Alentus Corporation Revenues Increase 68%

Revenue for the quarter-end March 31, 2009 increased substantially over the prior year same-quarter, increasing by 68% from $972,333 in 1Q2008*. Compared to the prior sequential quarter Alentus also achieved a solid improvement in net income, from $(303,995) in 4Q2008 to $(257,150) current period and normalized EBITDA** (Earnings Before Interest, Tax, Depreciation, and Amortization) from $143,866 in 4Q2008 to $182,503 current period.

FIRST QUARTER 2009 RESULTS
                          Quarter ended
                          March 31, 2009
Revenues                  $       1,636,225
Cost of Revenues          $       491,899
Gross Profit              $       1,144,326
Total Operating Expenses  $       1,160,820
Net Income                $       (257,150)
Normalized EBITDA**       $       182,503

* The latest quarter also included new acquisitions.

**Normalized EBITDA for the first quarter includes an adjustment of $23,333 to reflect non-cash stock compensation, $175,663 for depreciation and $240,657 interest payments primarily associated with acquisition debt.

The unaudited report can be read in its entirety at http://www.pinksheets.com/pink/quote/quote.jsp?symbol=ALNS

"We are pleased with the improvement in our net income and EBITDA made possible by our strategy to consolidate acquired businesses and reduce operational expenses through economy of scale and incorporating best practices. We acquired several businesses in 2008 and have made considerable progress in those optimization efforts," said William King, CEO. "Management continues to work diligently with both existing and new lenders to reduce and restructure the debt used to make our initial acquisitions. We feel confident that these discussions will be fruitful and that we will succeed in reducing our debt service which would greatly improve our bottom line."

Mr. King added, "As previously announced, Alentus recently completed an additional acquisition and we are optimistic that we will be able to grow that business as well and it should add to the overall results as the year progresses."

About Alentus Corporation

Alentus Corporation is based in Aliso Viejo, California, with Data Center and Network Operations Center facilities in Edmonton, Alberta, Canada, Columbus and Austin in the United States and in London, United Kingdom. The company provides Microsoft Windows asp.net hosting, RedHat Linux website hosting, share point hosting, SQL and mySQL database hosting, Microsoft Exchange Hosting, Virtual Private Servers (VPS), and dedicated server solutions to thousands of small- to medium-sized companies and customized solutions to larger organizations including many Fortune 500 clients. Alentus is a Microsoft Gold Certified Partner, RedHat Ready Hosting Partner, and MySQL Enterprise Ready Partner.

Forward-looking statements:

The statements made in this press release, which are not historical facts, may contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.

SOURCE: Alentus Corporation

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