Momentum Shareholders Approve Going-Private Transaction

MARKHAM, ONTARIO, Apr 29 (MARKET WIRE) --
Momentum Advanced Solutions Inc. (TSX: WWW), ("Momentum" or the
"Company"), announced today that Momentum's shareholders have approved by
special resolution, the previously announced arrangement whereby
companies controlled by Sheldon Pollack and Phillip De Leon, the Chief
Executive Officer and President, respectively, of Momentum, will acquire
all of the common shares of Momentum not owned by them (the
"Arrangement"). The Arrangement was approved by 99.1% of the votes cast
by shareholders at the meeting, including 98.1% of the votes cast for
purposes of the majority of the minority approval requirements of
applicable securities laws. The Arrangement is expected to be effective
on April 30, 2009 and will include the purchase of the Class B shares
provided for under the Arrangement and remains subject to final approval
of the court.

As soon as practicable following completion of the Arrangement, it is
expected that all common shares of Momentum will be de-listed from the
Toronto Stock Exchange. Additionally, Momentum intends to make an
application to the Canadian securities regulatory authorities for an
order that Momentum will no longer be a reporting issuer (or equivalent)
under applicable Canadian securities laws.

Forward Looking Statement

This press release contains forward-looking information. All
forward-looking information is based on management's best estimates and
the current operating environment. Forward-looking information typically
contains words such as "anticipate", "believe", "should", "may",
"expect", "intend", "plan" or similar words suggesting future outcomes.
These statements are based upon certain material factors or assumptions
that were applied in drawing a conclusion or making a forecast or
projection as reflected in the forward-looking information, including
Momentum's perception of historical trends, current conditions and
expected future developments as well as other factors management believes
are appropriate in the circumstances.

Such forward-looking information is as of the date hereof and is subject
to a number of known and unknown risks, uncertainties and other factors
which could cause actual results or events to differ materially from
future results or events expressed, anticipated or implied by such
forward-looking information. Such factors may include but are not limited
to, the ability of the parties to complete the subject transaction in the
time period and upon the terms anticipated or at all which is dependent
upon, among other things, the parties ability to comply with the closing
conditions contained in the Agreement, many of which are beyond the
control of Momentum, third parties interest in Momentum and its business,
general economic conditions, the state of the capital markets,
performance of the market sectors that Momentum and the parties with
potential interest in acquiring or entering into a strategic transaction
with Momentum serve and other risks detailed from time to time in
Momentum's filings with securities regulators. Therefore, actual outcomes
and results may differ materially from those expressed in such
forward-looking information. Readers are cautioned that such information
may not be appropriate for other purposes. Other than as may be required
by law, Momentum disclaims any intention or obligation to update or
revise any such forward-looking information, whether as a result of new
information, future events or otherwise.

About Momentum Advanced Solutions Inc.

Momentum is a leader in Web outsourcing services. Its solutions provide
customers with the innovation, integration, and operational expertise
needed to reduce costs and/or improve productivity by outsourcing their
mission critical, web-based applications and infrastructure to Momentum.
Headquartered in Markham, Ontario, Momentum has offices in Ottawa,
Windsor, Calgary and Toronto. Momentum Advanced Solutions is publicly
traded on the Toronto Stock Exchange and trades under the symbol WWW.

Contacts:
Momentum Advanced Solutions Inc.
Kamil Khan
Chairman of the Board
kamil.khan@momentum.com

Momentum Advanced Solutions Inc.
Daren Selfe, CA
Chief Financial Officer
(905) 709-6800
daren.selfe@momentum.com
www.momentum.com

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