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Kanetix to plant more than 1200 trees with Tree Canada following month long campaign

TORONTO, June 13, 2012 - Online quote comparison website Kanetix.ca will be donating more than 1200 trees to Tree Canada, a national nonprofit environmental organization, as a result of a month long promotion to help reduce carbon emissions.

Launched on April 2, the campaign ran for a total of four weeks. During those four weeks, every time a car insurance shopper obtained quotes and connected with an insurer through Kanetix, a tree-- as well as the necessary funds required to plant and maintain it--was earmarked for donation to Tree Canada.

"We are honoured to have teamed up with Tree Canada on this campaign," said Janine White, Vice-President, Marketplace for Kanetix.ca. "This initiative offered our customers the opportunity to save money on their car insurance, while highlighting the importance of lessening our carbon footprint."

Given the relationship between transportation and environment, the partnership also sought to remind drivers to reduce their carbon footprint where possible by considering alternative means of transportation such as carpooling, cycling, and taking advantage of public transit as opposed to driving daily.

The more than 1200 trees provided by Tree Canada will be planted in Ontario and Quebec, as well as the regions of Atlantic Canada and the Prairies. The donation program was open to Canadian motorists in Ontario, Alberta, Quebec, Nova Scotia, Prince Edward Island, and New Brunswick - everywhere Kanetix currently offers their car insurance comparison service.

Tree Canada is a nonprofit, charitable organization providing education, technical assistance, resources and financial support to encourage Canadians to plant and care for trees in rural and urban areas.

Kanetix + Tree Canada = Reduced Carbon Emissions

About Tree Canada

Tree Canada is a nonprofit charitable organization that works with sponsors, donors and municipalities to plant and care for rural and urban trees, promote urban forests in Canada, and facilitate carbon offset projects with trees. To date, more than 77 million trees have been planted, more than 450 schoolyards have been greened, and Tree Canada has organized 9 national urban forest conferences. More information about Tree Canada is available attreecanada.ca

About Kanetix®

Launched in October 1999, Kanetix was Canada's first online insurance marketplace and today provides over a million quotes per year to consumers looking for insurance, as well as comparisons for mortgage rates and credit cards.

The Kanetix comparison service is a one-stop shopping environment for consumers. Each day, thousands visit the Kanetix website at www.kanetix.ca to comparison shop their various financial needs. Shoppers choose what they want to compare, obtain a quotation and complete an online application or, with the help of Kanetix, connect with the provider to purchase or apply for the product over the phone.

Through its Software as a Service team, Kanetix is also the leading provider of online insurance quotation technology, developing online quotation systems, mobile solutions, actuarial tools and websites for many of Canada's largest insurance brands. For more information, visit Kanetix.ca or contact:

For more information, visit www.kanetix.ca, or contact:

Kanetix Ltd.

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