St. John’s, NL—January 24, 2012— Verafin Inc. (www.verafin.com), a leading provider of
fraud detection, anti-money laundering (AML) and compliance software, announces it now has
over 800 customers with Capitol Federal Savings Bank in Topeka, Kansas, and Canadian
Western Bank, headquartered in Edmonton, Alberta among the latest banks to choose Verafin’s
FRAML™ (fraud detection and AML) solution.

“Seeing our family of customers grow beyond 800 is truly a confirmation of our entire team’s
commitment to innovation and dedication to our customers’ success in detecting fraud and
money laundering,” said Jacquelyn Holden, Verafin’s Vice President of Sales. “We have
developed, and continue to push forward, our advanced FRAML software platform by working
hand-in-hand with our customers. We feel the sky is the limit as to what we can achieve
together.”

When Capitol Federal Savings Bank, a $9 billion-in-assets Kansas financial institution, searched
for software that could help reduce duplicate efforts between fraud and BSA departments,
Verafin was a natural fit. “Capitol Federal was seeking to consolidate multiple fraud
detection/prevention systems that had been designed for single channel analysis. With the
changes in both customer account usage patterns and the increased regulatory oversight of these
transactions, our ‘siloed’ approach was no longer adequate for our needs,” said Larry K.
Brubaker, the bank’s Executive Vice President. “The Verafin FRAML software not only
provides us with a more detailed analysis of activity patterns at the customer level, it also is
saving us money compared to our former solutions by reducing the man-hours required to review
the reports.”

David Ball, AVP Regulatory Compliance and Chief Anti-Money Laundering Officer for
Canadian Western Bank, adds a Canadian financial institution perspective. “The Canadian
Western Bank Group is very pleased to have selected Verafin as its provider of AML/ATF [Anti-
Terrorist Financing] software, as we believe they are the industry leader in automated AML/ATF
solutions. We also respect that Verafin is a successful Canadian-based company that shares many
of the same values as Canadian Western Bank Group.” With almost $15 billion of assets,
Canadian Western Bank is the largest publicly traded Canadian bank headquartered in Western
Canada.

Verafin continues to experience rapid growth of its customer base as more and more financial
institutions strive to enhance their monitoring programs to detect anomalies by considering
patterns of behavior. Verafin’s FRAML solution is a natural choice for these institutions, as it
utilizes artificial intelligence and behavior pattern-based recognition to analyze transactions
across multiple payment channels. With a robust and user-intuitive case management feature,
Verafin lets compliance officers and fraud professionals act quickly on evidence-supported
suspicious activity alerts. With one innovative software platform professionals can detect,
investigate, document and neutralize suspicious activity—while meeting regulatory
requirements.

About Capitol Federal
Capitol Federal Savings Bank (www.capfed.com) provides a full range of retail banking services
through 35 traditional and 10 in-store banking offices serving primarily the metropolitan areas of
Topeka, Wichita, Lawrence, Manhattan, Emporia, and Salina, Kansas and portions of the
metropolitan area of greater Kansas City. The Bank emphasizes mortgage lending, primarily
originating and purchasing one- to four-family mortgage loans, and providing personal retail
financial services.

About Canadian Western Bank Group
Canadian Western Bank offers highly personalized service through 40 branch locations and is
the largest publicly traded Canadian bank headquartered in Western Canada. The Bank
specializes in mid-market commercial lending and offers a full complement of personal banking
services. The Bank, along with its operating affiliates, National Leasing Group Inc., Canadian
Western Trust Company, Valiant Trust Company, Canadian Direct Insurance Incorporated,
Adroit Investment Management Ltd. and Canadian Western Financial Ltd., collectively offer a
diversified range of financial services across Canada and are together known as Canadian
Western Bank Group. Refer to www.cwbankgroup.com for additional information.

About Verafin
Verafin is a North American leader in fraud detection and anti-money laundering solutions for
financial institutions, with over 800 customers that span 65 core processing systems and a broad
asset range. Verafin helps financial institutions comply with the Bank Secrecy Act, USA
PATRIOT Act, and FACTA regulations, while also helping to protect against fraud. Verafin is
the exclusive provider of fraud detection and BSA/AML software for the California Bankers
Association, Massachusetts Bankers Association, CUNA Strategic Services and 40 credit union
leagues and associations in the United States. For more information, visit www.verafin.com,
email us at FRAML@verafin.com or call 1-866-781-8433.

Press Contact:
Catherine Warren
Verafin, Inc.
(709) 752.3050 x3242
catherine.warren@verafin.com

© 2012 Verafin Inc. All rights reserved.

Killick Aerospace today announced that it has completed a comprehensive series of financings totalling $160 million. The transactions were comprised of:

- a new and enlarged senior banking facility led by the Bank of Nova Scotia’s asset lending group - Roynat Asset Finance with participation by Frost Bank (Capital Group) and PNC Bank, National Association.
- a subordinated loan from Killick Capital.
- a partnership investment by Alaris Royalty Corp. in Killick Capital.

Proceeds will be used to retire existing debt as well as fund continued growth at Prime Turbines, CT Aerospace and Kansas Aviation. The increased capital will also enable Killick Aerospace to complete selected acquisitions in order to compliment existing product and service offerings to our global customer base.

Proceeds will be used to retire existing debt as well as fund continued growth at Prime Turbines, CT Aerospace and Kansas Aviation. The increased capital will also enable Killick Aerospace to complete selected acquisitions in order to compliment existing product and service offerings to our global customer base.

