AtmanCo Inc.
TSX VENTURE : ATW

AtmanCo Inc.

November 25, 2015 09:00 ET

AtmanCo Announces the Results of Third Quarter for 2015

MONTREAL, QUEBEC--(Marketwired - Nov. 25, 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 September 30th, 2015.

Highlights:

  • The Company announces revenues in the amount of $276,913 for the quarter ending September 30 2015, compared to revenues in the amount of $169,481 for the comparable 2014 quarter, an increase of 63%. For the nine months ending September 30 2015 and 2014, the revenues were $752,221 and $548,409, an increase of 37%.
  • As of June 30, 2015, the Company's backlog of orders was in the amount of $693,422 compared to $487,818 on September 30, 2014.
  • As of September 30, 2015, the Company had cash totalling $442,874 compared to $1,622,706 on December 31, 2014.
  • Following inbound web strategy efforts, the number of monthly visitors on the website reached close to 250,000 visitors for the nine months ending September 30, 2015, and 500 AtmanCo platform trials were completed by online clientele.
  • The Company signed a 3-year renewable strategic alliance agreement with VoxTel RNIS Telecommunications Inc., of an estimated value of $1 million, regarding the integration of AtmanCo's API (application programming interface) with VoxTel on-line dating website Quebec Rencontres.

« AtmanCo has recently developed and marketed its new API technology to the general public and is looking forward to the realization of its strategic alliance with Voxtel. This clearly demonstrates the enormous potential our API technology has within the consumer market » declared the 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 September 30, 2015 at www.sedar.com

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

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.

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.

Contact Information

  • SOURCE:
    AtmanCo Inc.
    Michel Guay
    CEO
    514.935.5959 ext. 301

    Simon Bedard
    CFO
    514.935.5959, ext. 304
    www.atmanco.com