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Share Name Share Symbol Market Type
TSXV:EY TSX Venture Common Stock
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Extenway Solutions Inc. Announces Filing of Financial Statements

26/08/2011 6:33pm

Marketwired Canada


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,
2011, 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, 2011 Extenway had sales of $ 241,103 and a
net loss of $ 396,743 compared to sales of $ 53,847and a net loss of $ 79,507 in
the same period of the prior year. In the year ended April 30, 2010 the company
had sales of $ 443,504 and a net loss of $2,429,270 compared to sales of $
232,603 and a net loss of $ 1,834,920. 


Mr. John McAllister, President and CEO, stated, "The quarter and year benefited
from the sale to Memorial Sloan-Kettering in New York City. A substantial number
of Requests for Proposal have been responded to and 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 healthcare and hospitality industries. The Company's services
include Bedside Terminal Solutions, Interactive Television 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.


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