Vigil Health Solutions Inc.
TSX VENTURE : VGL

Vigil Health Solutions Inc.

March 28, 2006 15:40 ET

Vigil Health Solutions Inc. Increases Private Placement Financing

VICTORIA, BRITISH COLUMBIA--(CCNMatthews - March 28, 2006) - Vigil Health Solutions Inc. ("Vigil") (TSX VENTURE:VGL) is pleased to announce that the maximum amount of its previously announced proposed private placement has been increased from $1.50 million to $1.65 million. Pursuant to the financing, Vigil will offer up to 27,500,000 common shares at a price of $0.06 per common share.

Vigil anticipates that insiders' participation in the proposed financing may exceed 25% of the offering.

There will be no agent in this transaction. However, the Company may pay a finder's fee of 7% on a portion of the gross proceeds raised from the private placement from investors identified by the finders.

The offering is expected to close on or about March 31, 2006. The closing of the offering is subject to the customary closing conditions and receipt of all regulatory approvals.

About Vigil Health Solutions Inc.

Vigil offers a proprietary technology platform combining software and hardware to provide comprehensive solutions to the expanding aged care market. Vigil has established a rapidly growing presence in North America and an international reputation for being on the leading edge of systems design and integration. The Vigil Integrated Care Management System™ (Vigil® System) includes nurse call, wireless nurse call, two-way voice nurse call, wireless pendants, resident check-in, bed monitoring and a unique non-invasive monitoring system for dementia residents who often do not equate pushing a button with getting help. The first to supply dementia specific care technology, Vigil facilitates the highest standard of care for cognitive residents while helping dementia residents enjoy a higher quality of life and greater dignity.

Certain information contained in this news release may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts or other statements that are not statements of fact. Although the Company believes that the expectations are reasonable, actual events or results may differ from the Company's expectations.

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