About Killick Aerospace.

Headquartered in Dallas, TX, Killick Aerospace is comprised of:

Prime Turbines (www.prime-turbines.com) is an independent FAA authorized overhaul facility specializing in the Pratt & Whitney Canada PT6A engine series. With facilities in Dallas, TX, Hyannis, MA and Pittsburgh, PA, Prime offer full Pratt & Whitney Canada PT6A engine services to customers in regional airlines, agriculture, aircraft sales and leasing, corporate flight departments, cargo services, and FBOs.

CT Aerospace (www.ctaerospace.com) purchases, overhauls (via third-party FAA certified MRO facilities) and sells new and used aircraft engines as well as engine and aircraft parts to a wide variety of customers including MRO facilities, leasing companies, aircraft operators and other engine parts distributors and dealers throughout the world. Operating from a 55,000 sq ft customer support centre in Dallas, CT complements its service to the international aviation community with full time representatives in Ireland, Brussels, Singapore, China and San Francisco.

Kansas Aviation of Independence (www.kansasaviation.com) specializes in the overhaul and repair of oil/air/fuel related engine accessories on the PT6A, PT6T, PW100, PW300, JT15D, CJ610, CF700, Allison 250, CF34 and PW901 engines. Kansas provides the highest quality and world leading turn times to MRO facilities as well as aircraft operators.

Participating Financial Institutions:

Roynat Asset Fianace (www.roynat.ca/assetfinance)  a wholly owned subsidiary of The Bank of Nova Scotia provide fast-growing or leveraged mid-market companies with working capital and term loans that meet the unique characteristics of the industry and business. As an alternative to traditional operating lines of credit that rely on balance sheet strength, our lending structure is based on a percentage of receivables, inventory and appraised asset values. TSX: BNS
Cullen/Frost Bankers, Inc. (www.frostbank.com) is a financial holding company, headquartered in San Antonio, with $18.5 billion in assets at June 30, 2011 and more than 110 financial centers throughout Texas. One of 24 U.S. banks included in the KBW Bank Index, Frost provides a wide range of banking, investments and insurance services to businesses and individuals in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Rio Grande Valley and San Antonio regions. Founded in 1868, Frost has helped clients with their financial needs during three centuries. NYSE: CFR

The PNC Financial Services Group, Inc. (www.pnc.com) is one of the nation's largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. NYSE: PNC

Alaris Royalty Corp. (www.alarisroyalty.com) invests in a diversified group of private businesses ("Private Company Partners") in exchange for royalties or distributions from the Private Company Partners, with the principal objective of generating stable and predictable cash flows for dividend payments to its shareholders. TSX: AD
Killick Capital (www.killickcapital.com) a leading Atlantic Canadian Private Equity firm, dedicated to partnering with Atlantic Canadian businesses and Global Aerospace businesses.   Killick's focus is to identify and fund investments with the potential for substantial growth, long-term value creation and capital appreciation.  Killick is committed to providing access to capital and strategic insight, to build long-standing, successful companies.
Killick Aerospace was exclusively advised by MPA Morrison Park Advisors Inc. of Toronto Canada (www.morrisonpark.com)

For additional information please contact:

Russell Starr @ 972 406 2101
Mark Dobbin @ 709 738 5512

Killick Aerospace

Killick Aerospace is a world class leader in the global aircraft maintenance, repair and
overhaul (“MRO”) industry. Through its three wholly owned subsidiaries, (Prime Turbines;
www.primeturbines.com, CT Aerospace; www.ctaerospace.com, and Kansas Aviation;
www.kansasaviation.com) Killick Aerospace offers MRO services to owners of small aircraft
operating turboprop engines, as well as inventory management services to MRO shops
which service commercial aircraft jet engines. Based in Carrollton, Texas, USA, Killick
Aerospace has operations in Hyannis, MS; Pittsburgh, PA; Independence, Kansas; Europe;
and Singapore. Killick Aerospace and Killick GP are owned and controlled by the Dobbin
family of Newfoundland, who were previously behind the success of CHC Canadian
Helicopters. The Partnership is a Canadian partnership with all amounts for the contribution
and preferred distribution denominated in Canadian dollars.

"Killick Aerospace has systematically built a platform with the right products and people to
efficiently serve our global customer base. We are very pleased to have such a strong
partner with us as we take our company to the next level", said Russell Starr, CEO of Killick
Aerospace.

Transaction Details

Similar to its transactions with Alaris’ other partners, Alaris acquired preferred units in the
Partnership which entitle Alaris to receive an initial annual preferred distribution of
$4,300,000, payable monthly and in priority to holders of other units in the Partnership.
For the first twelve months following the closing of the Killick Transaction, Alaris’ distribution
will represent an expected 15.8% return on contributed cash. The preferred distribution will
be adjusted annually based on the Partnership’s change in gross revenues, subject to a
maximum annual increase or decrease of 4%.

“This new partnership not only replaces the majority of revenue sold in the LifeMark
Transaction, it also diversifies our revenue base in a stable, regulated industry and on a
global platform”, said Steve King, President and Chief Executive Officer, Alaris Royalty Corp.
“We are very excited at the prospect of partnering with an impressive management team
and for the opportunity to fund a world class company. Killick offers all of the criteria that
we look for in a new partner: steady historic earnings from a required service; low levels of
term debt and capital expenditures; a large buffer of free cash flow; and opportunities for
future growth.”

