BRANCHEZ-VOUS! restates its interim financial statements for the second quarter of 2007

    MONTREAL, Sept. 7 /CNW Telbec/ - BRANCHEZ-VOUS! inc. (TSX Venture
Exchange : BZV) today restated its financial results for its second quarter
ended June 30, 2007, due to an internal accounting error. An amount of $32,000
in expenses had been mistakenly registered in the third quarter of 2007
instead of the second quarter of 2007. Consequently, these expenses were not
included in the financial statements issued on August 29, 2007, resulting in
net earnings being mistakenly inflated by the same amount within these
previously issued financial statements.
    "We apologize to our shareholders for this error which, however, does not
change the general profile of that quarter's results", says Patrick Pierra,
    Compared to the quarter ended June 30, 2006, revenues for the quarter
ended June 30, 2007, increased by 25 % and net earnings more than doubled. For
the six-month period ended June 30, 2007, compared to the six-month period
ended June 30, 2006, revenues increased by 32 % and net earnings increased by

    Table summarizing the main financial results

                              Quarter      Quarter   Six months   Six months
                                ended        ended        ended        ended
                              June 30,     June 30,     June 30,     June 30,
                                 2007         2006         2007         2006
    Revenues              $ 1,370,000  $ 1,092,000  $ 2,245,000  $ 1,704,000
    Gross profit          $   699,000  $   669,000  $ 1,186,000  $ 1,073,000
    EBITDA(*)             $   244,000  $   120,000  $   309,000  $   176,000
    Net earnings          $   235,000  $   114,000  $   293,000  $   164,000
    Basic and diluted
     earnings per share   $      0.01  $      0.00  $      0.01  $      0.01

    ((*) EBITDA is defined as earnings before interest, income taxes,
depreciation and amortization. EBITDA is provided as a supplementary earnings
measure to assist readers in determining the ability of the Company to
generate cash from operations and to cover financial charges. It is also
widely used for business valuation purposes. This measure does not have a
standardized meaning prescribed by Canadian generally accepted accounting
principles and may not be comparable to similar measures presented by other
    The increase in sales and gross profit is due to the sustained growth of
the Internet advertising market. The increase in net earnings is also due to
the absence, in 2007, of one-time charges incurred in 2006 related to the
signing of an employment agreement with the Vice-president, Sales, of the
    These results contributed to increasing BRANCHEZ-VOUS! shareholders'
equity to almost $ 1.8 million, or 6 cents per share, as at June 30, 2007.
    On another matter, the Corporation granted 300,000 options to buy shares
of the corporation, at the exercise price of $ 0.65, to an officer. This now
brings to 1,424,800 the total number of options which are currently active.

    About BRANCHEZ-VOUS! inc.

    BRANCHEZ-VOUS! inc. is a leading Montreal-based Internet media company. It
owns and operates the portal and the BRANCHEZ-VOUS! Network. ( is the largest independent
portal in Quebec. With a news, business and technology focus, it primarily
targets an audience of active adults working in and/or interested by
technology and reaches over 500,000 users each month. Its technology content
is promoted on the Sympatico-MSN and AOL Canada portals.
    The BRANCHEZ-VOUS! Network ( is the largest
French-language Internet advertising network, comprised of over 50 web sites
for which BRANCHEZ-VOUS! sells national advertising. It reaches approximately
3 million French Canadians each month And includes such sites as,, and the French version of Canada411.
    BRANCHEZ-VOUS! is listed on the TSX Venture exchange under the symbol BZV
and has approximately 29.3 million shares outstanding. Additional information
on the Corporation can be obtained on SEDAR ( and at
    Financial statements can be downloaded at:            

    The TSX Venture exchange has neither approved nor disapproved the
    contents of this press release.

For further information:

For further information: Patrick Pierra, President and CEO, (514)
842-3838 ext. 249; Nicholas Powell, Investment Relations consultant, (514)

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