Regent Resources adds to the Momentum of WellPoint IFS

CALGARY, Alberta – WellPoint Systems Inc. ("WellPoint") (TSX-V:WPS) today announced that it has signed an agreement with Regent Resources Ltd. (“Regent”) to implement the WellPoint Integrated Financial System (IFS) as a replacement to Regent’s existing financial management solution, CGI enVision. Regent is the second company in as many weeks to adopt WellPoint’s solution.

Made commercially available on September 1, 2005, WellPoint IFS v2.0 is a next-generation technology based on the Dynamics AX platform from Microsoft. Unlike today’s existing Oil & Gas accounting applications that were designed as standalone systems, WellPoint IFS is architected to provide Oil & Gas customers with industry-specific features (i.e. Division of Interest (DOI) capability, Authorization for Expenditure (AFE) processes, etc.) as well as the option to add integrated functionality (i.e. Human Resource Management, Customer Relationship Management, Payroll, etc.) when and if it is required.

The Regent engagement further confirms both the scalability and integration capability of the WellPoint solution. WellPoint IFS will be replacing a mature, enterprise-level system in an environment where the integration of data between related applications (i.e. Financial Accounting, Production Accounting, Land, etc.) is paramount.

“WellPoint IFS was designed with a view to seamless integration to whichever business applications our customers elect to use,” says Tom Mawhinney, Vice President of Sales & Marketing for WellPoint Systems. “We are truly excited about the opportunity to demonstrate this capability to a company like Regent Resources who is willing to challenge a software vendor to deliver on the promise of application integration.”

For more information visit www.wellpoint.ca