Alphinat Announces Its Results for the Fiscal Year Ended August 31, 2012

Alphinat Inc. (TSX VENTURE:NPA) announces its results for the fiscal year ended
August 31, 2012.


During fiscal year 2012, Alphinat pursued its partnership strategy aimed at
supporting and accelerating commercialization of SmartGuide, both for enterprise
license sales and for SaaS-based services built using SmartGuide. The OEM
agreement Alphinat signed with CSDC Systems Inc. (www.csdcsystems.com) and the
Bull (www.bull.com) distribution agreement are a testament to the success of
this strategy. Furthermore, Alphinat's commercialization efforts have resulted
in the sale of SmartGuide licenses to two new Canadian provinces.


During fiscal 2011, Alphinat recognized revenue totalling $793,915 compared to
$682,783 for 2011 and $1,255,514 for 2010. Net losses for fiscal 2012 totalled
$787,783 compared to a net loss of $940,845 for fiscal 2011. 


Alphinat's financial statements and Management's Discussion and Analysis for the
period ending August 31, 2012 can be found on SEDAR, at www.sedar.com.


About Alphinat

Software for the Smart Enterprise(TM) providing agility to leverage existing IT
assets and lower costs.


Alphinat develops, markets and supports software technology that enables
non-technical managers to configure and deploy form based Web and mobile
applications and utilities that helps organizations and governments better serve
clients whether they are looking to deploy on premise or in the Cloud. This
technology uses sophisticated data organization and processing software to
automate interactions between systems, employees, clients, suppliers and
partners. The software seamlessly integrates into complex environments
permitting a high level of collaboration in delivering user-centric services
while leveraging existing IT assets. It provides efficient and cost-effective
solutions to clients at both the time of acquisition and on an ongoing basis.


Alphinat technology could also be used in 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 and CCFL
Capital's ability to find subscribers in connection with the proposed private
placement. This is only one of the 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. Unless required by
law, 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Mr. Philippe Lecoq
Chief Executive Officer
Alphinat Inc.
(514) 398-9799 ext 222
Alphinat (TSXV:NPA)
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