For Immediate Release.
Not for distribution in the United States or to United States based newswire services.
April 26, 2005

CRITICALCONTROL ANNOUNCES $4 MILLION BOUGHT DEAL FINANCING

CriticalControl Solutions Corp., ("CriticalControl" or the "Company") (TSX Venture:  CCZ) is pleased to announce that it has executed an agreement with a syndicate of underwriters (the “Underwriters”) whereby the Underwriters will purchase as principal, on a bought deal, underwritten basis 16,000,0000 units (“Units”) of CriticalControl at a price of $0.25 per Unit (the “Issue Price”).  Each Unit will include one common share of CriticalControl and one half of one share purchase warrant.  Each full share purchase warrant shall be exercisable into one common share of CriticalControl for a period of twenty-four months from closing, at an exercise price of $0.33.  The common shares and share purchase warrants shall be subject to a hold period of four months from the date of closing.

The transaction is expected to close on or about May 17, 2005, subject to regulatory approval.  The Underwriters have been granted an over-allotment option exercisable any time prior to closing for an additional 12,000,000 Units at the Issue Price.  The syndicate of underwriters is lead by Canaccord Capital Corporation and includes Dlouhy Merchant Group Inc.  The Underwriters shall be paid a fee equal to 7% of the gross proceeds of the transaction in cash, a corporate finance fee equal to 150,000 Units and underwriter’s warrants equal to 7% of Units issued.  Each underwriter’s warrant shall be exercisable into common shares of CriticalControl at $0.25 for a period of twenty four months from closing, subject to regulatory approval.

The proceeds of this offering will be used to execute the Company’s aggressive growth strategy.

About CriticalControl:

CriticalControl is a technology company that builds, implements and manages critical business process solutions.  Our proprietary products are data management tools to operate the critical business operations of our government and energy sector clients.  In addition to our proprietary products, we implement large scale document and records management solutions using our strong domain expertise and in depth knowledge of our customer base.  Where critical processes require unconditional continuity, our clients look to us to manage and perform certain operational functions on a short term or long term, outsourced basis.  For more information, please visit www.criticalcontrol.com.

For further information, please contact:   

Mr. George Watson
Chief Executive Officer    

or

Mr. Alykhan Mamdani
President

(403) 705-7500    

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