Frontline Technologies Corporation

Frontline Technologies Corporation filed a notice of intention to make a proposal under subsection 50.4(1) of the Bankruptcy and Insolvency Act on December 11, 2012, under Ontario court file no. 31-1696523, with Duff & Phelps Canada Restructuring Inc. as trustee. The proceeding is active. A preliminary list of creditors submitted by the Company as at the filing date shows unsecured claims led by Silexx Financial Markets Inc at $350,000.00 and ACTIV Financial Systems Inc. at $162,261.85, followed by The Toronto Stock Exchange at $54,240.00 and $53,923.60 on separate line items, The NASDAQ Stock Market at $52,556.06, SDS Financial Technologies at $35,305.54 and Alpha Trading Systems Limited Partnership at $26,125.61. Deemed trust claims of the Canada Revenue Agency, the Quebec Minister of Revenue and the Ministry of Finance for employer health tax are listed with amounts unknown; Gouvernement du Quebec is listed at $12,995.00.