|By Marketwired .||
|March 31, 2014 06:13 PM EDT||
MONTREAL, QUEBEC -- (Marketwired) -- 03/31/14 -- Extenway Solutions Inc. (TSX VENTURE: EY) is pleased to announce the filing of the company' s financial statements for the quarter ended 31 January 2014, 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, 2014 Extenway had sales of $ 158,317 and a net loss of $ 1,101,132. In the three months ended January 31, 2013 Extenway had sales of $ 100,073 and a net loss of $ 769,195.
In the nine months ended January 31, 2014 Extenway had sales of $ 346,233 and a net loss of $ 3,440,666. In the nine months ended January 31, 2013 Extenway had sales of $ 260,059 and a net loss of $ 2,191,604.
Mr. John McAllister, President and CEO, stated, "Following the quarter-end we finalized additional financing and are proceeding with installations which should increase revenues in subsequent quarters."
About Extenway Solutions
Extenway Solutions is a supplier of client-focused solutions for the healthcare industry. Services offered by Extenway include interactive television, beside terminals for patients, internet, entertainment, content integration, advertising, education and integrated solutions. Extenway allows organizations to optimize management and coordination of human interactions as well as communications, information and coordination. For further information, please visit extenway.com or follow us on Twitter @Extenway.
Certain statements that appear in this news release constitute forward-looking statements. These forward-looking statements relate to future financial conditions, results of operations or business of Extenway Solutions Inc. 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 involve significant 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. Extenway Solutions Inc. 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.
Mr. John McAllister
President and CEO
Extenway Solutions Inc.
(514) 694-4280 (FAX)
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