MONTREAL, March 22 /CNW Telbec/ - Extenway Solutions Inc. (TSX-V: EY) is
pleased to announce the filing of the company' s financial statements for the
quarter and nine months ended 31 January 2007, together with the related
management discussion and analysis, (MD&A). These documents are available at
In the three months ended January 31, 2007 Extenway had sales of $25,542,
a net loss of $466,849. In the three months ended January 31, 2006 the company
had sales of $14,697 and a net loss of $572,818.
In the nine months ended January 31, 2007 Extenway had sales of $74,769,
a net loss of $1,475,638. In the nine months ended January 31, 2006 the
company had sales of $42,521 and a net loss of $1,989,663.
Mr. John McAllister, President and CEO, stated, "During the quarter the
company added a salesman in the American Southwest and received the industry
recognition of our technology when our CTO, Mario Pelletier, was invited to
join the In-Room Technology Workgroup of the Hotel Technology New Generation
association (www.htng.org) ."
About Extenway Solutions Inc.
Extenway is a provider of guest-centric solutions for the Hospitality
industry that help clients differentiate their properties and services by
improving the quality of their guest experience. Extenway solutions allow
hospitality organizations to intelligently manage and coordinate all in-room
guest interactions with key sales and marketing initiatives. For more
information, visit www.extenway.com.
Disclaimer - Safe Harbour Forward -Looking Statements
Certain statements contained in this press release constitute
forward-looking statements. These forward-looking statements relate to the
future financial conditions, results of operations or business of the Company.
These statements may be current expectations and estimates about the markets
in which Extenway Solutions Inc. operates and management's beliefs and
assumptions regarding these markets. These statements are subject to important
risks and uncertainties which are difficult to predict and assumptions which
may prove to be inaccurate. The results or events predicted in forward-looking
statements may differ materially from actual results or events. The Company
disclaims any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events, or
otherwise. In particular, forward-looking statements do not reflect the
potential impact of any merger, acquisitions or other business combinations or
divestitures that may be announced or completed after such statements are
The TSX Venture Exchange Inc. does not accept responsibility for the
adequacy or accuracy of this release.
For further information:
For further information: Mr. John McAllister, President and CEO,
Extenway Solutions Inc., (514) 694-1916, Fax: (514) 694-4280