NXG Nexgenrx Inc

NEXGENRX INC. (TSX VENTURE:NXG) ("NexgenRx" or the "Corporation") is pleased to
report financial results for its first quarter, ended March 31, 2012.


Revenue from transaction fees for the quarter ended March 31, 2012 was
$1,099,109, representing an increase of 8% over the prior year period. The gross
profit for the period was $840,898, an increase of $73,715 compared to the same
quarter in 2011.


"The first quarter 2012 marks the start to another year of continued
strengthening focused on new client revenue, organic growth and continued
balance sheet improvement. I am pleased to announce that we achieved positive
net income of $43,021, representing an increase of over $100,000 in comparison
to the same period in 2011," stated Ron Loucks, President and CEO.


About NexgenRx

NexgenRx is a growing health benefits management company engaged in the design,
management and administration of health benefit plans offered by employers and
other plan sponsors for the benefit of their employees and plan members. More
information on NexgenRx can be found at www.nexgenrx.com.


Caution Regarding Forward-Looking Statements - This news release contains
certain forward looking statements, including statements regarding the business
and anticipated financial performance of the Corporation. These statements are
subject to a number of risks and uncertainties. Actual results may differ
materially from results contemplated by the forward-looking statements. When
relying on forward-looking statements to make decisions, investors and others
should carefully consider the foregoing factors and other uncertainties and
should not place undue reliance on such forward-looking statements.

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