CRITICALCONTROL SOLUTIONS (TSX-V: CCZ)
NEWS RELEASE
For Immediate Release: Friday, August 27, 2004
Calgary, Alberta

CRITICALCONTROL INCREASES REVENUE BY 51% FOR PERIOD ENDING JUNE 30, 2004

CriticalControl Solutions Corp., (“CriticalControl” or the “Company”) (TSX Venture: CCZ) has filed its financial statements for the six months ended June 30, 2004. Revenue for the period was $6,334,784 ($4,191,706 for the six months ended June 30, 2003) resulting in a Net Loss of $435,847 ($467,009 for the six months ended June 30, 2003). The Net Loss for the six months ended June 30, 2004 includes amortization charges of $621,076 ($556,895 for the six months ended June 30, 2003).

Revenue for the three months ended June 30, 2004 was $3,029,437 ($1,957,848 for the three months ended June 30, 2003) resulting in a Net Loss of $518,163 ($293,064 for the three months ended June 30, 2003). The Net Loss for the quarter includes amortization charges of $323,001 ($270,629 for the three months ended June 30, 2003).

"In June 2003, CriticalControl commenced the second phase of its long term strategy with an aggressive one year plan to rapidly grow while leveraging the Company's core competencies. The objective of CriticalControl's planned acquisitions was to rationalize overhead and start to realize on operational efficiencies. Preliminary success is evident in the 51% increase in revenue, and more significantly, in the 85% increase in earnings before interest, taxes, depreciation and amortization ("EBITDA") for the six months ending June 30, 2004 as compared to the six months ending June 30, 2003. Operationally, our second quarter contributed strongly to our backlog for the remainder of the year, and we are therefore on target to meeting our stated objective of attaining EBITDA of $1,000,000 for the year ended December 31, 2004." said George Watson, CEO of CriticalControl.

About CriticalControl

CriticalControl provides organizations better control over their mission critical information. We build, operate and support applications which gather, manage and disseminate information primarily in government and the energy sector. Our imaging service bureau and outsourcing offering is the front end document gathering and control service for numerous government departments. We provide high end content and information management expertise to our government and energy sector clients to manage and securely share their critical information. Using our core area of expertise, we have assembled industry leading information control applications for the energy sector. These applications include ezy-Ops, a leading materials management application for the upstream oil and gas sector and PipeWorks, an industry leading application for the operation of pipelines around the world. For more information, please visit www.criticalcontrol.com.

For further information, please contact:

Mr. George Watson
Chief Executive Officer
Tel: (403) 705-7500
Fax: (403) 705-7555
E-mail: george.watson@criticalcontrol.com

or

Mr. Alykhan Mamdani
President
Tel: (403) 705-7500
Fax: (403) 705-7555
E-mail: alykhan@criticalcontrol.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.