Diagnos Inc.

Diagnos Inc.

March 04, 2008 11:10 ET

DIAGNOS Reports Record Revenue for its Third Quarter

BROSSARD, QUEBEC, CANADA--(Marketwire - March 4, 2008) - DIAGNOS inc. ("DIAGNOS" or the "Corporation") (TSX VENTURE:ADK), a leader in the use of artificial intelligence ("AI") and advanced knowledge extraction techniques, announced last February 28, the financial results of its third quarter of fiscal year 2008.

During the third quarter ended December 31, 2007, DIAGNOS reported record revenue of $839,278, an increase of 721% compared to the third quarter of the fiscal year 2007. Furthermore, the Corporation reported a profit of $128,724 representing the second profitable quarter in a row compared to a loss of $257,286 for the third quarter of the fiscal year 2007.

Third Quarter Highlights

- 10 new contracts for CARDS (Computer Aided Resources Detection System) services

- Revenue growth of 721%

- 3 contracts larger than $200,000

- Strong momentum with major partners throughout Canada and the USA

"We are pleased with the results of the third quarter," said Andre Larente, President and CEO of DIAGNOS. "The strong financial and operational performance demonstrates solid execution on all fronts. Our business strategy is focused, clear and consistent. Our strategy is strong, beginning with the unmatched quality of our team and customer base."

For further information, please visit our Website at www.diagnos.ca. The Corporation's objective is to develop a royalty stream by significantly enhancing and participating in the exploration success rate of mining and oil and gas companies.

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

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