Total Telcom Announces Financial Results for Fiscal 2008



    KELOWNA, BC, and EDMONTON, Oct. 28 /CNW/ - TOTAL TELCOM INC. (TSX
Venture: TTZ) today announced its financial results for the year ending June
30th, 2008. The Company's consolidated revenue from operations were $906,584.
The Company reported net income of $312,198 or earnings of $0.013 per share
compared to a net loss of $0.009 per share for the year ending June 30, 2007.
The Company's 2008 loss from continuing operations of $422,792 was offset by
income from discontinued operations of $734,990 resulting from settlement of
the Company's remaining interest in the fiber optic line. The Company reported
cash of $4,640,298 and working capital of $5,878,300 as at June 30, 2008.

    Trading symbol: TTZ: TSX Venture

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





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