Mark Dobbin, of Killick GP added, "We are looking forward to a long-term productive
relationship with Alaris. Alaris’ unique business model and insightful people makes it the
ideal partner for Killick Aerospace as we continue to profitably grow our business. The
Alaris team took the time to understand our business and recognized the opportunities we
have to grow together."

For more information contact:

Curtis Krawetz
Manager Investor Relations and Investment Analyst
Alaris Royalty Corp.
403-221-7305
ckrawetz@alarisroyalty.com
www.alarisroyalty.com

About Alaris:
The Company invests in a diversified group of private businesses ("Private Company Partners") in exchange for royalties or distributions from the Private Company Partners, with the principal objective of generating stable and predictable cash flows for dividend payments to its shareholders. Royalties or distributions to Alaris from the Private Company Partners are structured as a percentage of a "top line" financial performance measure such as gross margin, same clinic sales, gross revenues and same-store sales and rank in priority to the owners’ common equity position.

• A 36% increase in its customer base from 2009, with nearly 650 financial institutions by year end;

• A continued customer retention rate of 99%;

• Further integrations with core banking systems, bringing the total to just under 60;

• New relationships with Connecticut Online Computing Center, Member Driven Technologies, Synergent and AML RightSource;

• Continued endorsements and recognition by banking associations including California Bankers and Massachusetts Bankers Association;

• Receiving GonzoBankers Big Mo’ (Momentum) Award for Ancillary Systems, an award based on innovative systems for financial institutions;

• Researching, developing and delivering new analytics, and improved case management functionality resulting in a major new release.

St. John’s, NL—January 12, 2011— Verafin, Inc., a leading provider of compliance, antimoney
laundering (AML) and fraud detection software, today announced it has surpassed 600
customers in North America. Through year end, 2010, Verafin had more than 630 bank and
credit union customers, marking the strongest quarter in the company’s history with a substantial
triple digit year-over-year customer growth.

“When you consider that we signed our 500th customer in May of 2010, this continuing growth
proves that financial institutions see the value in bringing together fraud and AML [FRAML]
processes,” said Jamie King, co-founder and CEO of Verafin. “As we rapidly deploy to more
banks and credit unions, with a single fraud and AML solution that drives higher customer
satisfaction and increased efficiency, the industry is recognizing how a combined solution lowers
the risk of financial and reputational loss.”

The Bank of Tampa, with $950 million in assets, is a full-service commercial bank
headquartered in Tampa, Florida. Verafin will enable the bank to combine its AML and fraud
detection efforts, which helps simplify BSA processes and reduce duplication investigations and
false positive alerts, resulting in better outcomes with less cost.

“Verafin was clearly a one-stop shop for a complete BSA/AML, fraud and risk solution,” said
John Deerin, Vice President BSA and Security Director of The Bank of Tampa. “We believe that
for years to come, Verafin will provide The Bank of Tampa with a complete BSA/AML solution.
Further, we believe Verafin has tremendous potential for fraud prevention in areas such as debit
card fraud, check fraud and other fraud risks.”

Prior to choosing Verafin, The Bank of Tampa was using AML software, but they were looking
for a more complete behavioral-based system that combined fraud and AML. Unlike traditional
rules-based systems, Verafin uses a behavior-based approach that relies on artificial intelligence
(AI) to search out unusual behaviors. This approach analyzes transactions and looks for patterns
of behavior that are unusual for the customer or are indicative of fraud or money laundering.

Verafin is an award winning, integrated and intelligent fraud detection and anti-money
laundering (AML) solution that combines the capability to detect and act upon various forms and
levels of fraud and money laundering, while providing complete visibility into customer activity
and ensuring comprehensive compliance reporting. Easy to use and implement, it is the only
solution in the financial services industry that combines the integration of the four most
important processes in preventing financial crime - fraud detection, anti money laundering,
regulatory agency reporting and core banking systems, with intelligent-based, behavioral
technology, used to detect financial crime, into a single platform.

About Verafin
Verafin is a leader in anti-money laundering and fraud detection solutions for financial
institutions, with nearly 650 customers that span over 60 core processing systems and a broad
asset range. Verafin helps financial institutions comply with the Bank Secrecy Act, USA
PATRIOT Act, and FACTA regulations, while also helping to protect against fraud. Verafin is
the exclusive provider of BSA/AML and fraud detection software for the California Bankers
Association, Massachusetts Bankers Association, CUNA Strategic Services and 40 credit union
leagues and associations in the United States. For more information, visit www.verafin.com,
email us at FRAML@verafin.com or call 1-866-781-8433.

Press Contact:
Vicki Barbour
Verafin, Inc.
(709) 752.3050 x3228
vicki.barbour@verafin.com
© 2011 Verafin Inc. All rights reserved.

 St. John’s, NL—July 19, 2010—Verafin, Inc. today announced the Massachusetts Bankers
Association (MBA) has endorsed its industry-leading compliance, anti-money laundering (AML)
and fraud detection software. The MBA represents more than 200 banks across Massachusetts,
with aggregated assets of $1.8 trillion.

Verafin has pioneered a behavior-based approach for fraud and AML (FRAML) detection. While
traditional products are based on a set of pre-defined rules designed to identify known
vulnerabilities, Verafin’s holistic approach combines transaction information with behavioral
information. Using advanced artificial intelligence (AI) to replicate human reasoning, Verafin
enables banks to catch suspicious activity that conventional approaches may miss.

