Extenway Announces Proposed Debt Settlement and Second Tranche of a $2,910,000 Private Placement; Management Change - Seite 3

Assuming the completion of the Private Placement and the Debt Settlement (and assuming the settlement of the entire amount (100%) of the Convertible Indebtedness) on March 11, 2015, it is expected that McAllister, Brown and DI will own, directly or indirectly or exercise control or direction over, 65,188,793 common shares, 38,850,210 common shares and 51,452,463 common shares, respectively, representing 21.47%, 12.79% and 16.95%, respectively, of the then issued and outstanding common shares of the Company.

The Company anticipates closing the Private Placement and the Debt Settlement on or about March 11, 2015.

Resignation of Jacky Chatelais

The Company announces the resignation of the President of its wholly-owned subsidiary, Extenway MD Inc., Jacky Chatelais. Extenway's President and Chief Executive Officer, John McAllister, will assume the position of President of Extenway MD Inc. on an interim basis until such time a permanent successor is selected. Mr. Chatelais will continue to assist in the operations of Extenway MD Inc. as a consultant.

About Extenway Solutions

Extenway Solutions is a supplier of client-focused solutions for the healthcare industry. Services offered by Extenway include interactive television, beside terminals for patients, internet, entertainment, content integration, advertising, education and medical integrated solutions. Extenway allows organizations to optimize management and coordination of human interactions as well as communications, information and coordination. For further information, please visit extenway.com or follow us on Twitter @Extenway.

Disclaimer

Certain statements that appear in this news release constitute forward-looking statements. These forward-looking statements relate to future financial conditions, results of operations or business of Extenway Solutions Inc. These statements may be current expectations and estimates about the markets in which Extenway Solutions Inc. operates and management's beliefs and assumptions regarding these markets. These statements involve significant risks and uncertainties which are difficult to predict and assumptions which may prove to be inaccurate. The results or events predicted in forward-looking statements may differ materially from actual results or events. Extenway Solutions Inc. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In particular, forward-looking statements do not reflect the potential impact of any merger, acquisitions or other business combinations or divestitures that may be announced or completed after such statements are made.

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.

John McAllister
President and CEO
Extenway Solutions Inc.
514-694-1916