Carlaw Capital II Corp. Announces Qualifying Transaction

Carlaw Capital II Corp. ("Carlaw" or the "Corporation") (TSX VENTURE:CAW.P) is
pleased to announce that it has entered into a definitive acquisition agreement
with TrueContext Corporation ("TrueContext") and certain of its principal
shareholders, pursuant to which Carlaw will complete a business combination to
acquire TrueContext (the "Proposed Transaction").


When completed, the Proposed Transaction will constitute Carlaw's qualifying
transaction pursuant to the policies of the TSX Venture Exchange (the "TSXV"),
and is subject to compliance with all necessary regulatory approvals and certain
other terms and conditions. A comprehensive press release with further
particulars relating to the Proposed Transaction will follow in accordance with
the policies of the TSXV.


ABOUT TRUECONTEXT CORPORATION

Established in 2001, TrueContext is a pioneer in the creation and utilization of
easy to use mobile forms applications. Their flagship product, Pronto Forms
(www.prontoforms.com) simplifies field data capture and extends the most
powerful business applications to nearly any mobile device. This award-winning,
patented technology allows non-technical customers to securely build, manage and
deploy a wide variety of forms for mobile workforce management. For questions or
additional information, please contact TrueContext at [e-mail] or
at +1.877.333.9779.


ABOUT CARLAW CAPITAL II CORP.

Carlaw Capital II Corp. is a capital pool company ("CPC") formed under the TSXV
CPC program.


Completion of the proposed transaction is subject to a number of conditions,
including but not limited to, TSXV acceptance. There can be no assurance that
the transaction will be completed as proposed or at all.


Investors are cautioned that, except as disclosed in the filing statement to be
prepared in connection with the proposed transaction, any information released
or received with respect to the proposed transaction may not be accurate or
complete and should not be relied upon. Trading in the securities of a CPC
should be considered highly speculative.


Certain information in this press release may constitute forward-looking
information. This information is based on current expectations that are subject
to significant risks and uncertainties that are difficult to predict. Actual
results might differ materially from results suggested in any forward-looking
statements. The Corporation assumes no obligation to update the forward-looking
statements, or to update the reasons why actual results could differ from those
reflected in the forward looking-statements unless and until required by
securities laws applicable to the Corporation. Additional information
identifying risks and uncertainties is contained in the Corporation's filings
with the Canadian securities regulators, which filings are available at
www.sedar.com.