“Financial institutions are dealing with increasingly complex schemes and more regulations than
ever before,” said Jamie King, president of Verafin. “Our integrated approach combines fraud
and AML, a process we call FRAML. It gives Verafin customers a complete view of their
transaction activity. This reduces duplicate investigations and false positive alerts, resulting in
better outcomes with less cost. We look forward to working with MBA members and bringing
this innovative solution to banks across Massachusetts.”

Under the endorsement, the MBA recognizes Verafin as the exclusive AML and anti-fraud
software solution recommended to its members. The MBA selected Verafin for its ability to
accurately detect fraudulent activity as well as its ability to streamline the fraud and money
laundering detection process, reducing the burden on internal IT resources.

“Verafin will help MBA member institutions effectively combat criminals and comply with
government regulations,” said Peter T. Blanchard, executive director, Education Management
and Member Services of the MBA. “Verafin’s unique approach will help our members increase
transparency within their institution and avoid regulatory issues. We are excited to share this
innovative solution with our members across Massachusetts.”

About the Massachusetts Bankers Association

The Massachusetts Bankers Association represents approximately 200 commercial, savings and
co-operative banks and savings and loan institutions in Massachusetts and elsewhere in New
England. For more information, visit www.massbankers.org or call 1 617 523 7595.
About Verafin

Verafin is a leader in anti-money laundering and fraud detection solutions for financial
institutions, with more than 500 customers that span numerous core processing systems and a
broad asset range. Verafin helps financial institutions comply with the Bank Secrecy Act, USA
PATRIOT Act, and FACTA regulations, while also helping to protect against fraud. Verafin is
the exclusive provider of BSA/AML and fraud detection software for the California Bankers
Association, CUNA Strategic Services and 40 credit union leagues and associations in the United
States. For more information, visit www.verafin.com or call 1 866 781 8433.

This equity placement will strengthen Plasco’s financial base, adding to $135 million in equity investments since 2005 from a group of investors including Black River Asset Management of Minneapolis, Minnesota, RAB Capital of London, United Kingdom, Hera Holdings of Barcelona, Spain, Killick Capital of St. John’s, NL, and Rose Corporation of Toronto, ON.

In addition to the private equity capital invested in Plasco, early support was provided by a $9.6 million grant from Sustainable Development Technology Canada, a $4 million loan from Ontario’s Ministry of Research and Innovation, and a $10 million loan from Export Development Canada. The current placement brings the total amount of capital invested in Plasco to approximately $270 million.

“The capital raised to date is a remarkable expression of confidence in the depth of the market, the competitive strength of the technology, and the abilities of Plasco management and staff,” said
Chairman and Chief Executive Officer Rod Bryden. “Plasco will now move confidently and prudently to bring the Plasco Conversion System to communities that are seeking excellence in environmental performance and an increased share of their energy produced from the waste of urban society that would otherwise not be utilized.”

Plasco is currently developing waste-conversion facilities in North America, Europe and China. The
company presently owns and operates a 100 ton-per-day capacity plant in Ottawa, Canada, and a joint venture between the company and Hera Holdings owns and operates a five ton-per-day research and development facility in Castellgali, Spain. The Central Waste Management Commission in Red Deer, Canada has signed a contract for a 300 ton-per-day Plasco facility to be completed in 2012.

Jeff Serota, Senior Partner at Ares Management, stated, “The conversion of municipal solid waste into electricity, clean water and clean aggregate allows the company to address two very important markets: managing waste as well as producing clean energy. With this major investment in the company, we believe Plasco is well positioned to benefit from a rapidly growing worldwide market for these two basic needs.”

About Plasco Energy Group Inc.

Plasco Energy Group Inc. builds, owns, and operates proprietary, world-leading technology that converts municipal solid waste into green power and other valuable products. Plasco has a long history of working with plasma technologies and represents the best green alternative to municipal waste management by providing a socially acceptable and environmentally superior solution. For more information, visit www.plascoenergygroup.com.

About Ares Management LLC

Ares Management is a global alternative asset manager and SEC registered investment adviser with
approximately $37 billion of committed capital under management and approximately 330 employees as of June 30, 2010. Ares has the ability to invest in all levels of a company’s capital structure – from senior debt to common equity. The firm’s investment activities are managed by dedicated teams in its Private Equity, Private Debt and Capital Markets investment platforms. Ares Management was built upon the fundamental principle that each platform benefits from being part of the greater whole. This multi-asset class synergy provides its professionals with insights into industry trends, access to significant deal flow and the ability to assess relative value.

The Ares Private Equity Group pursues majority or shared-control investments, principally in undercapitalized middle market companies. The group seeks strong business franchises and situations where its capital can serve as a catalyst for growth. Its senior partners average more than 20 years of experience investing in, controlling, advising, and restructuring leveraged companies. The firm is headquartered in Los Angeles with offices across the United States and Europe. For more information, visit www.aresmgmt.com.

For more information contact:
Plasco Energy Group
Louisa Fenner (613) 591-9438 ext. 1501

CECEP Plasco China will be based in China and jointly owned by the two companies. Plasco Energy will provide its world leading Plasco Conversion System technology to be delivered in China only through this Joint Venture. CECEP agrees that CECEP and its subsidiaries will use the Plasco Conversion System for all development in China of projects to recover energy from waste.

“We can make a big difference in cutting global warming causing gasses from landfill in the world’s
fastest growing economy with one of the largest populations on earth through this partnership.” said Plasco CEO Rod Bryden, “This technology, developed right here in Ottawa, can help communities all around the world to handle waste and contribute to our green energy future starting right now.”

China currently landfills more than 160 million tonnes of MSW per year with the amount growing due to the urbanization and rapid economic development of the country.

