Nuvolt Corporation Announces the Deposit of its Annual Financial Results as Well as the Date of its Annual Meeting

Nuvolt Corporation Inc. ("Nuvolt") (TSX VENTURE:NCO) announces the deposit of
its audited financial results for the fiscal year ended on August 31, 2012. 


"Our sales performance are an accurate representation of the difficulties
experienced by the Company in 2011-2012." says Mr. Jacques Dion, President and
CEO. "Following its launch, the SmartScan management software required important
adjustments to make the system more user friendly. We have made   the necessary
corrections during the year. In addition, as outlined in our business plan, we
have completed the validation of ShipScan and SmartScan Pro and proceed for
production thereof. We received the finished products at the end of the fiscal
year only, due to supply problems of some parts. In the fourth quarter, we took
in hand the commercial launch of our products and we experienced a sales
increase of 42% over the same quarter last year" concludes Jacques Dion.


Highlights:



--  Sales of 2011-2012 increased by 11% as compared to previous year. 

--  Net loss of $2,178,000 ($0.0163/share) for the fiscal year ended on
    August 31, 2012, as compared to $1,866,000 ($0.0246/share) for the
    previous year.

--  SmartScan: Launching of the Optimum/Agrivolt marketing program. Sales of
    Smartscan represented about 19% of total sales of the fiscal year.

--  SmartScan Pro and ShipScan: Process of production in Asia, distribution
    agreements signed for the industrial and commercial markets,
    collaboration agreements concluded to adapt the system to the needs of
    commercial building owners. First sales of SmartScan Pro recorded during
    the year.

--  Financing: Closing of a private placement of $675,000 on July 6, 2012
    and a note payable of $289,000 in August 2012, allowing the Company to
    plan a more important funding, expected to be closed for mid-December
    2012.



The annual financial statements and the management report may be consulted in
the electronic data, analysis and research system (SEDAR), accessible at the
following address: www.sedar.com.


Finally, NUVOLT informs the public that its Annual General and Special Meeting
will be held at 4 p.m. on December 18, 2012 at the offices of Langlois Kronstrom
Desjardins, LLP, located at Complexe Jules-Dallaire, building 3T, 2820, Laurier
Blvd. 13th Floor, Quebec QC, G1V 0C1. All shareholders are welcome to attend the
meeting.


About Nuvolt Corporation Inc. 

Nuvolt has developed a specialized expertise in the monitoring and the
management systems for electrical failures, power quality, the detection and
neutralization of leakage current for the agriculture, maritime, commercial and
industrial markets. SmartScan is now available to the agriculture market. The
SmartScan system has the ability to predict an electrical failure on equipment
and electrical networks. It could prevent equipment failures and production
downtime on production assembly lines and commercial buildings and also fire
risks. The ShipScan, for the maritime market, and the SmartScan Pro, for the
industrial market, have been launched to the market in September 2012.


Certain statements contained in this press release constitute forward-looking
information. Such statements are based on the current expectations of
management. You are cautioned that such statements can be subject to a multitude
of risks and uncertainties that could cause actual results, future circumstances
or events to differ materially from those projected in the forward-looking
information. The reader should not place undue reliance on the forward-looking
information included in this press release given that (i) actual results could
differ materially from a conclusion, forecast or projection in the
forward-looking information, and (ii) certain material factors or assumptions
were applied in drawing a conclusion or making a forecast or projection as
reflected in the forward-looking information could prove to be inaccurate. These
statements speak only as of the date they are made, and Nuvolt assumes no
obligation to revise such statements as a result of any event, circumstance or
otherwise, except in accordance with law. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Jacques Dion CEO
[phone]
[phone] (FAX)