Alphinat Inc. is pleased to announce that the Department of Labour at a New England State acquired a SmartGuide® production licence for secure portal from AlphinatIn addition, Alphinat is pleased to announce the vote results of its annual general and special meeting of shareholders of the Corporation held Thursday, February 25, 2021 with the required quorum of voting Shareholders.Each of the nominee directors ...

Alphinat Inc. (TSXV:NPA) ("Alphinat" or the "Corporation") is pleased to announce that the Department of Labour at a New England State acquired a SmartGuide® production licence for secure portal from Alphinat

In addition, Alphinat is pleased to announce the vote results of its annual general and special meeting of shareholders of the Corporation (the "Shareholders") held Thursday, February 25, 2021 with the required quorum of voting Shareholders.

Each of the nominee directors listed in the Corporation's management information circular dated January 21, 2021 (the "Circular"), being Michel Lemoine,Curtis Page, Benoit Ste-Marie, Marcel Elefant, Eric David and Karyn Pellatt-Caron were elected as directors with no less than 97% of the votes cast.

The resolution to appoint Raymond Chabot Grant Thornton, as auditors of the Corporation for the current financial year 2021, to hold office until the next meeting of Shareholders, and authorize the board of directors of the Corporation to set the compensation to be paid to the auditors was also approved with 100 % of the votes for the resolution.

The resolution to amend the stock option plan by authorizing the Corporation to increase the maximum aggregate number of Common Shares that may be issued pursuant to the exercise of options under the stock option plan, as described in the Circular, was approved by a majority of disinterested Shareholders representing 87.4 % of the disinterested votes cast.

About Alphinat

At Alphinat, we are driven by the passion to make application development easy for everyone and system interoperability issues a thing of the past. We enable people with the vision of how a finished application should look and behave to be a major part of the development process. After all, what better way to ensure a favorable outcome than to provide those closest to an application's end-users with a vested interest in its success throughout its development?

That's why we bring you new ways to empower the right people at the right time in the application development process. At the same time, we're constantly working to reduce the need to code in order to make application development and maintenance simpler and less error prone.

So, whether you choose to develop your applications with the help of our low-code platform SmartGuide®, kickstart your project using one of our pre-built apps or engage us or one of our partners to do the work for you, we're here to help you deploy secure user-friendly applications in record time. Visit us at https://www.alphinat.com for more information.

Forward-looking statements

Certain statements in this document, including those which express management's expectations or estimations with regards 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 capacity to increase acceptance of its products on the market, and to penetrate new markets; the potential existence of defects or undetected problems in the Company's products; the Company's ability to manage its growth; the Company's ability to compete with others; potential commitments; maintaining the Company's intellectual property rights and defending against litigation putting those rights in question; the Company's reliance on the knowledge of its key personnel; and the Company's access to sufficient capital to finance its future needs. This is a partial and non-exhaustive list of 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. 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:

Mr. Curtis Page
Chief Executive Officer Alphinat Inc.
(514) 398-9799 ext 225

SOURCE: Alphinat Inc.



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