Real Time Measurements Inc.

Real Time Measurements Inc.

January 02, 2008 18:28 ET

RTM Reports No Material Change

CALGARY, ALBERTA--(Marketwire - Jan. 2, 2008) - Real Time Measurements Inc. (TSX VENTURE:RTY) (FRANKFURT:3TM) ("RTY") announces that the Company's management is unaware of any material change in the company's operations or financial status that would account for the recent high levels of trading activity in the company's stock.

Additionally, RTY unaudited financial results for the first nine months of fiscal 2008 and the third quarter of fiscal 2008 are now available on SEDAR at and the company's website at Revenue for the nine month period ended October 31 2007 is 33% higher than last year, while expenses for the period are 22% lower. Revenue for this third quarter of fiscal 2008 quarter has increased year over year by 22% while expenses have increased by 4%.

The company is proceeding with its intended business plan which includes the following three general areas of activity:

a) Provision of Smart Drop Off (SDO), electronic instrument rental and data processing services in Canada.

b) Development of the DataTrak line of products. The first DataTrak product, the KC-1, was designed in-house and is being built by RTY. The first series of KC-1 tools have been successfully used and evaluated by a select group of RTY customers. Additional KC-1 tools have now been built and are in active commercial service. This development represents an important step in the ongoing DataTrak development program.

c) RTM provides surface readout pressure measurement and production logging services on a sub-contract in North Africa. Management is constantly working to capitalize on expansion opportunities in international locations as an integral part of the company's growth strategy. RTM products and services have valid applications anywhere there is oil and gas activity.

To ensure the success of the company, management is investing heavily in product development and the pursuit of new contractual opportunities to support future growth.

About Real Time Measurements

Real Time Measurements is a Canadian oil and gas technology development company that designs, builds and sells equipment and provides services to oil and gas companies in Canada and North Africa. The company uses innovative applications of recent technological developments to solve selected oil and gas upstream measurement problems in more efficient ways. The Company's primary business activity revolves around the commercial development of premium quality sensor-to-desktop data gathering systems which are used primarily in oil and gas wells.

The TSX Venture Exchange has not reviewed this release and it does not accept responsibility for its adequacy or accuracy.

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