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EMHD Egshares EM Dividend High Income Etf

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Name Symbol Market Type
Egshares EM Dividend High Income Etf AMEX:EMHD AMEX Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0 -

EMTA Holdings Reports Record Monthly Revenues of $657,000 for March 2008; This Represents a 45% Increase from February 2008

02/04/2008 2:00pm

PR Newswire (US)


Egshares EM Dividend High Income Etf (AMEX:EMHD)
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Company Generates $229,000 in Positive Cash Flow for the month of March 2008 SCOTTSDALE, Ariz., April 2, 2008 /PRNewswire-FirstCall/ -- EMTA Holdings, Inc., (OTC:EMHD) (BULLETIN BOARD: EMHD) , maker of XenTx(TM), Synergyn(TM) and other engine treatment and fuel efficiency products, has today announced record monthly revenues of $657,000 for the month of March 2008, which represents a 45% increase in sales from the previous month. In addition the Company is pleased to announce that it has generated $229,000 in positive cash flow (for March 2008), the second consecutive month that the Company has accomplished this goal. Results for March 2008 were slightly higher than projected which reflects that the Company's growth strategy is being successfully implemented and is on schedule. Revenues for the last quarter of this fiscal year are $1,245,000 which represents a 300% revenue increase from the previous quarter and is the first time revenues exceeded $1.0M in any quarter. Based on the current orders and the availability of raw materials, management has introduced the following revenue guidance range for the month of April 2008, the first month of Fiscal Year 2009, at between $775,000 and $1,025,000. EMTA Chief Executive Mr. Edmond Lonergan commented on the March 2008 results, "For the second consecutive month, the Company has experienced very strong demand for its products from both domestic and international customers. The Company did experience some temporary growing pains, as a result of the significant new customer orders. Management focused a great deal of attention, during the month of March, on permanently addressing these issues so moving forward our revenue growth can continue uninterrupted. We expect to demonstrate strong results for the month of April 2008, while the intermediate and longer term prospects remain very positive." About EMTA Holdings EMTA Holdings, Inc., (OTC:EMHD) (BULLETIN BOARD: EMHD) develops and manufactures innovative products to conserve energy, particularly for petroleum-based fuels. The Company's engine and fuel additives are marketed under the brands XenTx(TM), Synergyn(TM), CleanBoost(TM) and Fusion Lubricants brands, and are sold both to commercial and retail customers. They are available from key distributors, major automotive retailers and online at http://www.emtacorp.com/store. For additional information on EMTA products, please visit http://www.xentx.com/. Forward-Looking Statements: This press release discusses certain matters that may be considered "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the intent, belief or current expectations of EMTA Corp. ("the Company") and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could materially affect actual results such as, but not limited to: the ability of the Company to raise necessary capital; to attract and retain effective management; the lack of viable commercial applications or the failure of third-party contractors to perform their contractual obligations. Prospective investors are also referred to the other risks identified from time to time in the Company's reports and registration statement filed with the Securities and Exchange Commission. CONTACT: Carla Hintz The Wells Group, Inc. 480-391-7400 Or Paula C. Wright VP IR/PR/Media EMTA Holdings, Inc. 480-607-0251 DATASOURCE: EMTA Holdings, Inc. CONTACT: Carla Hintz of The Wells Group, Inc., +1-480-391-7400, , for EMTA Holdings, Inc.; or Paula C. Wright, VP IR-PR-Media of EMTA Holdings, Inc., +1-480-607-0251, Web site: http://www.emtacorp.com/

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