Open EC Technologies, Inc. Closes A CDN$504,200 Non-Brokered Private Placement

Open EC Technologies, Inc. ("Open EC" or the "Company") (TSX VENTURE:OCE) has
received conditional acceptance from the TSX Venture Exchange and has now
closed, subject to TSX-V final acceptance, a non-brokered private placement for
6,302,500 units priced at $0.08 each for a gross proceeds of $504,200. Each unit
consists of one (1) common share of the Company and one half (1/2) share
purchase warrant. Each full warrant will entitle the holder to acquire one (1)
full common share of the Company at a price of $0.12 per share for a period of
one year from the date of issue. The hold period of the issued securities is 4
months from the date of issue. 


The finder's fee in connection with this private placement is $17,280 to
non-brokers. The broker commission is 8% or $14,416 cash and 8% or 220,200
broker warrants. Each broker warrant entitles the holder to acquire a common
share of the Company at a price of $0.08 per share for a period of one year from
the date of issue. They have a hold period of 4 months from the date of issue.


About Open EC Technologies, Inc. 

Open EC is a TSX Venture Exchange listed company. Its subsidiary, SoftCare EC
Solutions Inc. is an e-business software, services and solution provider.
SoftCare's OpenEC(R) TradeLink e-business software includes solutions for
Electronic Data Interchange (EDI), Healthcare Interoperability and Business
Process Management. The Company sells the OpenEC(R) products and solutions to
the healthcare, financial services and retail supply chain in North America. The
company has a growing focus on turnkey solutions for US Healthcare Information
Technology Reforms funded by the US Federal Government ARRA programs for
Healthcare IT Interoperable mandates. Additional product and solution
information is available on the web at www.SoftCareHealthcare.com,
www.iPlexus.net and www.softcare.com and additional public company information
is available on the web at www.openec.com. The Company's common shares trade on
the TSX Venture Exchange under the symbol: OCE.


ON BEHALF OF THE BOARD

Martyn A. Armstrong

President and CEO

Further information about the Company can be found on SEDAR (www.sedar.com) or
by contacting Mr. Martyn A. Armstrong, President & CEO of the Company. 


This news release may contain forward-looking statements within the meaning of
The Private Securities Litigation Reform Act of 1995. Forward-looking statements
address future events and conditions and therefore, involve inherent risks and
uncertainties. Actual results may differ materially from those currently
anticipated in such statements.

Open EC Technologies (TSXV:OCE)
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