Amadeus discloses the results of its second quarter of fiscal 2007



    QUEBEC CITY, March 2 /CNW Telbec/ - Amadeus International Inc. (TSX-V:
AII), a pioneer and leader of advanced compliance process control solutions,
today announced the results of its second quarter ended December 31, 2006.
    Amadeus' revenues have decreased by 28.9% to $447,678 for the quarter
ended December 31, 2006, compared with $630,073 for the corresponding period
last year. This decrease arises mainly from an important non-recurring
development contract in the quarter ended December 31, 2005, combined with the
non-renewal of some eQRP(R) customers' service plans. For the first six months
of fiscal 2007, revenues have increased by 7.2% to $1,037,813, compared with
$967,748 for the same period a year earlier.
    "Over the last year, we have reorganized our sales and marketing
organization to drive growth and the results are promising, said Yves Leblanc,
President and CEO of Amadeus. We have witnessed a substantial increase of
sales of our flagship software platform, eQCM(R), which in turn drives the
delivery of related professional services and medium term on going service
plans", he added.
    The loss before financial expenses, income tax on earning and
amortization (EBITDA) decreased by 25.8% to stand at $302,335, versus $407,625
for the corresponding quarter last year. For the first semester of fiscal
2007, the loss before financial expenses, income tax on earning and
amortization decrease by 50.7 % totaled $479,242, as opposed to $973,030 for
the corresponding semester the previous year. The decrease in EBITDA is mostly
attributable to the increase in licences sales, which have increased by 20.5%,
and to the downturn in operating costs that result from the business
re-engineering the Company underwent at the end of the last fiscal year.
Amadeus incurred a net loss on continuing operations of $431,675, or $0.01 per
share, for its second quarter of fiscal 2007, as opposed to a net loss on
continuing operations of $629,345, or $0.02 per share, for the corresponding
period of fiscal 2006.
    

    -------------------------------------------------------------------------
    (Canadian dollars)                                     Semesters ended
                                                              December 31,
                                                            2006        2005
                                                               $           $
    -------------------------------------------------------------------------
    Revenues                                           1,037,813     967,748
    -------------------------------------------------------------------------
    Gross profit                                         304,064     260,610
    -------------------------------------------------------------------------
    Net loss from continuing operations                 (805,658) (1,369,447)
    -------------------------------------------------------------------------
    Net earnings from discontinued operation              42,875     502,732
    -------------------------------------------------------------------------
    Net loss                                            (762,783)   (866,715)
    -------------------------------------------------------------------------
    EBITDA(*)                                           (479,242)   (973,030)
    -------------------------------------------------------------------------

    (*) Definition of EBITDA: Earnings (loss) before financial expenses,
        income tax on earning and amortization. EBITDA is presented as an
        additional measurement of earnings in order to assist the reader to
        establish the Company's ability to generate cash from activities and
        to acquit its financial charges. It is also an indicator generally
        used for purposes of evaluation. Canadian generally accepted
        accounting principles give no standard interpretation to this
        measurement and it cannot therefore be compared to similar
        measurements used by other enterprises.

    Current assets amounted to $1,494,218 as at December 31, 2006, versus
$2,261,461 as at June 30, 2006. Current liabilities totaled $1,523,586 as at
December 31, 2006, versus $2,105,532 as at June 30, 2006.

    About Amadeus International

    Amadeus International is a pioneer and leader in compliance process
control solutions. Its flagship product, eQCM(R), is a flexible, Web-based
integrated suite of applications that allow organizations to help manage and
control compliance and quality by automating processes such as document
management, CAPA, nonconformances, customer satisfaction, audits, and other
related quality and business processes. The application suite is coupled with
powerful business intelligence capabilities, enterprise content management,
and related technologies that help organizations achieve sustained compliance.
Amadeus International's global headquarters are located in Quebec City,
Canada. Amadeus' solutions are distributed across four continents.

    - The TSX Venture Exchange does not accept responsibility for the
      adequacy or accuracy of this release.

    - Any statement that appears prospective shall not be interpreted as
      such.
    




For further information:

For further information: Frédéric Garand, Chief Financial Officer, (418)
525-0606, ext. 2268, frederic.garand@amadeussolutions.com; Manon Rouillier,
Marketing and Communications Director, (418) 525-0606, ext. 2231,
manon.rouillier@amadeussolutions.com

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