RICHMOND, BRITISH COLUMBIA--(Marketwire - Feb. 20, 2012) -Yaletown Capital Corp. ("Yaletown", the "Company") (TSX VENTURE:YCC) in conjunction with Cognitive Research Canada is pleased to announce the availability of mind my family smartphone software for the Android 2.3 operating system (or newer). Mind my family is a family communications and safety software application for Android smartphones that operates on the [ www.justfamilynetwork.com ]. Early adopters will receive a 3 month free usage period before any charges apply. This service is based on an artificial intelligence platform that has very advanced capabilities which greatly improves the level of safety and communications for families.

In addition Gail Gabel is assuming the role of Interim chief financial officer while the company recruits a permanent placement. Gail has been a director of the corporation since July 2010.

About Yaletown Capital Corporation and its wholly owned subsidiary, Freedom
Bionics:

Yaletown Capital Corporation and its subsidiary, Freedom Bionics, specialise in the design of network-based safety, communications and cognitive assistance applications, products and services. Yaletown Capital Corporation is listed on the TSX-Venture Exchange under the symbol "YCC". Information on the Company's new products is available on [ www.justfamilynetwork.com ].

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