Alphinat announces its results for the fiscal quarter ended May 31, 2012 and the appointment of Mr. Marcel Elefant to the board
21 Luglio 2012 - 11:16AM
PR Newswire (Canada)
MONTREAL, July 23, 2012 /CNW Telbec/ - Alphinat Inc. announces its
results for the fiscal quarter ended May 31, 2012 and the
appointment of Mr. Marcel Elefant to the board of Directors. During
the quarter under review, Alphinat has focused its efforts on
targeting private enterprise in order to diversify its client and
partner base. This has resulted in the signing of the company's
first OEM (Original Equipment Manufacturer) agreement. On May 1,
2012, Alphinat announced that it had entered into an OEM agreement
with CSDC Systems Inc., a leading provider of business process
automation solutions for government agencies and for the banking
sector. CSDC will incorporate Alphinat SmartGuide® into their
AMANDA platform giving government and corporate customers the
ability to quickly deploy online services that allow clients,
businesses and citizens to safely and securely apply for, submit,
track, manage, and pay for applications online. In the same spirit,
Alphinat collaborates closely with Bull's software division, which
has lead to a commercialization campaign targeted at General
Councils of France for delivery of SmartGuide on premises as well
as in a SaaS mode. These two sales channels into specific vertical
markets with companies that have an established and captive client
base have resulted in a growing sales pipeline with prospects at
various levels of maturity as well as a first sale to a Canadian
client outside of the Province of Quebec. Also, the French State
Modernization Agency (DGME) has continued to expand their
citizen-centric service deployment and have ordered additional
licenses from Alphinat in order to do so. Furthermore, Alphinat has
pursued Cloud computing validations with major players in the
industry in the USA as well as in Europe. The company is
progressing in discussions with global partners for strategic
initiatives that could lead to global distribution and sales. A
Cloud instance of SmartGuide is now available in the IBM
PureSystems Center catalogue at the following address:
http://www-01.ibm.com/software/brandcatalog/puresystems/centre/details?uid=GSD_46524.
Alphinat continues to make strong headway into partnerships for
additional OEM agreements as well as for launching additional SaaS
services. Management believe that these partnerships will reduce
the SmartGuide sales cycle while multiplying points of contacts
with potential clients. For the quarter under review, the company
recorded revenue and deferred revenue for a total amount of
$492,634 (Revenue: $282,752 and Deferred revenue: $209,882). For
the 3-month period ended May 31, 2012, the Company recorded total
revenue of $282,752 compared to $179,783 for the same period in
2011. This increase is due mainly to sales of new SmartGuide
licenses as well as to increased revenue from maintenance and
support resulting from the renewal of the SmartGuide annual license
maintenance contract by the Direction Générale de Modernisation de
l'État (DGME), the French government agency responsible for State
reform, as well as by the government of Quebec. Operating expenses
decreased from $485,455 for the 3-month period ended May 31, 2011
to $439,965 for the 3-month period ended May 31, 2012. The net loss
for the 3-month period ended May 31 2012 is $157,213 or $0.003 per
outstanding common share compared to a net loss of $305,467 or
$0.006 per outstanding common share for the corresponding period in
2011. Alphinat's financial statements and Management's Discussion
and Analysis for the quarter ending May 31, 2012 can be found on
SEDAR, at www.sedar.com. Alphinat is pleased to announce the
appointment of Mr. Marcel Elefant to the board of Directors of the
company. Marcel Elefant is a graduate of Sir George Williams
College (Concordia University) with a Bachelor of Commerce and was
President of one of Canada's leading private specialty forest
product companies until his retirement in 1991. Mr. Elefant
currently sits on the boards and advisory boards of several
international private companies and charitable organizations and is
a benefactor of The Montreal Museum of Fine Arts. Mr. Elefant holds
community activities and clubs close to heart with activities and
memberships in Montreal, Stowe Vt., Monaco and Burgundy Fr. Also,
Alphinat announces that on July 18, 2012, the company's board of
Directors granted stock options representing a total of 150,000
common shares to a director of the company. The exercise price on
the options, which expire on July 18, 2017, is $0.12. About
Alphinat Alphinat provides online self-service tools and workspaces
that make it easy to deal with an organization. Its software suite
simplifies, accelerates and improves interactions with all business
constituents — resulting in greater cost-effectiveness, customer
satisfaction and employee productivity. Deployable natively in J2EE
or .NET environments, on premise or on the Cloud, SmartGuide can
help quickly build interactive web dialogs that guide people to the
relevant response, help them diagnose problems or lead them through
a series of well-defined steps that make it easy to complete
complex—or infrequently performed—tasks. It is ideally suited for:
-- Customer self-service -- Electronic forms -- Knowledge bases --
Guided selling -- Diagnostic tools -- Life event based applications
-- Education or training SmartGuide is the only web-based
development platform that allows business users to fully manage the
business content and logic of an application through easy-to-use,
drag and drop tools. In fact, SmartGuide is chock-full of
point-and-click features that other solutions require developers to
code, making your applications easier to build, test and maintain.
Furthermore, SmartGuide will automatically generate customizable
documentation of the application being built. A short 9-minute
demonstration of the Designer portion is available at:
http://www.alphinat.com/en/products/smartguide/demos.jsp. Alphinat
technology could be used in the government sector, 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. 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. ALPHINAT INC. CONTACT: Mr. Philippe LecoqChief Executive
Officer Alphinat Inc.(514) 398-9799 ext 222
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