Courtland Capital Corp.

April 21, 2011 17:21 ET

Courtland Capital Inc. Announces Change of Year End

CALGARY, ALBERTA--(Marketwire - April 21, 2011) - Courtland Capital Inc. (TSX VENTURE:CTD.H) (the "Corporation"), formerly Forcelogix Technologies Inc., announces that it has changed its fiscal year-end to March 31 from the current fiscal year-end of December 31.

Corporation recent sold all or substantially all of its undertaking through an asset sale in which the Corporation sold its wholly owned operating subsidiary, ForceLogix, Inc. on February 25, 2011 (the "Asset Sale") and the Corporation currently has no active business operations. The Asset Sale was completed after the Corporation's original year end December 31, 2010 and since the Corporation anticipates acquiring a new business or assets to commence operations within the next 12 months, extending the 2010 fiscal year to a 15 month year would allow the Corporation to capture and report on the Asset Sale transaction within the 2010 fiscal year.

Going forward, changing the year end of the Corporation to March 31 will permit the March 31, 2012 year end to reflect the current state of the Corporation and/or include any new business without the potential complexity of co-mingling the old business of ForceLogix, Inc. with any new business the Corporation may acquire prior to March 31, 2012.

The Corporation has filed a Notice of Change of Year End on SEDAR pursuant to Section 4.8 of National Instrument 51-102 Continuous Disclosure Obligations.

The Corporation has also filed the interim financial statements and MD&A for the 12 month period ended December 31, 2010 on SEDAR.

"This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.Such information is subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information, as no assurances can be given as to future results, levels of activity or achievements."

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.

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