Valucap Announces First Quarter Results

TORONTO, ONTARIO--(Marketwire - Sept. 28, 2011) - Valucap Investments Inc. (TSX VENTURE:V) ("Valucap") announces results for its first quarter ended June 30, 2011. Highlights of the quarterly results, which are expressed in Canadian Dollars, are:

• Valucap had a net loss of $166,781 in the year compared to a loss of $308,763 in the same period last year.
• The loss in the current year included a charge for Valucap's share of the losses of its investee company, 80/20 Solutions Inc, ("80/20") of $66,900 down from $217,699 in the same period last year.
• On May 17, 2011, Valucap made an investment of $250,000 in convertible debentures of Outside Intelligence Inc ("OIQ"), a private company. These debentures accrue interest at 15% are due on February 28, 2013, and are convertible into OIQ shares based on a formula which is a function of valuation at the time of conversion.
• On May 31, 2011, the Company exercised its option to acquire the Elliptic shares from NorthStar by issuing 4,290,011 units at $0.10 per unit. The units are comprised of 4,290,110 common shares and 4,290,110 warrants, each enabling the holder to acquire a common share at $0.16 for 18 months.
• On June 20, 2011, Valucap invested an additional $100,000 in shares of Bee Media.

Subsequent to June 30, 2011 the highlights are:

• On September 14, 2011 the Company received final approval from the TSXV for the sale of its 80/20 shares to a third party company. Under this transaction the Company sold 32% of its holdings (9,249,474 common shares) for $415,000. The purchaser has a one year option to acquire the remaining shares held by the Company for $885,000.

"By completing a transaction to sell the investment in 80/20 the Company is moving forward with its strategy of taking smaller positions in companies with unique technologies. These investments are made alongside larger, strategic investors." said Jeffrey Watts, President and Chief Executive Officer of Valucap.

Valucap's audited financial statements and related management's discussion and analysis ("MD&A") for the quarter are available to the public at www.sedar.com and the highlights in this release should be read in conjunction with the detailed results and MD&A. The MD&A provides an analysis of comparisons with previous periods, trends affecting the business and risk factors.

About Valucap

Valucap is an investment issuer and is interested in making investments in emerging technologies and markets. Valucap intends to become a leading small cap Canadian equity company that specializes in investing in commercialized and undercapitalized companies that have high growth potential. Specifically, Valucap seeks to generate above average investment returns on its capital by providing "transaction driven" growth capital to micro and small cap companies which operate within preferred industry sector classifications. The common shares of Valucap are currently listed on the TSX Venture Exchange.

This press release includes certain "Forward-Looking Statements." All statements, other than statements of historical fact, included herein, including without limitation, statements regarding future plans and objectives of Valucap, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.