CriticalControl Solutions Corp.
TSX : CCZ

CriticalControl Solutions Corp.

April 01, 2011 09:01 ET

CriticalControl Renews Contract With a Major Government Client

'CriticalControl receives three year contract extension valued at over $10.0 million'

CALGARY, ALBERTA--(Marketwire - April 1, 2011) - CriticalControl Solutions Corp. (TSX:CCZ) ("CriticalControl") today announced that its wholly-owned subsidiary, CriticalControl Solutions Inc. has entered into a three year contract extension for the provision of certain outsourced business process services for a provincial government client. The contract is expected to generate in excess of $10.0 million over the three year renewal term and provides the client with a right to further extend provision of the services for an additional two years thereafter.

About CriticalControl:

CriticalControl enables its clients to increase operational performance through the better control of critical business information. Integrating technology with labour intensive processes of imaging and data entry, CriticalControl empowers its clients to increase their competitiveness, reduce operating expenses and improve margins. For more information please visit www.criticalcontrol.com.

Forward Looking Statement:

CriticalControl's estimate of revenue from the contract extension is a forward looking statement and is based upon amounts billed to the client over the initial 5 year term and the total 13 years of providing these services to the client. Certain of these services are transactional in nature and a further economic decline in Alberta may reduce expected revenue. In addition, the client may choose to repatriate some or all of the services under the agreement, which could also reduce the expected revenue from the contract renewal.

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