Komunik Corporation
TSX : KOM

Komunik Corporation

September 14, 2007 19:30 ET

Komunik Announces Results for the First Quarter Ended July 31, 2007

MONTREAL, QUEBEC--(Marketwire - Sept. 14, 2007) - Komunik Corporation ("Komunik") (TSX:KOM) announces that is had filed its quarterly results and related Management's Discussion and Analysis for the first quarter ending July 31, 2007. These unaudited interim consolidated financial statements have been prepared by Komunik on the basis of currently available information and have not been reviewed by Komunik's auditors. These documents are available at www.sedar.com.

Komunik's revenues have increased significantly from $1.6M to $14.5M. Its earnings before income tax, depreciation and amortization (EBITDA) have almost doubled from $0.22M to $0.41M in the same period, considering the non-cash expense of stock based compensation.

These results include operations for the Komunik Konversation business unit (formerly Komunik) for the whole three months, but only 48 days of Datamark Systems Group Inc.'s ("Datamark") operations, being the period since the acquisition of Datamark by Komunik on June 12, 2007.

Finally, Komunik elected to keep its financial year-end in April. The business results are impacted due to seasonality in the business in general, and more specifically in the print sector.

Komunik's executive team have started executing their plan to transform Komunik Datamark's operations by notably implementing the following changes: reorganizing Komunik into three business units, closing the Markham plant and the announcement regarding the acquisition of Globel Direct, Inc., a company located in Calgary, Edmonton and Vancouver, through a plan of arrangement pursuant to the Companies Creditors Arrangement Act and Section 192(1) of the Business Corporations Act (Alberta).

"Komunik has initiated changes that will have profound impacts, not only on our structure but also on our corporate culture. We are confident that our plan to transform Komunik into a Canadian relationship marketing powerhouse will increase its performance and its position for growth" said Alain Paquin, President and Chief Executive Officer of Komunik.

"The integration of Datamark and its partial restructuring is reflected in the overall performance of the Company. Nonetheless, our balance sheet is strong with good current ratios and significant long-term assets", mentioned Sebastien P. Demers, Chief Financial Officer of Komunik.

About Komunik Corporation

Komunik is a leading provider of end-to-end solutions for Communication Resource Management. Through innovation and a nation-wide infrastructure, Komunik helps its clients increase the return on their investment. Komunik develops best of class technology, and provides expertise and support for document Management, multi-channel relationship marketing and overall print services. For more information about Komunik visit www.komunik.com.

Cautionary note about forward-looking statements

Some of the statements made in this release may constitute forward-looking information or statements within the meaning of securities laws. These statements are based on certain factors and assumptions, which Komunik believes are reasonable as of the current date. While Komunik considers these assumptions to be reasonable based on information currently available to them, they may prove to be incorrect. Komunik cautions that actual future performance could be affected by a number of factors, including technological change, regulatory change and competitive factors, many of which are beyond Komunik's control. Therefore, future events and results may vary substantially from what Komunik currently foresees. While Komunik may elect to, it is under no obligation (and expressly disclaims any such obligation) and does not undertake to update or alter this information.

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