Parta Dialogue Announces a 57% Revenue Increase and Positive EBITDA For the First 9 Months of Current Fiscal Year, Also Announc
April 23 2012 - 5:09PM
PR Newswire (Canada)
TSXV: PAD MONTREAL, and PARIS, France, April 27, 2012 /CNW Telbec/
- Parta Dialogue Inc. , experts in Social Campaign Optimization and
Social Learning, released results for the nine-month period ended
February 29, 2012. Revenues have increased by 57% compared to the
nine-month period ended February 28, 2011. Financial results for
the fiscal period ended February 29 2012 as well as a Director's
Report are available on the SEDAR website (www.sedar.com). Parta
announces an increase of 57% of its revenues compared to the
nine-month period ended February 28, 2011. PARTA has also announced
a positive EBITDA of $575 and a positive Adjusted EBITDA of $15,281
for the nine-month period ended February 29, 2012 compared to a
negative EBITDA and Adjusted EBITDA of ($163,234) for the
nine-month period ended February 28, 2011. "Our revenue increase,
coupled with the improvement of our financial ratios, is in line
with our growth plan. This growth is set to accelerate in the
coming months with the release of our next generation of products
in the eValue™ Suite," States Parta CEO, Paul Allard. The Board of
directors of the Corporation has also granted this day 200,000
options to subscribe to common shares of the Corporation to a
senior employee of the Corporation, such options being execrable at
an exercise price of $0.25$ per common shares, 100,000 of these
options being immediately fully vested, 50,000 vesting on April 26,
2013 and 50,000 vesting on April 26, 2014, providing such employee
is an employee of the Corporation as of such dates, the whole in
accordance with and subject to the Employee's Stock Options Plan of
the Corporation and to the applicable regulatory approvals. The
Company was also informed that M. Pierre Colas had to renounce to
his nomination to the board of the company due to internal
conformity potential issues related to his principal occupation.
Parta Dialogue will soon announce the nomination of a new
administrator that will fill this vacancy on the Company's Board.
About PARTA PARTA offers Social Media and Social Learning solutions
to its clients from offices in Montreal, Paris and Mexico. Many
visionary businesses already employ PARTA's solutions for internal
and external online engagement. Among these are Renault, Orange,
Michelin, Hydro-Québec, Iusacell (Mexico), Nestlé Waters and Crédit
Agricole. PARTA recently launched eValue™, a groundbreaking SaaS
tool that gauges the efficiency of social media brand presence in
real time. For more information, please visit
www.partadialogue.com. PARTA is listed on the TSX Venture Exchange
under the symbol PAD. PARTA has a subsidiary that specializes in
E-Learning and Social Learning, Edu-Performance Canada Inc
(www.eduperformance.com). "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." PARTA DIALOGUE
INC. CONTACT: Tom Liacas, VP Social Media+1 (514)
771-5120tom.liacas@partadialogue.com Paul Allard, President &
CEO+1 (514) 831-4245paul.allard@partadialogue.com
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