MONTREAL, and PARIS, France, April 27, 2012 /CNW Telbec/ - Parta Dialogue Inc. (TSXV: PAD), experts in Social Campaign Optimization and Social Learning, released results for the nine-month period ended February 29, 2012. Revenues have increased by 57% compared to the nine-month period ended February 28, 2011. Financial results for the fiscal period ended February 29 2012 as well as a Director's Report are available on the SEDAR website (www.sedar.com).
Parta announces an increase of 57% of its revenues compared to the nine-month period ended February 28, 2011. PARTA has also announced a positive EBITDA of $575 and a positive Adjusted EBITDA of $15,281 for the nine-month period ended February 29, 2012 compared to a negative EBITDA and Adjusted EBITDA of ($163,234) for the nine-month period ended February 28, 2011. "Our revenue increase, coupled with the improvement of our financial ratios, is in line with our growth plan. This growth is set to accelerate in the coming months with the release of our next generation of products in the eValue™ Suite," States Parta CEO, Paul Allard.
The Board of directors of the Corporation has also granted this day 200,000 options to subscribe to common shares of the Corporation to a senior employee of the Corporation, such options being execrable at an exercise price of $0.25$ per common shares, 100,000 of these options being immediately fully vested, 50,000 vesting on April 26, 2013 and 50,000 vesting on April 26, 2014, providing such employee is an employee of the Corporation as of such dates, the whole in accordance with and subject to the Employee's Stock Options Plan of the Corporation and to the applicable regulatory approvals.
The Company was also informed that M. Pierre Colas had to renounce to his nomination to the board of the company due to internal conformity potential issues related to his principal occupation. Parta Dialogue will soon announce the nomination of a new administrator that will fill this vacancy on the Company's Board.
PARTA offers Social Media and Social Learning solutions to its clients from offices in Montreal, Paris and Mexico. Many visionary businesses already employ PARTA's solutions for internal and external online engagement. Among these are Renault, Orange, Michelin, Hydro-Québec, Iusacell (Mexico), Nestlé Waters and Crédit Agricole.
PARTA recently launched eValue™, a groundbreaking SaaS tool that gauges the efficiency of social media brand presence in real time.
For more information, please visit www.partadialogue.com.
PARTA is listed on the TSX Venture Exchange under the symbol PAD. PARTA has a subsidiary that specializes in E-Learning and Social Learning, Edu-Performance Canada Inc (www.eduperformance.com).
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
For further information:
Tom Liacas, VP Social Media
+1 (514) 771-5120
Paul Allard, President & CEO
+1 (514) 831-4245