“The opportunity presented by this joint venture between CECEP and Plasco Energy Group is truly
exciting for both companies,” said Wang Xiaokang, President of CECEP. “Soon, not only Ottawa and
Beijing, but communities across all of China will handle their municipal waste in the most environmentally friendly way, producing clean, reliable energy and usable materials. Garbage will truly become a resource rather than a waste.”

China Energy Conservation and Environmental Protection Group, referred to as CECEP, established in 1988 in response to the second oil crisis. Since its establishment, CECEP has been working to promote energy saving and environmental protection technology and projects. It is responsible for the investment of RMB 23 billion yuan in national energy conservation capital construction projects, brings more than RMB 30 billion yuan local investment, promotes 13 major categories, and accomplished more than 3,000 major projects. 

CECEP is a state-owned enterprise, which is fully sponsored and owned by the central government. The corporation has 172 wholly owned and holding subsidiaries with over 30,000 employees. CECEP is the strongest, largest and most competitive industry group in the field of energy conservation and environmental protection in China.

For more information contact:
Plasco Energy Group
Andrea Foottit (613) 591-9438 ext. 1225
Manager, Marketing 

500th North American Financial Institution to Choose Verafin’s Behavior-Based Solution

St. John’s, NL—May 10, 2010—Verafin, Inc., a leading provider of compliance, anti-money laundering (AML) and fraud detection software, today announced that United American Bank has become its 500th client across North America. Verafin’s second-generation solution will help United American Bank detect suspicious activity and mitigate financial crime, while ensuring compliance with industry regulations, such as the Bank Secrecy Act (BSA). "With the growing complexity of money laundering schemes and an increased focus from government regulators, financial institutions need a better way to monitor fraudulent customer activity and meet compliance standards," said Jamie King, CEO, Verafin. "Even in a challenging economic climate, financial institutions like United American Bank continue to choose Verafin, illustrating the solution’s value in improving efficiency and reducing fraud losses. We achieved record revenues in 2009—doubling that of 2008—and are continuing on a strong growth trajectory. Marking our 500th client is only the beginning."

United American Bank, with $430 million in assets, is a full-service commercial bank headquartered in San Mateo, Calif. Verafin will enable the bank to combine its AML and fraud detection efforts, which helps simplify BSA processes and reduce duplication investigations and false positive alerts, resulting in better outcomes with less cost. "As we continue to grow, we need a comprehensive system to detect potential incidents of fraud and money laundering," said Joe Simoni, vice president, BSA officer, United American Bank. "We had been looking at automated systems since 2006 but couldn’t find the right fit. Verafin piqued our interest when we learned that it had been endorsed by the California Bankers Association. Its unique technology, as well as outstanding service and support sealed the deal." Unlike traditional rules-based systems, Verafin uses a behavior-based approach that relies on artificial intelligence (AI) to search out unusual behaviors. This approach analyzes transactions and looks for patterns of behavior that are unusual for the customer or are indicative of money laundering. This analysis creates a risk score for each customer and when the risk exceeds a certain level, an alert is generated. The system provides all the relevant transactions for the customer as well as the specific pieces of evidence that lead to the alert.

Verafin not only helps institutions catch more suspicious activity, it changes the way compliance officers think about their daily processes. Now, just one person is needed to oversee alerts and determine if they should be handled by the compliance officer or a fraud investigator. "Verafin’s second-generation solution is clearly a cut above the offerings from other automated software companies," continued Simoni. "It’s like having another person working with you. Verafin will free up time for me to concentrate on other tasks and take on more projects that I didn’t have time for before." About Verafin

Verafin is a leader in anti-money laundering and fraud detection solutions, with 500 financial institution customers that span numerous core processing systems and a broad asset range. Verafin helps financial institutions comply with the Bank Secrecy Act, USA PATRIOT Act, and FACTA regulations, while also helping to protect against bank fraud. Verafin is the exclusive provider of BSA/AML and fraud detection software for CUNA Strategic Services and 40 credit union leagues and associations in the United States. For more information, visit www.verafin.com or call 1.866.781.8433.

“Our Government is delivering results by investing in projects that generate and increase the supply of clean energy, while creating high-quality jobs for Canadians,” said the Honourable Lisa Raitt, Minister of Natural Resources. “Plasco Energy is an excellent example of companies that promotes sustainable energy for Ontario’s future, while fostering a healthy, cleaner and more prosperous Canada.”

“The Plasco Project demonstrated that the plasma gasification process is a viable choice for the treatment of municipal solid waste.  SDTC is proud to have helped Plasco move its promising technology to commercialization,” said SDTC President and CEO Vicky J. Sharpe. “Funding during the critical development and demonstration phases helps to de-risk clean technologies like Plasco’s so they can attract downstream investors and ultimately get to the market, where Canadians can enjoy their environmental and economic benefits.”

SDTC contributed $9.5 million to the four-year project to support the development and demonstration of Plasco’s technology. The project demonstrated a Plasma Gasification process that converts 75 tonnes a day of municipal solid waste into synthetic gas, inert solid material and heat. The gas is utilized in a power plant to produce electricity for sale into the electricity grid. 

“The Plasco Conversion System demonstrated in Ottawa is the result of more than 25 years of focused research and development by Resorption Canada Limited and RCL Plasma Inc., the predecessor companies from which Plasco was formed in April 2005.  Support from experts of Canada’s National Research Council and from Hera Holdings S.A, a respected Spanish waste management firm, also played an important role in bringing the technology to the stage where a commercial-scale Plasco Conversion facility could be successfully established,” said Rod Bryden, President and CEO of Plasco.

