NPA Alphinat Inc

Alphinat Inc. (TSX VENTURE:NPA), announces its results for the 3-month year
ended November 30, 2012. 


For the 3-month period ended November 30, 2012, the Company recorded total
revenue of $183,280 compared to $271,999 for the same period in 2011. For the
3-month period ended November 30, operating expenses decreased from $379,650 in
2011 to $291,651 in 2012.


During the quarter under review, Alphinat pursued its partnership strategy aimed
at supporting and accelerating commercialization of SmartGuide for enterprise
license sales, for OEM agreements and for SaaS-based services built using
SmartGuide.


Recent partnerships have started to gain traction in a variety of markets as
demonstrated by two significant license sales concluded in December 2012,
amongst which is Alphinat's first sale of its SmartGuide PaaS Edition platform,
destined to build a service marketplace for the Insurance Claims processing
vertical for a hosted shared services environment. In December 2012, the Company
completed license sales to two new Canadian Provinces, totaling $450,000 plus
20% annual maintenance fees.


Alphinat also announces the adoption of an amended it Stock Option Plan under
TSX Venture Exchange Policy 4.4 Incentive Stock Options, received as required
the disinterested shareholder approval, at the meeting of shareholders on
February 27th, 2012. The Stock Option Plan was modified so as to set the number
of common shares reserved for issuance there under to 7,193,041 which
represented 15% of all of the issued and outstanding common shares of the
Corporation at that time. Except for this increase, no other terms of the Stock
Option Plan were modified.


Also, Alphinat Inc. announces that on January 22, 2013, the company's Board of
Directors granted stock options representing a total of 40,000 common shares to
a director of the Company. The exercise price on the options, which expire on
January 22, 2018, is $0.12.


Alphinat's financial statements and Management's Discussion and Analysis for the
3-month period ending November 30, 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

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