DD Fanatics

[Rich]

DecisionPoint Systems, Inc.(DNPI) takes another step closer to NASDAQ....

Wednesday 2 March 2011

Comamtech Inc. ("Comamtech") (PINK SHEETS: COMT) is pleased to announce that its shareholders have approved a reverse takeover transaction with DecisionPoint Systems, Inc. ("DecisionPoint") (OTCBB: DNPI), pursuant to a plan of arrangement (the "Plan of Arrangement"). On October 20, 2010, Comamtech and DecisionPoint jointly announced that they had entered into an arrangement agreement with 2259736 Ontario Inc. ("MergerCo"), a newly incorporated wholly-owned subsidiary of Comamtech, with respect to an arrangement pursuant to which Comamtech (through MergerCo) will acquire all the issued and outstanding shares of DecisionPoint in a reverse take-over (the "Arrangement"). Comamtech and MergerCo will subsequently be continued under the General Corporation Law of the State of Delaware (the "Continuance").

A special meeting of shareholders was held today (the "Special Meeting"), whereby a special resolution approving the Plan of Arrangement and a special resolution approving the Continuance were each approved by 99% of the votes cast by shareholders of Comamtech represented in person or by proxy at the Special Meeting. Comamtech's board of directors had previously unanimously recommended that holders of Comamtech common shares vote in favour of the Plan of Arrangement and the Continuance.

The Arrangement will be completed by way of a statutory plan of arrangement under section 182 of the Business Corporations Act (Ontario) and requires the approval of the Ontario Superior Court of Justice (Commercial List). The hearing in respect of the final order (the "Final Order") to approve the Arrangement is currently anticipated to be held on March 8, 2011. If the Final Order is obtained on March 8, 2011, and all other conditions to completion of the Arrangement and Continuance are satisfied or waived, it is anticipated that the Arrangement and Continuance will be completed on or about March 31, 2011.