“SDTC’s commitment mid-2005 was the catalyst for more than $120 million of equity capital from private investors. The due diligence done by SDTC and its financial contribution were important factors in the decisions of investors to support this technology. I believe that the result will be a great benefit to Canada and excellent returns for the investors who followed the lead of SDTC,” he said.

Plasco plans to build on what was achieved during the course of the SDTC-funded project as it continues to move its technology closer to commercialization. To date, the City of Ottawa has signed a letter of intent to bring a 400 tonne per day Plasco facility to the community and the Central Waste Management Commission in Red Deer, Alberta has signed a contract for a 200 tonne per day Plasco facility. Several other municipalities in Canada and around the world have shown interest in Plasco’s technology.

About SDTC
Sustainable Development Technology Canada (SDTC) is an arm’s-length foundation created by the Government of Canada which has received $1.05 billion as part of the Government’s commitment to create a healthy environment and a high quality of life for all Canadians. 

SDTC operates two funds aimed at the development and demonstration of innovative technological solutions.  The $550 million SD Tech Fund™ supports projects that address climate change, air quality, clean water, and clean soil.  The $500 million NextGen Biofuels Fund™ supports the establishment of first-of-kind large demonstration-scale facilities for the production of next-generation renewable fuels.

SDTC operates as a not-for-profit corporation and has been working with the public and private sector including industry, academia, non-governmental organizations (NGOs), the financial community and all levels of government to achieve this mandate.

About Plasco Energy Group

Plasco Energy Group is a waste conversion and energy generation company committed to providing a zero risk, zero cost solution to municipal waste management issues.   With over thirty years of research, development, and experience with plasma technologies, Plasco holds proprietary, world-leading technology to convert waste into green power and other valuable products.

Plasco is the green alternative to municipal waste management, providing a socially acceptable and environmentally superior solution.  With an operating commercial scale demonstration plant in Ottawa, Ontario, our technology is proven, innovative, and market ready.

For more information, please contact:

Patrice Breton
Director, Communications
SDTC
(613) 234-6313 x295
media@sdtc.ca

Sharilyn Cyr
Plasco
(613) 287-3124
scyr@plascoenergygroup.com

Jocelyne Turner
Press Secretary
Office of the Minister
Natural Resources Canada
Ottawa
(613) 996-2007

"This equity investment by RBC Venture Partners is a validation of Verafin’s business strategy and our ability to provide a comprehensive risk management and compliance tool for financial institutions," said Jamie King, president of Verafin. "The advanced capability of our AML and compliance solution has been widely recognized by credit unions and banks in Canada and the U.S. This investment will support Verafin as we continue to extend our offering to a wider range of institutions including the larger bank market."

Verafin’s software helps hundreds of financial institutions across North America detect suspicious activity and mitigate financial crime, while also ensuring compliance with industry regulations. Its AML and fraud detection solution addresses customer and institutional risk scoring, suspicious activity detection, watch listing scanning, case management, and automated compliance reporting.

As part of this new investment, Robert Antoniades, Managing Director and David Unsworth, Director of RBC Venture Partners, will be joining Verafin’s board of directors. "We’re excited by the potential of Verafin’s technology and its potential for growth and expansion in the U.S.," Antoniades said. "Through our investment, Verafin should be able to further develop its product offering, and advance the company’s sales and marketing activities."

Current investor Killick Capital, a leading Atlantic Canadian Private Equity firm, and founding Verafin investor Jamfin Inc. also participated in the $5.5 million round of funding.

Based in St. John’s, Newfoundland and Labrador, Verafin was recently recognized as a Canadian Innovation Leader by the Government of Canada and has also been named one of Atlantic Canada’s fastest growing companies by Progress Magazine.

Unlike most other providers, which use complicated rules-based systems, Verafin uses a next generation behavior-based AML system. This has allowed Verafin to provide customers with a more effective, user-friendly solution to support fraud detection requirements. This approach to AML and fraud detection also allows Verafin to continuously evolve its solution, keeping pace with the increasingly sophisticated techniques used in financial crime.

About Verafin

Verafin is a leader in anti-money laundering and fraud detection solutions, with over 400 financial institution customers. In addition to protecting against money laundering and fraud, Verafin helps financial institutions comply with industry regulations. Verafin’s partnerships include more than forty industry endorsements by national and state associations. For more information, go to www.verafin.com or call 1.877.368.9986.

About RBC Venture Partners

Established in 1997 and headquartered in Toronto, RBC Venture Partners is the venture capital investment arm of RBC (RY on the TSX and NYSE) with over C$250 million under management. RBC Venture Partners invests directly in early and growth stage software, technology and services companies targeting the financial services industry. For more information visit www.rbc.com/vp.

For More Information:

Karyn Murphy
Public Relations Specialist
Verafin Inc.
1-877-368-9986, 1-709-690-5956
Karyn.Murphy@verafin.com

Results of testing conducted by Dr. Vanderhyden's group showed that GAP-107B8 as a single agent was a potent inhibitor of ovarian cancer cell proliferation. Over the 48-hour test period, a statistically significant reduction in cell proliferation was observed in eight (8) of the nine (9) ovarian cancer cell lines tested, including in two (2) cell lines resistant to the standard of care chemotherapy. GAP-107B8 (25 (micro)m) inhibited cell proliferation by 30% to 79% compared with untreated cells, with a greater than 50% inhibition in proliferation being observed in four (4) of the eight (8) cell lines. One (1) of the resistant cell lines, when treated with GAP-107B8 alone, showed the highest reduction in proliferation of all the cell lines tested (79% relative to the untreated control group, and 78% relative to a control group treated with the chemotherapeutic agent alone). "We are very pleased that the data clearly show an impact of this peptide on some of our most aggressive ovarian cancer cell lines" stated Dr. Vanderhyden.

