MONTREAL, April 21 /CNW Telbec/ - Alphinat Inc. (TSX Venture: NPA)
announces its interim financial results for the quarter ending February 28,
During the quarter ended February 28, 2009, the Company's operations have
focused on the marketing of SmartGuide, its flagship product, and related
professional services. Alphinat consolidated its position as an eGovernment
software supplier by assisting various agencies and departments in deploying
government services targeted at citizens and entrepreneurs. Furthermore,
during the period under review, Alphinat has pursued it's commercial
activities in Europe with new mandates being delivered with partners. These
contracts are in line with corporate growth objectives and demonstrate the
Company's ability to support its partners in their resale and use of
SmartGuide in mandates with their client-base. Alphinat continues to pursue it
strategic focus on the Government of Québec and to prospect in new markets via
direct sales and through partnerships.
For the 3-month period ended February 28, 2009, the Company recorded
total revenue of $345,967 for net losses of $51,915 or $0.001 per outstanding
common share. The revenue for the period under review results from projects
that have been delivered to ministries and departments of the Quebec
government as well as from European contracts.
Alphinat's financial statements and Management's Discussion and Analysis
for the period ending February 28, 2009 can be found on SEDAR, at
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, and telecommunications 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.
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 ext 22