SOURCE: Market Pulse

April 11, 2006 08:30 ET

Market Pulse Breaking News Alert for Tuesday, April 11, 2006: ATVE -- ActiveCore Announces Record Revenues of $7.4 Million an Increase of 104% Growth Over Prior Year!

Note to Editors: The Following Is an Investment Opinion Being Issued by Market Pulse.

ATLANTA, GA -- (MARKET WIRE) -- April 11, 2006 -- Market Pulse News Alert for this AM, Stocks to Watch are: ActiveCore Technologies, Inc. (OTC BB: ATVE), Capstone Turbine Corp. (NASDAQ: CPST), Oralabs Holding Inc. (NASDAQ: OLAB) and Alcoa Inc.(NYSE: AA).

Investors need to be watching ActiveCore Technologies, Inc. (OTC BB: ATVE) this AM! ActiveCore develops, sells and implements a Smart Enterprise Suite (SES) that offers products and services that integrate, enable, and extend functions performed by current and legacy IT systems. ActiveCore operates a group of subsidiaries and divisions in the U.S., U.K., and Canada. The company is organized into two distinct divisions to deliver its products and services; the Systems Integration & Modernization Division and the Corporate Disclosure and Messaging Division. ActiveCore's products encompass web portals, enterprise middleware, mobile data access, data management and system migration applications. ActiveCore is a rapidly growing software company that concentrates its energies in such industries as healthcare, financial services, government, and manufacturing worldwide. The company's newest product offering VideoCast has garnered tremendous interest and is shaping up to become a star in the division's product lineup. ATVE has had several excellent news announcements out lately and one again before today's opening bell announcing record revenues of $7.4 million, representing an increase of 104% growth over the prior year, and targets a major acquisition in 2006! Investors should be watching this one closely!

ActiveCore Technologies, Inc. (OTC BB: ATVE), a Company that operates a group of subsidiaries and divisions in the US and Canada that offer a Smart Enterprise Suite of products, is pleased to announce financial results for the year ended December 31, 2005. The Company expects to file its Annual Report on Form 10-KSB on April 12, 2006.

Record Revenues

For the year ended December 31, 2005, the Company reported record revenues of $7.4 million, which represent an increase of 104% compared to revenues of $3.6 million (1) reported during 2004. For the Company's fourth quarter ended December 31, 2005, the Company reported revenue of $2.75 million, which was consistent with previously issued guidance.

Additionally, the Company reported a net loss in accordance with U.S. Generally Accepted Accounting Principles of $116,564 during its fourth quarter. These results are consistent with the Company's previously issued fourth quarter guidance, which indicated that the Company has expected to report a net loss of between $0 and $200,000.

On an adjusted basis (2), the Company reported adjusted net income of $346,025 for its fourth quarter ended December 31, 2005. This amount was also consistent with the Company's previously issued guidance of $200,000-$400,000, which it issued at the end of its third quarter of 2005.

AcitveCore Chairman & CEO, Peter Hamilton stated, "Our record revenue performance in 2005, coupled with our continued improvement from a profitability perspective in the fourth quarter was a result of our aggressive growth strategy. We grew the Company both organically and through strategic acquisitions to provide us with a robust revenue-generating base. It is our intention to continue aggressively growing the Company in the months and years to come."

"This represents 2 successive quarters where we have been in line with our guidance. Our new CFO Efrem Ainsley has demonstrated that he has excellent visibility of all aspects of the business and the ability to consistently and accurately provide guidance for ActiveCore shareholders," said Peter Hamilton.

Outlook for 2006

The Company also announced that it expects its revenues for 2006 to be in the range of $12-$14 million. From a profitability perspective, the Company expects to report adjusted net income for 2006 in the range of $750,000-$1,250,000. These numbers do not include the impact of any acquisitions which get completed during 2006. As has been previously disclosed, ActiveCore continues to work with Pathpoint Capital Partners to complete the Company's next acquisition. Any acquisition would be accretive to the Company's 2006 outlook.

2006 Acquisition

The Company has identified several suitable targets and is currently working with Pathpoint Capital Partners to acquire one of these targets. It is the Company's current strategy to complete an acquisition that would be material relative to its current size. Any acquisition is expected to be within the Company's Messaging Division. The Company would like to expand its offerings to become a major player in the North American "Unified Messaging" market place. This market sector is currently occupied by companies such as J2 Global.

Peter Hamilton stated, "ActiveCore has clearly demonstrated much improved financial performance in its third and fourth quarters of 2005. We anticipate carrying that trend forward into 2006. We have come a long way towards building our infrastructure, assembling a winning management team and putting together a great group of operating units. We are now poised to take full advantage of the opportunities being presented to us in 2006."

About ActiveCore Technologies, Inc. (www.ActiveCore.com)

ActiveCore Technologies, Inc., operates a group of subsidiaries and divisions in the U.S. and Canada that offer a Smart Enterprise Suite of products and services. We integrate, enable, and extend functions performed by current and legacy IT systems. Our products encompass web portals, enterprise middleware, mobile data access, data management and system migration applications. The Systems Integration & Modernization Division of ActiveCore operates under the trade names of CRATOS, MDI Solutions and TwinCentric. The Corporate Disclosure and Messaging Division of ActiveCore operates under the trade names C Comm Network Corporation, DisclosurePlus and ActiveCast. ActiveCore services clients in health care, financial services, government and manufacturing worldwide.

Stocks in the news and acting well as of late include: Capstone Turbine Corp. (NASDAQ: CPST), Oralabs Holding Inc. (NASDAQ: OLAB) and Alcoa Inc. (NYSE: AA).

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