EY

Extenway Solutions Inc. ("Extenway") (TSX VENTURE:EY) presented its financial
results for the year ending April 30, 2012 at its annual and special meeting of
shareholders in Montreal this morning. 


Extenway CEO John McAllister started with the news that the Company was selected
by the CSSS du Lac-des-Deux-Montagnes to provide bedside terminals and services
for the Saint-Eustache Hospital's 280 beds in september 2011 and that this
installation, the first in an acute care hospital, was now complete and in
revenue service. 


Furthermore, this installation contained a number of advances such as the use of
the existing co-axial cable rather than re-wiring the facility. During the
installation process, another Extenway innovation allowed each terminal to be
activated on a rolling basis so patients benefited from the service sooner and
the CSSS generated revenues for Extenway more rapidly, which also resulted in a
reduction of approximately 50% in the capital cost per bed.


"We entered the year with a growing pipeline of potential hospital contracts, in
terms of hospital presentations, requests for information and requests for
proposal specifying the highest functionalities of our system, said John
McAllister, CEO of Extenway. Thus we ended the year with a far greater pipeline
and significant evolution of proposals to the decision stage as well as far
wider geographic possibilities provided by the relationships we have developed
with third parties."


Extenway also spoke to how it improved its technology and content since last
year, by adding, to name a few, telecommunications and various healthcare
functions as well as movies on demand. 


Shareholders were also informed that the existing installations of the Extenway
solution at the Jewish Rehabilitation Hospital in Montreal and in a chemotherapy
facility at the Memorial Sloan Kettering Cancer Center in New York City both
continued to operate with steady patient utilization.


Revenue for the fiscal year 2012 totalled $181,000. The company announced net
losses of $2.8 million compared to net losses of $2.3 million for the fiscal
year 2011.


Please take note that some of the directors of Extenway (Louis Brunel, Francine
Laurent, Lorne Zakaib and Carolyne Lassonde) have been granted options allowing
them to subscribe each a maximum of 150,000 common shares of Extenway, at a
price of subscription of 13 cents per share. The expiry date of these options is
October 25, 2017.


About Solutions Extenway

Extenway Solutions provides technology solutions to the healthcare sector. Among
the services offered by Extenway are interactive televisions, bedside patient
terminals, Internet, entertainment, content integration, advertising, education,
and integrated solutions. Extenway allows organizations to optimize the way they
manage and coordinate interactions in the areas of communications, information
and entertainment. For more information, visit www.extenway.com or follow us on
Twitter @Extenway.


Disclaimer - Safe Harbour Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking
statements. These forward-looking statements relate to the future financial
conditions, results of operations or business of Extenway. These statements may
be current expectations and estimates about the markets in which Extenway
operates and management's beliefs and assumptions regarding these markets. These
statements are subject to important risks and uncertainties which are difficult
to predict and assumptions which may prove to be inaccurate. The results or
events predicted in forward-looking statements may differ materially from actual
results or events. Extenway disclaims any intention or obligation to update or
revise any forward-looking statements, whether as a result of new information,
future events, or otherwise. In particular, forward-looking statements do not
reflect the potential impact of any merger, acquisitions or other business
combinations or divestitures that may be announced or completed after such
statements are made. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Marie-Helene d'Entremont
Zone franche
514 317-5715, ext. 204 or 514 792-2334 (mobile)
mhdentremont@zonefranche.ca

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