Decision Dynamics Reports Record Fourth Quarter and Over 95% Growth in 2006



    Q4 revenues almost 50% higher than any previous quarter

    CALGARY, March 26 /CNW/ - Decision Dynamics Technology Ltd. (Decision
Dynamics; TSX-V: DDY), a provider of operations management software to the
energy industry, today reported revenues of $8.1 million for the year ended
December 31, 2006, an increase of over 95% over the previous year. Fourth
quarter revenues were nearly $2.8 million, an increase of almost 50% over any
previous quarter.
    Sales have grown each quarter this year and were particularly strong in
the fourth quarter. In the fourth quarter Decision Dynamics also embarked on a
program to refocus its product development on business operations solution for
the energy industry and reduce monthly expenditures to bring them more in line
with revenue growth. The Company achieved positive EBITDAS for the fourth
quarter (before restructuring costs of $400,965).
    "We are particularly pleased with the strong performance of the company
during Q4." said Justin Zinke, Decision Dynamics Chief Executive Officer, "We
added several new customers and experienced the best quarter in the company's
history. Oncore sales have significantly exceeded our expectations and we look
forward to continuing strength in both our Oncore and Wellcore product lines
in the future."

    
    Financial Highlights

                                       Three Months Ending     Year Ending

    $ '000 except per share amounts     Dec 31,   Dec 31,   Dec 31,   Dec 31,
                                          2006      2005      2006      2005

    Revenue                              2,776     1,837     8,111     4,128
    Expenses other than restructuring   (2,775)   (1,916)  (11,299)   (6,304)
                                       --------------------------------------
    EBITDAS(1) before restructuring          1      (375)   (3,188)   (2,175)
    Restructuring costs                   (401)     (179)     (401)     (545)
                                       --------------------------------------
    EBITDAS(1)                            (400)     (554)   (3,589)   (2,720)
    Interest, taxes and non-cash
     expenses                             (591)     (244)   (1,741)     (591)
                                       --------------------------------------
    Net loss for the period               (991)     (798)   (5,330)   (3,311)
                                       --------------------------------------
                                       --------------------------------------

    Basic and diluted loss per share    ($0.02)   ($0.03)   ($0.10)   ($0.09)
    

    Full year license revenues for 2006 are up 134% over the prior year with
the inclusion of Wellcore sales plus significant Oncore sales in the fourth
quarter. Services have increased due to an increase in chargeable projects and
manpower utilization.
    Total expenses are up over 2005 due to the inclusion of operating costs
attributable to the Malibu acquisition plus growth in operating and sales
resulting from new hires this year. Fourth quarter 2006 expenses are up over
the same quarter last year largely due to the growth in personnel in
anticipation of higher sales and the impact of restructuring costs. These
costs will drop as the company refocuses on its core business in the energy
industry.
    The Company has completed a restructuring plan of its historical business
entities which will result in its ability to utilize previously unrecognized
future tax assets. As a result a future tax recovery of $423,000 has been
recorded in the year. The Company has about $21.2 million dollars of tax pools
available in Canada and the United States to offset income in the respective
jurisdictions.
    Reduced expenses and strong sales growth, combined with cash on hand,
should provide sufficient cash to enable the Company to conduct its
anticipated operations over the next twelve months. Decision Dynamics had over
$1.3 million in cash and cash equivalents as at March 21, 2007.

    
    Notes to Table

    (1) "EBITDAS" means earnings from continuing operations before interest,
        taxes, depreciation, amortization, foreign exchange, and stock based
        compensation. It may be derived by subtracting stock based
        compensation from the subtotal titled Loss before the undernoted on
        the Statement of Loss and Deficit. EBITDAS does not have a
        standardized meaning under Canadian GAAP and may not be comparable to
        other entities in the industry; however, the Company believes it is
        an important indicator of success for software businesses and is
        relevant to readers within the investment community.
    

    Additional information regarding the Company is available on SEDAR at
www.sedar.com.

    About Decision Dynamics Technology Ltd.

    Decision Dynamics Technology Ltd. is a leading provider of innovative
knowledge capture, workflow management, reporting and analytics software
solutions to the energy sector, including major oil and gas and electrical
power companies. Its flagship products include Oncore, a project cost
management solution that provides real-time cost information, contract
validation and approvals for operations management and capital projects; and
Wellcore, a well lifecycle management solution that provides oil and gas
companies with business visibility and operations agility. The Company has
also developed X-Core, a patent-pending, fully integrated, end-to-end data
modeling and application development system that can be leveraged across
vertical markets. Decision Dynamics is a Microsoft Gold Certified Partner. The
Company's head office is located in Calgary, Alberta, Canada. It operates
wholly-owned foreign subsidiaries in the United States with offices in
Houston, Texas.
    Decision Dynamics trades on the TSX Venture Exchange under the symbol
"DDY". For more information visit www.ddytech.com.

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

    Forward-Looking Statements - Certain statements contained in this release
constitute forward-looking statements or information. These statements relate
to future events or Decision Dynamics' future performance. The use of any of
the words "could", "expect", "believe", "will", "projected", "estimated" and
similar expressions and statements relating to matters that are not historical
facts are intended to identify forward-looking statements or information and
are based on Decision Dynamics' current belief or assumptions as to the
outcome and timing of such future events. Actual future results may differ
materially. Decision Dynamics' annual report to shareholders and other
documents filed with securities regulatory authorities (accessible through the
SEDAR website www.sedar.com) describe the risks, uncertainties and other
factors, such as changes in business plans and potential delays or changes in
plans with respect to development projects or capital expenditures, that could
influence actual results. Decision Dynamics disclaims any intention or
obligation to publicly update or revise any forward-looking statements or
information, whether as a result of new information, future events or
otherwise, except as may be expressly required by applicable securities law.




For further information:

For further information: David N. Hunt, Chief Financial Officer,
Decision Dynamics Technology Ltd., (403) 451-0691

Organization Profile

DECISION DYNAMICS TECHNOLOGY LTD.

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