Lombardi Media Corporation
TSX VENTURE : LC

June 30, 2005 09:15 ET

Lombardi Media Corporation Reports First Quarter Financial Results

TORONTO, ONTARIO--(CCNMatthews - June 30, 2005) - Lombardi Media Corporation (TSX VENTURE:LC) announces revenue of $9,747,737 for the fiscal three month period ended April 30, 2005, compared to $8,023,024 in the first quarter of the previous fiscal year, representing an increase of 21%. Net after-tax earnings for the fiscal three month period ended April 30, 2005 were $492,117 ($0.05 per share) compared to $589,097 ($0.06 per share) in the first quarter of the previous fiscal year, representing a decrease of 16%.

Lombardi Media Corporation is a publishing and direct marketing company. The Company publishes consumer newsletters, books and information databases in print and on-line format for approximately 250,000 customers in addition to providing a broad range of direct marketing services to the Canadian direct marketing industry.

The TSX- Venture Exchange has neither approved nor disapproved of the information contained herein.

Contact Information

  • Lombardi Media Corporation
    Carlo Cucullo
    CFO
    (905) 760-9929 X230