AtmanCo Inc.
TSX VENTURE : ATW

AtmanCo Inc.

May 27, 2015 07:00 ET

AtmanCo Announces the Results of First Quarter for 2015

MONTREAL, QUEBEC--(Marketwired - May 27, 2015) - AtmanCo inc. ("AtmanCo" or the "Company") (TSX VENTURE:ATW), a leader and innovator in web psychometric test solutions for the corporate market and the consumer market, announces its results for the quarter ending March 31, 2015.

Highlights

  • The Company announces revenues in the amount of $220,832 compared to revenues in the amount of $168,993 for 2014 comparable quarter.
  • As of March 31 2015, the Company's backlog of orders was in the amount of $663 455 compared to $661,942 on March 31, 2014.
  • As of March 31, the Company had cash totalling $1,258,988 compared to $499,571 on March 31, 2014.
  • Following web strategy efforts, the number of monthly visitors on the web site was up 1062% between April 2014 and March 2015.
  • Increase in sales related to the web strategy of over 300% for the quarter ended March 31, 2015 compared to the quarter ended December 31, 2014.

"Since technology is at the heart of our company, we have kept on investing large amounts of money in innovation activities during this last year and last quarter. The markets targeted by our API's consist of recruitment sites, applicant tracking systems (ATS), payroll systems and any other system where people's natural talents can be put to good use. The Large Public API targets different markets such as meeting websites and everything relating to individuals, families, couples, sport teams, etc." said President and CEO of AtmanCo, Michel Guay.

Above data includes a summary of highlights. For further information, please consult the Corporation's interim consolidated financial statement as well as the Management Report for the quarter ended March 31, 2015 at www.sedar.com

Forward-looking statements

This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. There is a risk that expectations and forward-looking statements will not prove to be accurate. Readers are cautioned not to place undue reliance on these forward-looking statements as they involve risks and uncertainties, which could make actual results differ materially from those projected herein and depend on a number of factors including, but not limited to, no history of profitability, future financing, intellectual property and patents, key personnel, competitive marketplace, technology obsolescence, share price volatility and other risks detailed from time to time in the Company's filings. While AtmanCo anticipates that subsequent events and developments may cause its views to change, AtmanCo specifically disclaims any obligation to update these forward looking statements, unless obligated to do so by applicable securities laws

Additional information regarding the Company are available on SEDAR www.sedar.com

ABOUT ATMANCO

AtmanCo is the publisher of a scientifically validated psychometric test. Through the HR cloud platform or the application program interface (API), the results allow the companies to optimize the talents of their human capital by improving the recruiting and organizational development success rate.

AtmanCo's solutions also enable impacting the major consumer market by easily integrating them with our partners' technological solutions.

The TSX Venture Exchange and its Regulatory Services provider (as per meaning assigned to this term in TSX Venture Exchange's policies) bear no liability as to the relevance or accuracy of this press release.

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