Figures from the U.S. National Cancer Institute ("NCI") indicate that in 2009 ovarian cancer was anticipated to afflict almost 22,000 women and that 14,600 would succumb to the disease (www.cancer.gov). Despite advances in radiation therapy and chemotherapy, the 5-year survival rate for advanced stages of ovarian cancer is less than 30 percent, primarily due to the difficulty of early detection for this type of cancer and the common recurrence of chemoresistant disease.

Robert McInnis, President and Chief Executive Officer of PharmaGap stated, "We are delighted that Dr. Vanderhyden's laboratory at OHRI has reported compelling results for GAP-107B8. Independent validation of the potency of our novel drug compound by a world-class research facility is an important step in our program to develop this novel anti-cancer agent. As a result of these positive results we look forward to continue working with the OHRI in the GAP-107B8 testing program with additional in vitro studies and in animal models of ovarian cancer developed by Dr. Vanderhyden's group."

Dr. Vanderhyden is a Senior Scientist, Cancer Therapeutics at the Ottawa Hospital Research Institute and a Professor in the Departments of Cellular & Molecular Medicine and Obstetrics & Gynecology at the University of Ottawa. She holds the Corinne Boyer Chair in Ovarian Cancer Research. She has published over 60 peer-reviewed journal papers primarily in the area of ovarian cancer and collaborates extensively with many pharmaceutical and biotechnology companies focused on the development of therapies for ovarian cancer.

About the Ottawa Hospital Research Institute

The Ottawa Hospital Research Institute (OHRI) is the research arm of The Ottawa Hospital and is an affiliated institute of the University of Ottawa, closely associated with the University's Faculties of Medicine and Health Sciences. The OHRI includes more than 1,300 scientists, clinical investigators, graduate students, postdoctoral fellows and staff conducting research to improve the understanding, prevention, diagnosis and treatment of human disease. www.ohri.ca

About PharmaGap Inc.

PharmaGap Inc. (TSX-V: GAP - News), based in Ottawa, ON, is a biotechnology company with a core focus on developing novel peptide therapeutics for the treatment of cancer. PharmaGap's GAP-107B8 is a novel peptide drug designed to inhibit the activity of protein kinase C ("PKC"), a cell signalling enzyme implicated in certain types and stages of cancer. Independent peer-reviewed research has demonstrated that the overexpression of PKC plays a role in the development of ovarian cancer. During 2009 the Company embarked on a program of independent validation of its drug compounds, resulting in testing at OHRI, the National Cancer Institute (results pending) and other independent laboratories. For more information on PharmaGap please visit the Company's website at www.pharmagap.com.

Note: The TSX-Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. No Securities Commission or other regulatory authority having jurisdiction over PharmaGap has approved or disapproved of the information contained herein. This release contains forward looking statements that may not occur or may change materially.

For further information relating to this Release, please contact: Robert McInnis, President & CEO, (613) 990-9551, bmcinnis@pharmagap.com

Verafin’s BSA/AML compliance and fraud detection software will help OnPoint Community Credit Union, which has 15 branches and $2.8 billion in assets, detect suspicious activity and mitigate financial crime, while also ensuring compliance with the Bank Secrecy Act, USA Patriot Act and FACTA Red Flag regulations.

“Verafin was the right choice for OnPoint on many levels when it came to automating our AML and BSA program,” said Rob Stuart, president and CEO of OnPoint Community Credit Union. “It provides the complete package for AML and fraud detection and integrates easily with our core processing system. During our evaluation of BSA/AML solutions, we were also really impressed with the satisfaction levels among existing Verafin customers and the sheer sophistication of the product itself.”

Unlike most providers which use complicated rules-based systems, Verafin uses a next generation behavior-based AML system. Its advanced artificial intelligence replicates human reasoning, which creates member profiles and performs transaction monitoring to detect suspicious and fraudulent activity.

“Verafin truly is the next generation in AML and fraud detection and provides credit unions with the right tool to meet rigid regulatory requirements and help detect fraud,” said Wes Millar, senior vice president of CUNA Strategic Services. “Reaching the 200 milestone is not only a testament to the industry-wide appeal of Verafin’s advanced solution, but is also a reflection of the solid reputation Verafin has in this industry.”

“Financial institutions are playing an increasing role in the fight against money laundering and terrorist financing, and with this comes increased regulatory and compliance demands,” said Jamie King, president and cofounder of Verafin. “Our behavior-based system is unmatched in the industry, and its advanced ability to detect suspicious and fraudulent activity is being widely recognized by credit unions and banks across North America. OnPoint Community Credit Union marks our 200th credit union customer in the U.S. and we are very pleased to have them on board.”
In total, over 400 credit unions and banks in North America have implemented Verafin for BSA compliance, FACTA Red Flags and fraud detection. Verafin is the exclusive provider of BSA/AML and fraud detection software for CUNA Strategic Services and 43 credit union leagues in the United States.

