SAR Saratoga Electronic Solutions

Saratoga Electronic Solutions Inc. (TSX VENTURE:SAR) (the "Company") announces
that its wholly-owned subsidiary, Saratoga ATM Corporation Inc. ("Saratoga
ATM"), through which it conducts its automated teller machine ("ATM") business,
has entered into an agreement with Access Cash General Partnership ("Access
Cash") pursuant to which Saratoga ATM has sold substantially all of its ATM
assets, including its network of 448 ATMs, to Access Cash, an arm's length third
party, for an aggregate purchase price of approximately $1.8 million. KPMG
Corporate Finance Inc. acted as financial advisor to the Company in connection
with this transaction, in consideration for which it was paid a fee of $122,500.


"As previously announced, the Company initiated a strategic review in order to
explore all avenues available to maximize its value," stated Georges Durst, the
President and Chief Executive Officer of the Company, and the holder of
approximately 60.26% of the outstanding common shares of the Company. "As a
result of such review, the Company sold its prepaid phone and gift card
business, Distributions Car-Tel Inc., in December 2011. The decision today to
sell the remaining ATM business is based on the assessment of the Board that
such sale represents the best way of bringing value to all of the Company's
stakeholders."


In accordance with the rules of the TSX Venture Exchange, this transaction has
been formally approved by Georges A. Durst in his capacity as majority
shareholder of the Company.


Following the completion of this sale, the Company has a net cash position of
approximately $200,000, with all loans and debts having been reimbursed. The
Company retains ownership of its head office located at 2975 Hochelaga,
Montreal, Quebec. As a result of no longer having any active operations, the
Company intends to reduce its administrative expenses. The Company will now
begin to seek other opportunities to deploy its remaining assets in a profitable
manner, and will keep shareholders apprised of all material developments in this
regard. In the interim, the Company has made an application to the TSX Venture
Exchange to have its common shares transferred to the NEX board of the TSX
Venture Exchange.


Forward-Looking Statements

This news release contains certain forward-looking statements. These statements
are based on certain assumptions and analyses made by the Company in light of
management's experience and perception of current conditions and expected future
developments, as well as other factors believed to be appropriate in the
circumstances. However, whether actual results and developments will conform to
expectations is subject to a number of risks, uncertainties and assumptions, as
well as those discussed in the Company's Annual Report and Management's
Discussion and Analysis. Consequently, all of the forward-looking statements in
this news release are qualified by these cautionary statements. Moreover, there
can be no assurance that the results or developments anticipated by the Company,
including as regards its financial resources and its ability to redeploy its
assets, will be realized or, even if substantially realized, that they will have
the expected consequences to or effects on the Company. The Company undertakes
no obligation and does not intend to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise,
except as may be required under applicable law.

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