Alphinat Announces a Profit of $517 for Fiscal Year Ended August 31, 2019

MONTREAL, Dec. 24, 2019 (GLOBE NEWSWIRE) -- Alphinat Inc. (TSXV: NPA) announces a profit of $517 for the fiscal year ended August 31, 2019.

During fiscal 2019, Alphinat has concentrated most of its commercial efforts on its partnerships and accelerating sales in the public sector. Furthermore, SmartGuide continues being used by federal government agencies , state / provincial and municipal governments.

Our teams is involved in a variety of strategic projects with very short delivery delays, demonstrating the level of productivity that SmartGuide offers our clients and partners. At Alphinat, we are constantly looking for ways to enhance user experience and interoparability of client IT infrastructures.

SmartGuide allows the IT department to focus on the infrastructure, technical conventions, connections to existing systems and security while business subject matter experts expand on that foundation to convert their knowledge and know-how into citizen-centric online services. SmartGuide has many times demonstrated that it offers our clients and partners the lowest Total Cost of Ownership (“TCO”) compared to custom coded solutions.

In order to accelerate future growth, Alphinat has considerably broadens its horizons by now counting three main areas of solution development:

1. SmartGuide Portal Edition for Dynamics 365¹, with 4 license sales to a G7 government in fiscal 2019, has optimize the way that clients can now create and deploy online services on top of Microsoft Dynamics 365 CRM solutions. This offering is available in SaaS mode as well as on-premises;
    
2. SmartGuide Municipal Cloud aims at offering unparalleled productivity to municipalities. Municipalities will be able to choose from a catalogue of pre-built applications, further accelerating the speed at which they can deploy citizen-centric services. These services include service requests, permitting and licensing as well as numerous other citizen-facing services and internal applications.
    
3. SmartGuide CIVIC Portal for Amanda² is a derivative of the Municipal Cloud solution front ending a partner solution for an improved user experience for both the client cities and their citizens be it on-premises on in a secure-cloud offering.

During 2019, our R&D team has continued to improve SmartGuide and SmartGuide derivative products in order to support the growing ambitions and demands of our clients and partners all while supporting our own strategic growth.