OneMove(TM) Reports Correction to Previously Announced Fiscal 2007 Year End Results



    VANCOUVER, Oct. 31 /CNW/ - OneMove Technologies Inc. ("OneMove" or the
"Company") (TSX-V: OM) announces a correction to its previously reported
segmented revenue for fourth quarter fiscal 2007. In the fourth quarter fiscal
2007, revenues from Canadian operations were $0.4 million, instead of
$0.2 million as previously reported, and revenues from U.K. operations were
$0.03 million, instead of $0.2 million as previously reported. The
consolidated revenue for the quarter remains the same at $0.4 million. In
addition, cash and cash equivalents as at June 30, 2007 was $3.9 million
instead of the $3.7 million previously stated. There were no other corrections
to the release issued October 29, 2007.

    About OneMove Technologies Inc.

    OneMove Technologies Inc. (TSX-V: OM) is a real estate transaction
platform, currently serving the British Columbia, England and Wales real
estate markets. By combining personal service, unique products and leading
edge technology, OneMove(TM) simplifies and expedites the process of buying
and selling real estate. The Company's product and service offerings include:
econveyance(TM) in British Columbia, and a Move Management System, Personal
Moving Consultants, Home Buyer Expense Insurance, and the largest free online
real estate listing database in England and Wales. Additional information
about OneMove can be found at www.onemovetech.com or www.sedar.com.

    Forward Looking Statements

    This press release contains certain "forward looking statements." These
statements relate to future events or future performance and reflect
expectations and belief regarding growth, results of operations, performance,
business prospects, opportunities or industry performance and trends. These
forward looking statements reflect current internal projections, expectations
or beliefs and are based on information currently available. A number of
factors could cause actual events or results to differ materially from the
results discussed in the forward looking statements. Although it is believed
that the forward looking statements contained in this press release are based
upon reasonable assumptions, investors cannot be assured that actual results
will be consistent with these forward looking statements. These forward
looking statements are made as of the date of this press release, and OneMove
Technologies Inc. assumes no obligation to update or revise them to reflect
new events or circumstances, except as required pursuant to applicable
securities laws.

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

    %SEDAR: 00023118E




For further information:

For further information: Martin R. Johnson, President & CEO, (604)
662-8207 ext 116, martin.johnson@onemovetech.com; Kristen Dickson, Investor
Relations, The Equicom Group, (416) 815-0700 ext 273,
kdickson@equicomgroup.com

Organization Profile

ONEMOVE TECHNOLOGIES INC.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890