Essex Angel Capital Inc. Announces: Wellness Indicators, Inc. Founder Is Guest Speaker at National Labor Management Conference

Essex Angel Capital Inc. (TSX VENTURE:EXC) (the "Corporation" or "Essex") is
pleased to announce that Denis Callewaert, Founder and Chief Science Officer of
Wellness Indicators, Inc. ("Wellness Indicators"), one of the companies in the
Essex portfolio, will be a guest speaker at the National Labor Management
Conference in Hollywood, FL, February 16-21, 2012. Dr. Callewaert, who holds a
Ph.D. in biochemistry, will be addressing the attendees about the unique aspects
of Wellness Indicators' new wellness screening test, the Health Equater(TM)
Assessment Profile.


One thousand attendees at the National Labor Management Conference will be
offered the opportunity to participate in field trials of the Health Equater
Assessment Profile, which is a quick and inexpensive urine test that screens for
biomarkers indicating levels of wellness. The National Labor Management
Conference is only one of the sites where the Health Equater Assessment Profile
will be field-tested. Further field trials during the first quarter of 2012 will
take place at a number of large insurance companies, large employers and
organized labor unions. Wellness Indicators has field trial commitment letters
from eight organizations, representing over 1,000,000 potential users, of whom
2,000 will be participating in field trials in the first quarter of 2012.


"Wellness Indicators is a game-changer in the Labor space," said Ed Hanley,
former Chief Legal Counsel of Hotel Employees and Restaurant Employees and
Bartenders International Union and current CEO of A&E Group Health Solutions
LLC, "which brings a non-invasive, portable, affordable method for funds and
their members to manage their own personal health. I am excited to share this
new solution next week at the National Labor Conference, where some 1,000
different funds will be represented."


An international expert in biochemistry and immunology, with a focus on
biomarkers for oxidative stress and inflammation, Dr. Callewaert has founded
four biotechnology companies, including Wellness Indicators. The company plans
to introduce the Health Equater Assessment Profile commercially, after field
tests are completed. 


The Health Equater Assessment Profile is a first-to-market test screening for
such biomarkers as oxidative stress, low-grade inflammation and total
antioxidant capacity, which indicate levels of wellness. Thousands of studies
have shown that the biomarkers detected by the assessment profile are leading
indicators for a variety of future health risks, including stroke, cancer, heart
disease, and diabetes. The value of the Health Equater Assessment Profile is
that it is non-invasive, results are ready in five minutes and it gives an
indication at the individual level of how a person is functioning metabolically
before the onset of chronic disease, when intervention is less expensive and
more effective. Results are available in approximately five minutes, instead of
the week that traditional lab tests require. Other advantages include ease of
use, portability, and low cost, being approximately $30 per test, rather than
around $100 for most current diagnostic tests. 


"The field trials at the National Labor Management Conference, is a significant
step forward for Wellness Indicators," said Rick Galdi, President and CEO of
Essex. "The invitation for Dr. Callewaert to speak on the subject and the
immediate availability to participate in the trial lays a strong foundation for
future test sales."


This press release contains certain forward-looking statements about the future
plans and intentions of companies in the Corporation's portfolio. Wherever
possible, words such as "may," "will," "should," "could," "expect," "plan,"
"intend," "anticipate," "believe," "estimate," "predict," or "potential," or the
negative or other variations of these words, or similar words or phrases, have
been used to identify these forward-looking statements. These statements reflect
Management's current beliefs and are based on information currently available to
Management as at the date hereof. Forward-looking statements included or
incorporated by reference in this press release include statements with respect
to completion of Wellness Indicators' field trials in the first quarter of 2012,
successful commercial launch of the Health Equator Assessment Profile later this
year and the future business activity of Wellness Indicators.


Forward-looking statements involve significant risk, uncertainties, and
assumptions. Many factors could cause actual results, performance, or
achievements to differ materially from the results discussed or implied in the
forward-looking statements. These factors should be considered carefully and
readers should not place undue reliance on the forward-looking statements.
Although the forward-looking statements contained in this press release are
based upon what management believes to be reasonable assumptions, the
Corporation cannot assure readers that actual results will be consistent with
these forward-looking statements. These forward-looking statements are made as
of the date of this press release, and the Corporation assumes no obligation to
update or revise them to reflect new events or circumstances, except as required
by law.