BasicGov Systems, Inc. Reports Change in Amount Due Former Shareholders

  BasicGov Systems, Inc. (TSX VENTURE: BSG) ("BasicGov" or the "Company") today announced a correction to the calculation in respect of the Subscription Receipts held by certain former shareholders. The Company is amending its March 8, 2010 press release, to reflect the fact that Subscription Receipt holders are entitled to $133,950 (rather than $74,205 previously reported) of the $494,697 proceeds received from Harris Computer Corporation with respect to holdbacks under the Acquisition Agreement by which the Company disposed of assets in 2008.

As a result of this change Subscription Receipt holders will receive $.0312 (rather than $.0173 previously reported) per Subscription Receipt less an adjustment for SBVCA tax credits if applicable. These amounts will be distributed shortly by Computershare, the Company's transfer agent.

Since the amount due to Subscription Receipt holders has been revised, the Company's net proceeds from the holdbacks will be $360,747 rather than $420,492 previously anticipated. In the third quarter of 2009 the Company recorded a loss on sale of assets of $97,750; as a result of revising the net proceeds from the holdbacks, the total loss on sale of assets for 2009 is expected to be $276,753.

About BasicGov Systems, Inc.

BasicGov Systems, Inc. (TSX VENTURE: BSG) develops, sells and supports BasicGov web-based software for cities and local governments that streamlines permitting and inspections, code enforcement and planning. BasicGov is a reliable, secure solution delivered for an affordable price and the only web-based software for local governments built on the Force.com, the cloud computing platform from SalesForce.com used by more than 55,000 organizations worldwide. Unlike enterprise software that is expensive to acquire and difficult to implement, BasicGov requires no capital investment and is simple to set up. Users pay a monthly subscription fee per module and no capital investment is required. www.basicgov.com

Forward-Looking Statements

This news release contains forward-looking statements. Actual events or results may differ materially from those described in the forward-looking statements due to a number of risks and uncertainties, including changes in market and competition, technological and competitive developments, cooperation and performance of strategic partners and potential downturns in economic conditions generally. Forward-looking statements are based upon management's estimates, beliefs and opinions. The Company assumes no obligation to update forward-looking statements, other than as required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: BasicGov Systems, Inc. Ian Power CFO [phone] [e-mail] www.basicgov.com