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TORONTO, ONTARIO--(Marketwire - March 30, 2011) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES.

Triangle Multi-Services Corporation (CNSX:TMS) (the "Company") is pleased to announce a private placement of up to 2,000,000 units at a price of $0.25 for gross proceeds of up to $500,000 (the "Offering"). Each unit consists of one Class A Share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share in the capital of the Corporation (a "Warrant Share") at an exercise price of $0.35 per Warrant Share to the extent such Warrant is exercised on or before the date that is 18 months from the Closing Date. In addition, subject to regulatory approval and successful closing of the Offering, the Company may pay a finder's fee consisting of 10% cash. All securities issued will be subject to a four-month hold period.

The proceeds will be used for working capital purposes and in connection with the Company's exploitation of the Canadian license with RX110 Inc., the terms of which have been previously disclosed.

About Triangle Multi-Services Corporation

Triangle Multi-Services Corporation has the exclusive license agreement with RX 110 Inc. to manufacture, import, and sell in Canada filler products for stopping mould at source (the "RX Products"). RX Products are the world's only known products that not only eliminate mould at source – but assure for up to 99 years of service. RX Products are sold at similar prices as current fillers in the marketplace.

Forward-Looking Information

This document may contain forward-looking statements information and statements which constitute "forward-looking information" under Canadian securities law and which may be material regarding, among other things, the Company's beliefs, plans, objectives, estimates, intentions and expectations with respect to its capital and funding plans. Inherent in the forward-looking information and statements are known and unknown risks, uncertainties and other factors beyond the Company's ability to control or predict, which give rise to the possibility that the Company's predictions, forecasts, expectations or conclusions will not prove to be accurate, that its assumptions may not be correct and that the Company's plans, objectives and statements will not be achieved. Actual results or developments may differ materially from those contemplated by the forward-looking information and statements. Consequently, undue reliance should not placed on such forward-looking statements.

The shares have not been, nor will be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirement of such Act. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification under the securities laws of any such jurisdiction.

On behalf of the Board of Directors of Triangle Multi-Services Corporation

Bruce Lewis, Chairman of the Board of Directors

The CNSX has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved of the contents of this press release. Neither the CNSX nor its Regulation Services Provider (as such term is defined in the policies of the CNSX) accepts responsibility for the adequacy or accuracy of this release.