Extenway Solutions Inc. Announces Filing of Financial Statements
March 26 2009 - 12:15PM
Marketwired
Extenway Solutions Inc. (TSX VENTURE: EY) Is pleased to announce
the filing of the company' s financial statements for the quarter
ended January 31, 2009, together with the related management
discussion and analysis, (MD&A), These documents are available
at www.sedar.com.
In the three months ended January 31, 2009 Extenway had sales of
$ 1,175,613, a net loss of $ 262,713. In the three months ended
January 31, 2008 the company had sales of $24,554 and a net loss of
$400,405.
In the nine months ended January 31, 2009 Extenway had sales of
$ 1,501,793, a net loss of $ 1,322,106. In the nine months ended
January 31, 2008 the company had sales of $ 76,054 and a net loss
of $ 1,282,227.
Mr. John McAllister, President and CEO, stated, "The current
quarter results reflect the successful installation of our hotel
solution at Canyon Ranch in Miami. The Company has also signed its
first hospital contract for bedside terminals but progress in that
market is subject to financing in a difficult financial
market."
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.
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.
Contacts: Extenway Solutions Inc. Mr. John McAllister President
and CEO 514-694-1916 514-694-4280 (FAX)