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Wednesday, March 01, 2006

Wellpoint signs two new clients in financial management sector

CALGARY, - WellPoint Systems Inc. ("WellPoint")(TSX-V:WPS),today announced that it has signed contracts with two new clients, Coastal Energy Partnership ("Coastal Energy") and Quadrise Canada Fuel Systems Inc. ("Quadrise"). Both companies have selected WellPoint Integrated Financials (previously known as the WellPoint Integrated Financial System - IFS) as their primary accounting and financial management system.

WellPoint Integrated Financials is quickly becoming renowned across the North American energy industry for its enterprise scalability, its rich functionality and its inherent ability to integrate complementary applications like payroll, asset management and numerous other enterprise resource planning modules.

"Both Coastal Energy and Quadrise had multiple alternatives to choose from when selecting a new financial system to act as the core of their operation," says Tom Mawhinney, President of WellPoint Systems. "We are extremely encouraged by the fact that they have selected our application as the solution that best aligns with their overall business objectives. With the rapid progress we have been making in the marketplace, we fully expect our financial software to become the premier choice of the energy industry in the coming months."



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