Press Releases

CALGARY, ALBERTA--(Marketwire - Feb. 12, 2012) - Grande Cache Coal Corporation (TSX: GCE) ("Grande Cache Coal" or the "Corporation") provides the following update with respect to its previously announced plan of arrangement (the "Arrangement") with 1629835 Alberta Ltd. (the "Purchaser"), a company indirectly jointly owned by Winsway Coking Coal Holdings Limited ("Winsway") and Marubeni Corporation and formed for the purpose of completing the Arrangement.

Winsway has advised that it has received all necessary approvals of the Hong Kong Stock Exchange required in order for the Purchaser and Grande Cache Coal to complete the Arrangement. Winsway has dispatched its circular to its shareholders in connection with a shareholder meeting to be held on February 28, 2012 at which majority shareholder approval of the Arrangement will be sought. Certain shareholders of Winsway, who beneficially own or exercise control or direction over approximately 51% of the ordinary shares of Winsway, have previously entered into voting agreements with Grande Cache Coal pursuant to which they have irrevocably agreed to, among other things, vote their Winsway shares in favour of the Arrangement at such shareholder meeting.

The Corporation also announces that it has agreed with the Purchaser to extend the outside closing date to complete the Arrangement from February 28, 2012 until March 6, 2012 in order to provide sufficient time to complete the Arrangement following the Winsway shareholder meeting.

Completion of the Arrangement remains conditional on satisfaction of certain conditions precedent to permit the Purchaser to complete Arrangement. Subject to the satisfaction or waiver of these conditions precedent, Grande Cache Coal anticipates that the Arrangement will be completed on or before March 6, 2012.

Upon completion of the Arrangement, the Purchaser will acquire all of the issued and outstanding common shares of the Corporation at a cash price of C$10.00 per share, for a total cash consideration of approximately C$1.0 billion. The details of the Arrangement are described in the Corporation's management information circular dated December 12, 2011 and the arrangement agreement which are available for review at www.sedar.com under the Corporation's profile.

About Grande Cache Coal

Grande Cache Coal is an Alberta based metallurgical coal mining company whose experienced team of coal professionals are managing a mine that produces metallurgical coal for the steel industry and holds coal leases covering over 22,000 hectares containing an estimated 346 million tonnes of coal resources in the Smoky River Coalfield located in west-central Alberta. Grande Cache Coal's common shares are listed on the Toronto Stock Exchange under the trading symbol "GCE".

Forward-Looking Statement Advisory

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking statements or information. More particularly and without limitation, this news release contains forward-looking statements and information concerning the anticipated timing of Winsway's shareholder meeting, the anticipated completion of the Arrangement and the anticipated timing for completion of the Arrangement.

In respect of the forward-looking statements and information concerning the anticipated timing of Winsway's shareholder meeting, the anticipated completion of the Arrangement and the anticipated timing for completion of the Arrangement, Grande Cache Coal has provided such in reliance on certain assumptions that it believes are reasonable at this time, including assumptions as to the ability of the parties to satisfy, in a timely manner, the conditions to the closing of the Arrangement. These dates may change for a number of reasons, including inability to secure necessary approvals in the time assumed or the need for additional time to satisfy the other conditions to the completion of the Arrangement. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times.

Risks and uncertainties inherent in the nature of the Arrangement include the failure of Grande Cache Coal, the Purchaser or Winsway to obtain necessary approvals, or to otherwise satisfy the conditions to the Arrangement, in a timely manner, or at all. Failure to so obtain such approvals, or the failure of Grande Cache Coal, the Purchaser or Winsway to otherwise satisfy the conditions to the Arrangement, may result in the Arrangement not being completed on the proposed terms, or at all. In addition, the failure of Grande Cache Coal to comply with the terms of the arrangement agreement may result in Grande Cache Coal being required to pay a non-completion or other fee to the Purchaser, the result of which could have a material adverse effect on Grande Cache Coal's financial position and results of operations and its ability to fund growth prospects and current operations.

Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information on other factors that could affect the operations or financial results of Grande Cache Coal are included in reports on file with applicable securities regulatory authorities, including but not limited to, Grande Cache Coal's Annual Information Form for the fiscal year ended March 31, 2011 which may be accessed on Grande Cache Coal's SEDAR profile at www.sedar.com.

