Cantronic Systems Inc.
TSX VENTURE : CTS

Cantronic Systems Inc.

October 03, 2005 10:00 ET

Cantronic Systems Reports 46% Growth in the Second Quarter

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 3, 2005) - Cantronic Systems Inc. (TSX VENTURE:CTS) the security industry's leading supplier of infrared thermal and active-infrared night vision surveillance equipment, today reported record revenues for the three and six-month periods ended July 31, 2005.

For the Company's second quarter of fiscal 2006, revenues increased 46% to $610,462 as compared to $418,902 for the same quarter last year. A net loss of $134,667 was recorded for the quarter-ended July 31, 2005 as compared to a net loss of $26,483 for the quarter end July 31, 2004. The loss per share was $0.004 as compared to $0.005 for the same period.

For the six months, ended July 31, 2005 revenues were $1,647,276 an increase of 27%, over revenues of $1,297,128 for the six months ended July 31, 2004.

James Zahn, President & CEO of Cantronic Systems Inc. stated, "We are delighted with our performance, we are making in roads into the North American and European Markets and investing in infrastructure to ensure we manage our anticipated growth".

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

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