Extenway Solutions Inc. Announces Filing of Financial Statements
July 23 2010 - 12:21PM
Marketwired
Extenway Solutions Inc. (TSX VENTURE: EY) Is pleased to announce
the filing of the company' s financial statements for the quarter
and year ended April 30, 2010, together with the related management
discussion and analysis, (MD&A), These documents are available
at www.sedar.com.
In the three months ended April 30, 2010 Extenway had sales of $
53,847 and a net loss of $ 561,795 compared to sales of $ 53,500
and a net loss of $ 538,107 in the same period of the prior year.
In the year ended April 30, 2010 the company had sales of $ 232,603
and a net loss of $1,834,920 compared to sales of $ 1,555,293 and a
net loss of $ 1,860,213.
Mr. John McAllister, President and CEO, stated, "The year saw
significant recapitalization of the Company and the obtaining of
financing agreements to fund installations of our hospital
solution. We believe this leaves the Company in a solid position to
obtain new hospital contracts in the coming year."
About Extenway Solutions Inc.
Extenway is a provider of media, connectivity and communications
solutions serving the hospitality and healthcare industries. The
Company's services include Interactive Television Solutions,
Bedside Terminal Solutions, as well as Internet, entertainment,
Content, Marketing, Advertising Media, Education and Integration
Solutions. Extenway enables guest-centric organizations get
connected, informed and entertained. 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: Mr. John McAllister President and CEO Extenway
Solutions Inc. 514-694-1916 514-694-4280 (FAX)