
Charles Selby
Ben Mayberry
Randall Findlay

About WellPoint Systems Inc.

WellPoint provides premier software and related services for managing critical operations within the energy industry. As a Microsoft Gold Certified Partner since 2005, WellPoint is the only Independent Software Vendor (ISV) and Microsoft Dynamics partner dedicated to the energy sector. It is breaking new ground with the creation of a more comprehensive, integrated energy software suite based on existing Microsoft ERP technology that utilizes state-of-the-art Dynamics AX® and .NET architectures. WellPoint also provides software and services under the BOLO, IDEAS International and AX EAM brands.

Founded in 1997, Calgary-based WellPoint Systems also has major operations in Denver, CO, Houston, TX, Livingston, NJ, Tampa, FL, Tunis, Tunisia and Pretoria, South Africa. WellPoint is publicly traded on the TSX Venture Exchange under the symbol WPS.

This document contains forward-looking statements. Some forward looking statements may be identified by words like "expects", "anticipates", "plans", "intends", "indicates" or similar expressions. The statements are not a guarantee of future performance and are inherently subject to risks and uncertainties. The Company's actual results could differ materially from those currently anticipated due to a number of factors, including, but not limited to, successful integration of structural changes, including restructuring plans, acquisitions, technical or manufacturing or distribution issues, the competitive environment for the Company's products, the degree of market penetration of the Company's products, and other factors set forth in reports and other documents filed by the Company with Canadian securities regulatory authorities from time to time.

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.

SOURCE WellPoint Systems Inc.

For further information:

Richard Slack        Herve Seguin
President and Chief Executive Officer        Chief Financial Officer
(303) 987-2238        (647) 346-6158
rick.slack@wellpointsystems.com       herve.seguin@wellpointsystems.com  

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WellPoint Systems Inc.

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