Alphinat Announces a Loss of $85,157 for Fiscal Quarter Ended Feburary 28, 2022

MONTREAL QC / ACCESSWIRE / April 27, 2022 / Alphinat Inc. (TSXV:NPA) announces a loss of $85,157 for the financial quarter ended February 28, 2022.

During the quarter ended February 28, 2022, Alphinat concentrated most of its commercial efforts on its partnerships and accelerating sales in the public sector. Furthermore, SmartGuide software continues being used by federal government departments & agencies, state / provincial and municipal governments.

Our teams are 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 interoperability 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 four main areas of solution development:

1. SmartGuide® Portal Edition for Dynamics 365¹ 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® GreenHouse Gas Registry solutions (SmartGHGR.ca) is a green fintech solution allowing governments and industry to work together in reducing the harmful effects of greenhouse gas. Alphinat currently has two provincial clients for our SmartGHRG.ca solution.
3. SmartGuide® Claims solutions (SmartClaims.ca) were developed in conjunction with a major IT consulting partner, which aim at offering unparalleled productivity to federal, state and municipal clients for financial claims applications, ajudication and settlements for financial compensation and class action settlements with customizable citizen-facing services and internal applications.
4. SmartGuide® CIVIC Portal, CIVIC Portal for Amanda™² and SmartGuide® Municipal Cloud are Municipal Cloud and on-premises solutions front ending partner solutions and other digital services for improved user experience for both the client cities and their citizens.

During the quarter ended February 28, 2022, our R&D team has continued to improve SmartGuide and SmartGuide derivative products in order to support the growing ambitions of our clients and partners all while supporting our own strategic growth. We added class actions and financial claims automation processing to our repeatable solutions offerings and are marketing these solutions with an IT consulting partner.