Alphinat Announces Private Placement

THIS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR
DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES 


Alphinat Inc. ("Alphinat") (TSX VENTURE:NPA), a leader in innovative Software
for the Smart Enterprise(TM), announces that it is proceeding to non-brokered
private placement, maximum of $3,000,000, consisting of Class A Units, each
comprising a Class A Debenture accompanied by one Bonus Common Share per dollar
of Class A Debenture subscribed and Class B Units, each consisting of Class B
Debentures accompanied by one Bonus Common Share per dollar of Class B Debenture
subscribed. The 3rd tranche of a private placement was completed after markets
closed Thursday, July 10, 2014 of $120,000.00 units in Series A 10% unsecured
debenture of the financing the Company had announced on August 6th 2013. Units
comprise of a 10% unsecured debenture maturing September 30, 2017 and a bonus
share for every $1.00 of unit purchased.


The Class A Debentures bear interest at 10% annually with interest payable
quarterly and mature on September 30, 2017. They are redeemable by the
Corporation on or after September 30, 2015. They are being offered at their face
value. The Class A Debentures are convertible at their principal amount into the
next equity issue of the Corporation. This transaction was a non-brokered
private placement that saw insiders participated in the amount of $120,000.00 of
this private placement, of which brings $40,000.00 is the conversion of advances
that bore 12% annual interest. The result is $80,000 of new investment into
Alphinat Inc. 


Alphinat has continued to make strong headway into partnerships for enterprise
license sales, OEM agreements as well as for launching SaaS services. The
financing is to help accelerate direct sales and the uptake in sales with
partners, with a growing number of installed clients in various geographies and
industry sectors.


Additional information on Alphinat Inc 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 for a one-stop delivery tool of Web and mobile enterprise
applications from any back-end system.


Alphinat has been appointed by technology company peers to associate member at
the Smart Cities Council (www.smartcitiescouncil.com).


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 ability to find
subscribers in connection with the proposed debenture financing. 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.


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.


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