TrueContext Mobile Solutions Corporation (Formerly Carlaw Capital II Corp.)
TSX VENTURE : CAW.P

August 18, 2009 19:48 ET

TrueContext Mobile Solutions Corporation (Formerly Carlaw Capital II Corp.) Announces Final Approval of Qualifying Transaction; Shares to Commence Trading

OTTAWA, ONTARIO--(Marketwire - Aug. 18, 2009) - TrueContext Mobile Solutions Corporation, formerly Carlaw Capital II Corp. (the "Corporation" or "TrueContext") (TSX VENTURE:CAW.P), is pleased to announce that it has received final approval from the TSX Venture Exchange (the "Exchange") with respect to its previously announced qualifying transaction (the "Qualifying Transaction"). The Exchange final bulletin relating to the completion of the Qualifying Transaction is scheduled to be issued on August 19, 2009.

The Corporation is no longer considered a Capital Pool Company and will resume trading on the Exchange on Thursday, August 20, 2009 under its new name and trading symbol "TMN".

ABOUT TRUECONTEXT MOBILE SOLUTIONS CORPORATION

Established in 2001, TrueContext is a pioneer in the creation and utilization of easy to use mobile data collection applications. Their flagship product, Pronto Forms (www.prontoforms.com) simplifies field data capture and extends the most powerful business applications to nearly any mobile device. This award-winning, patent-pending technology allows non-technical customers to securely build, manage and deploy a wide variety of forms for mobile workforce management. For questions or additional information, please contact TrueContext at sales@truecontext.com or at +1.877.333.9779.

Certain information in this press release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation. Additional information identifying risks and uncertainties is contained in the Corporation's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

The TSXV has in no way passed upon the merits of the Qualifying Transaction and has neither approved nor disapproved the contents of this press release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • TrueContext Mobile Solutions Corporation
    Alvaro Pombo
    Chief Executive Officer
    613.599.8288 ext. 1111
    apombo@truecontext.com