Nuvolt Corporation Announces the Issuance of Convertible Debentures, Administrative Reorganization and the Ratification of it...

Nuvolt Corporation Inc. ("Nuvolt" or the "Company") (TSX VENTURE:NCO) is pleased
to announce the issuance of convertible debentures, in the aggregate principal
amount of $1,250,000, of which $975,000 are debt conversion coming from the
bridge financing concluded in August 2012. The debentures were subscribed by
insiders of Nuvolt. They are guaranteed by a third hypothec on the universality
of the Company's assets and bearing interest at the annual rate of 12%. They
will be convertible into common shares of Nuvolt at a unit price of $0.30, for a
total of 4,166,667 common shares if all debentures are converted. Principle and
cumulated interest will become due on February 20, 2016. 


The TSX Venture Exchange has conditionally approved the Offering and the listing
for trading of the Shares issuable upon conversion of the debentures. 


Moreover, Mr. Jean Lambert, President of the Board of Directors, announces an
administrative reorganization. Mr. Gilles Roy becomes General Manager and CEO of
the Company. Mr. Jacques Dion is President of Nuvolt and responsible for
Business Development and Investors Relations. 


Finally, Nuvolt informs that, on its Annual General Meeting held on December 18,
2012, shareholders voted in favor of the ratification of the Stock Options Plan,
under which the maximum number of common shares to be issued has been set at 10%
of the issued and outstanding shares of the Company. 


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 were launched 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. There
is no guarantee that the proposed private placement can be completed on the
terms described in this press release. 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: 
Nuvolt Corporation Inc.
Jacques Dion
President
[phone]
[phone] (FAX)