About Verafin
Verafin is a leader in anti-money laundering and fraud detection solutions, with over 400 financial institution customers that span numerous core processing systems and a broad asset range. Verafin helps financial institutions comply with the Bank Secrecy Act, the USA PATRIOT Act, and FACTA Red Flag regulations, while also helping to protect them against bank fraud. For more information, go to www.verafin.com or call 1.877.368.9986.

About CUNA Strategic Services
CUNA Strategic Services, owned jointly by the Credit Union National Association (CUNA) and the state leagues, provides credit unions with access to high quality products, services, and technologies delivered with a competitive advantage made possible through volume pricing and strategic program development. CUNA serves more than 90 percent of America’s 7,800 credit unions, which are owned by more than 89 million consumer members. Credit unions are not for profit cooperatives providing affordable financial services to people from all walks of life. For more information, visit strategicservices.cuna.org.

For More Information:

Karyn Murphy
Public Relations Specialist
Verafin Inc.
1-877-368-9986, 1-709-690-5956
Karyn.Murphy@verafin.com

Kelly Schrader
Senior Vice President/Marketing & Member Services
OnPoint Community Credit Union
1-503-273-2230
Kelly.Schrader@onpointcu.com

Tom Lybeck
Alliance Manager
CUNA Strategic Services
1-608-231-4109
Tlybeck@cuna.coop

On January 20, 2009, Killick purchased 2,900,000 common shares of Vector at a price of $3.90 per share through the facilities of the Toronto Stock Exchange.  Together with the 1,441,300 common shares of Vector already held by Killick, Killick owns or exercises control or direction over 4,341,300 common shares, which represent approximately 11.52% of the issued and outstanding common shares of Vector, based on the public records of Vector.

The shares were acquired for investment purposes.  Killick does not have any current intention of acquiring ownership of or control or direction over any additional common shares of Vector.  Killick may in the future acquire additional shares of Vector in the market, pursuant to private transactions or otherwise, sell all or some portion of the shares of Vector it owns or enter into derivative or other transactions with respect to its shares of Vector.

The City will continue to operate source separation blue box (plastic, metal and glass), black box (paper and paperboard) and yard waste composting programs introduced many years ago, and is currently introducing source separation of organics for anaerobic digestion. The Plasco Conversion Facility will convert substantially all residual household waste to valuable products including synthetic fuel gas for operation of internal combustion engines. Generators driven by the engines and by waste heat from the conversion process and the engines will produce approximately 21 MW of net saleable base-load power for delivery to Hydro Ottawa.

Upon approval, the facility will be funded, built, owned and operated by PlascoEnergy and will be capable of processing 400 tonnes per day (150,000 tonnes per year) of garbage. Garbage will be delivered from local collection trucks to the facility. PlascoEnergy will separate large metal objects prior to feeding the garbage into the conversion system and will send them back to the City for recycling. The City will pay a tipping fee of $60 per tonne of waste processed, escalated to reflect CPI over a 20-year contract. All risks of operation and efficiency of power generation are assumed by PlascoEnergy. The City will receive 25% of annual revenues that exceed an amount mutually agreed to by PlascoEnergy and the City.

The facility will occupy a six-acre site near an existing city owned and operated landfill. The City’s leftover garbage will be converted into synthetic engine fuel, agricultural sulphur, industrial salt and construction aggregate with no emissions to the air, land or water. In addition, the excess moisture in the waste will be recovered through the process as clean water.

The engines will drive electrical generators to produce reliable base-load power. Emissions from the engines will be monitored by continuous emissions monitoring and by periodic source testing. The results of both continuous and source testing will be reported on the ZeroWasteOttawa.com website and will be reviewed by independent experts approved by the Ministry of the Environment (“MOE”). An independent Public Advisory Committee will review and make public comments as it sees fit on the environmental performance of the facility and MOE will assure that the facility continuously meets its environmental requirements under the Ministry’s Certificate of Approval.

The move by City Council comes three years after the Council approved development by
PlascoEnergy of a plant to demonstrate the Plasco Conversion System on a City owned site on the capped Nepean Landfill on Trail Road. The demonstration facility received funding support by Sustainable Development Technology Canada, and from the Ontario Ministry of Research and Innovation. Ottawa provided the demonstration site and has provided garbage for processing at the demonstration plant. The Plasco Trail Road demonstration plant began commissioning in July last year.

“Provided this system meets all the environmental requirements, the City of Ottawa will be supportive,” said Ottawa Mayor Larry O’Brien. “I have always said cities have too much waste and not enough energy and exploring technologies like PlascoEnergy is a positive step forward for our City.”

All necessary permits including Certificates of Approval by the Ontario MOE must be received before commencement of operations. Certificates of Approval will be based on exhaustive operating data from the existing Trail Road Demonstration Facility. The entire process of approvals and construction is expected to take approximately two years.

To see a fact sheet and for more information please visit www.plascoenergygroup.com

About Plasco Energy Group Inc.
Plasco Energy Group Inc. (PlascoEnergy) is an Ottawa-based private Canadian company. PlascoEnergy and its predecessor RCL Plasma, Inc. have operated plasma based R&D and test facilities in Ottawa and Spain for more than a decade. The Plasco Trail Road facility is a full scale semi-commercial demonstration plant using PlascoEnergy proprietary technologies. This project has been supported by a contribution from Sustainable Development Technology Canada, a not-for-profit corporation created by the Government of Canada It has also been supported by a loan from the Ontario Ministry of Research and Innovation under its Innovation Demonstration Fund, and the provision at nominal cost of the site and supply of waste during the demonstration period by the City of Ottawa.