Nightingale Informatix Corp. : Nightingale Announces Redemption and Re-issuance of Convertible Debentures

January 13, 2012

Markham, ON, January 13, 2012 - Nightingale Informatix Corporation www.nightingalemd.com (TSX-V:  NGH) "Nightingale" or "Company", an application service provider (ASP) of  electronic medical record (EMR) software and related services, today announced the redemption of 133 of its existing 12% convertible unsecured subordinated debentures at a price of $133,000 and the issuance, on a non-brokered private placement basis, of 125 12% convertible unsecured subordinated debentures (the "Debentures") under the same terms, as a replacement, for total gross proceeds of $125,000.  

The 125 Debentures bear 12% interest calculated and payable in cash monthly, and are scheduled to mature on January 15, 2016. The Company has the right to redeem the Debentures, in whole or in part, at a price equal to their principal amount plus accrued and unpaid interest. The Debentures are convertible at the holder's option into fully-paid common shares at any time prior to maturity or redemption at a conversion price of $0.35 per share.

About Nightingale Informatix Corporation (www.nightingalemd.com)

Nightingale is one of the fastest growing health care service and software companies in North America and is recognized as an industry leader in Web-based clinician and community based electronic medical records (EMR) serving the needs of small primary care practices, multi-physician outpatient clinics, and large scale regional health organizations and networks. Coupled with integrated practice management, transcription and revenue cycle management, Nightingale's comprehensive service offering allows customers to enhance patient care, increase revenue opportunities and optimize operations. Nightingale is continuously innovating and enhancing its services to meet the needs of its growing and diverse customer base. Nightingale - Health care connected. www.nightingalemd.com

Investor Inquiries

Michael Ford

CFO, Nightingale Informatix Corporation

Tel: [phone]

[e-mail]

Kristen Dickson, M.Sc.

TMX Equicom

Tel: [phone] ext. 273

[e-mail] 

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