TrueContext Mobile Solutions Corporation Announces $1 Million Credit Facility Commitment Letter with BDC

TrueContext Mobile Solutions Corporation (TSX VENTURE:TMN) ("TrueContext" or the
"Company"), a mobile data solutions company, today announced that it has entered
into a commitment letter with BDC Capital Inc. ("BDCC"), a wholly-owned
subsidiary of Business Development Bank of Canada, for a $1 million five-year
secured term credit facility bearing interest at a fixed rate of 8.5% per year.
The credit facility provides for the disbursement of funds in stages, subject to
the Company achieving specific milestones. In addition, the commitment letter
contemplates that BDCC is entitled to receive: (i) post-year-end annual royalty
payments commencing for the 2015 fiscal year until maturity, such royalties to
be based on the Company's consolidated annual gross sales; and (ii) a bonus
payment upon the occurrence of certain change of control events.


The net proceeds from the credit facility are intended to be used for operations
and working capital purposes. Completion of the financing is subject to the
negotiation and execution of definitive loan and security documents. 


Further details regarding the financing will be available in the Company's
public filings at www.sedar.com.


ABOUT PRONTOFORMS(TM) AND TRUECONTEXT

ProntoForms is a mobile workflow solution used by 2,000 business customers.
Available for smartphones and tablets, ProntoForms incorporates a mobile device
App, a Web management portal to manage teams and data flow, and provides the
ability to export or connect data to the back office or to popular cloud
services.


TrueContext, traded on the TSXV under the symbol TMN, has a powerful and
proprietary patent portfolio, from which the ProntoForms mobile App and Web
reporting portal have been developed. ProntoForms is the registered trademark of
TrueContext Corporation, a wholly-owned subsidiary of TrueContext.


Certain information in this press release may constitute forward-looking
information, including information regarding the private placement and future
tranches thereunder. This information is based on current expectations that are
subject to significant risks and uncertainties that are difficult to predict.
Actual results might differ materially from results suggested in any
forward-looking statements. The Company assumes no obligation to update the
forward-looking statements, or to update the reasons why actual results could
differ from those reflected in the forward-looking statements unless and until
required by securities laws applicable to the Company. Additional information
identifying risks and uncertainties is contained in the Company's filings with
the Canadian securities regulators, which filings are available at
www.sedar.com.


This news release does not constitute an offer to sell or a solicitation of an
offer to buy any securities. The securities have not been and will not be
registered under the United States Securities Act of 1933, as amended (the "US
Securities Act") or any state securities laws and may not be offered or sold
within the United States or to US persons unless registered under the US
Securities Act and applicable state securities laws or an exemption from such
registration is available. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
TrueContext Mobile Solutions Corporation
Alvaro Pombo
Chief Executive Officer
613.599.8288 ext. 1111
apombo@truecontext.com

Prontoforms Corporation (TSXV:TMN)
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