SolutionInc Completes Previously Announced Private Placement

SolutionInc Technologies Limited (TSX-VEN:STL) announced today that it has completed its previously announced private placement, raising gross proceeds of $1,500,000 from the issue of 15,000,000 Units. Each Unit consists of one common share in the capital stock of the Company at a purchase price of $0.10 per share and one-half common share purchase warrant with each full warrant entitling the holder to acquire one common share upon exercise and payment of $0.12 per common share within two years of the date of the warrant. The Company has also issued 10,000,000 common shares of the Company to debt holders of the Company to settle $1,000,000 of the Company's debt. The net proceeds will be used for product development, marketing, commercialization and general corporate purposes. A four month hold period applies to all Units and common shares issued.

TSX Venture Exchange has not reviewed and does not accept responsibility

for the adequacy or accuracy of this news release.

About SolutionInc Limited

SolutionInc Limited offers a simple, flexible, and robust Internet Protocol provisioning engine that makes it easy for organizations, cable operators and telephone companies to deploy secure high speed Internet in Wi-Fi or wired environments, providing a seamless experience for users. The system includes award-winning Internet provisioning, authentication, and billing software, SolutionIP(TM). SolutionInc offers products and services for the hospitality, convention center, hot spot, property management, health care, cable, and Internet service provider industries.

SolutionInc is a trademark and a wholly owned subsidiary of SolutionInc Technologies Limited (TSX-VEN:STL). All other trademarks are the property of their respective holders. www.SolutionInc.com

SolutionInc Disclaimer

This press release may contain forward-looking statements involving the company's expectations about future financial results and other matters. These statements reflect management's current forecast of certain aspects of the company's future business. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results of operations to differ materially from historical results or current expectations. The words "plan", "expect", "believe", "intend", "anticipate", "forecast", "target", "estimate" and similar expressions identify forward-looking statements. Risk factors include shifts in customer demand, product shipment schedules, product mix, competitive products and pricing, technological shifts and other variables. Readers are referred to SolutionInc's most recent reports filed with the TSX venture exchange and located at www.sedar.com for a more complete discussion of the other risks and uncertainties. The factors underlying forecasts speak only as of the date they are given and do not necessarily reflect the company's outlook at any other point in time. The company does not undertake to update or review these forward-looking statements.

%SEDAR: 00008710E

For further information: Dana Landry, Chief Financial Officer, Phone: (902) 420-0077, dlandry@solutioninc.com

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