Extenway Solutions Inc. Announces Filing of Financial Statements
December 20 2007 - 10:42AM
Marketwired
MONTREAL, QUEBEC is pleased to announce the filing of the
company' s financial statements for the quarter and six months
ended 31 October 2007, together with the related management
discussion and analysis, (MD&A), These documents are available
at www.sedar.com.
In the three months ended October 31, 2007 Extenway had sales of
$25,226, a net loss of $448,411. In the three months ended October
31, 2006 the company had sales of $25,541 and a net loss of
$491,227.
In the six months ended October 31, 2007 Extenway had sales of
$51,500, a net loss of $881,822. In the six months ended October
31, 2006 the company had sales of $50,317 and a net loss of
$1,008,789.
Mr. John McAllister, President and CEO, stated, "Subsequent to
quarter end the Company installed its solution at the Legendary
resort in Florida and it is generating very favorable guest
activity and buy rates. We believe that having a US reference site
will enhance future marketing efforts."
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 made.
The TSX Venture Exchange Inc. does not accept responsibility for
the adequacy or accuracy of this release.
Contacts: Extenway Solutions Inc. Mr. John McAllister President
and CEO 514-694-1916 514-694-4280 (FAX) www.extenway.com