The forward-looking statements and information contained in this news release are made as of the date hereof and Grande Cache Coal undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

FOR FURTHER INFORMATION PLEASE CONTACT:
        Grande Cache Coal Corporation
        Ian Bootle
        Vice President, Finance and Chief Financial Officer
        (403) 543-7070
        Fax: (403) 543-7092(FAX)
        www.gccoal.com

Source: Grande Cache Coal Corporation

SINGAPORE--(BUSINESS WIRE)-- Heartbeat Experts reported today selling 20 KOL identification and KOL management software projects in the Asia-Pacific region in the fourth quarter of 2011. These projects include implementations in China, Japan, Korea, India, Indonesia and Australia. The company reported that its clients span pharmaceutical, medical device and diagnostics manufacturers.

Implementation of these projects, led by Heartbeat Experts’ local delivery team in each country, involves the company’s KOL management software platform populated with profiles of identified KOLs. The KOL profiles are built from public sources in the KOL’s local language in accordance with each country’s data privacy laws.

Larry Cohen, President of Heartbeat Experts, said, “This announcement affirms our position as the leader in Asia-Pacific for KOL management solutions. As emerging markets become critical to the growth of life science companies, they are looking to our global expertise in KOL mapping combined with local presence. Our local teams deliver projects tailored to each country’s language and regulations.”

Keren Priyadarshini, Head of Asia for Heartbeat Experts, added, “These 20 new clients reflect the continuing importance of structured KOL management for APAC clients. They are recognizing the impact KOLs have on the success of their products. In effectively selecting the right KOLs for each business need, Heartbeat Experts’ methodology explores beyond more limited traditional KOL identification techniques. Implementing structured KOL management software leads to a higher return on investment from KOL engagements.”

About Heartbeat Experts:

Heartbeat Experts works with over 150 clients on KOL management and market access projects. Working from offices in Europe, Asia-Pacific, Latin America and North America, Heartbeat Experts’ software and data analytics solutions have been implemented for pharmaceutical, medical device, biotechnology, diagnostics and vaccine firms.

Heartbeat ExpertsMichiel Kok, +1-212-941-9041solutions@heartbeatexperts.com

Source: Heartbeat Experts

OSLO, Norway--(BUSINESS WIRE)-- Accenture (NYSE: ACN) is developing a new national crime management system for the Norwegian National Police Directorate (POD) to support police investigations and criminal prosecutions in Norway. The company was selected as the lead management consultant and information technology partner under a contract signed in June 2011.

The crime management system will enable the Norwegian police force to better manage, link and analyze case information and intelligence for greater reliability and consistency across law enforcement, police investigations, border management, emergency response and case administration. Accenture secured the contract after a competitive tendering process.

“Accenture has a proven track record for the successful delivery of transformational programs,” said Vidar Refvik, director of the Norwegian Police Force. “The company’s strong technology and business transformation focus, along with its diverse capabilities, were important factors in our selection of Accenture as lead partner.”

Accenture’s management consulting services will include managing the project from outset to completion and designing police process models to meet client needs. The company also will develop a robust and secure IT architecture to support high levels of system usage across the entire police force.

The system will be highly flexible to enable the integration of mobile solutions. It also will support and comply with all criminal justice legislation and meet all legal requirements for how case data is accessed, stored and traced for investigative purposes. And, it will provide improved user access to accurate case information across multiple devices and locations and replace a number of existing information systems currently in use.

Ger Daly, who leads Accenture’s global Defense & Public Safety business, said, “Events of recent years have brought to light the need for a more holistic model for information management and greater interoperability between public safety agencies both domestically and internationally. Accenture is working with several clients around the world to implement similar crime management solutions as police forces and other public safety organizations seek to gain insights from the valuable information they hold while adapting to changing legislative requirements.”

“This new crime management system will enable intelligence-driven policing by providing users with accurate and timely information to support their investigations and prosecutions,” added Lars Bestum, senior executive, Accenture Health & Public Service Norway. “The accumulation of knowledge within crime management systems enables police forces to better manage, link and analyze information for greater reliability and consistency across law enforcement -- ultimately increasing the protection and security of citizens and society.”

Learn more about Accenture’s Defense & Public Safety practice, Turning Insights into Outcomes.

About Accenture

Accenture is a global management consulting, technology services and outsourcing company, with more than 244,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$25.5 billion for the fiscal year ended Aug. 31, 2011. Its home page is www.accenture.com.

AccentureDefense & Public SafetyJoe Doyle, + 353-87-2507583joe.x.doyle@accenture.comorAccenture NorwayGeorg A. Huus, + 47-90-78-76-89 (Mobile)/+ 47-67-12-67-00georg.andreas.huus@accenture.com

Source: Accenture