SOURCE: OJsys, Inc.

July 12, 2007 13:29 ET

OJsys, Inc. Announces Strong 1st Quarter in 2007

SAN FRANCISCO, CA--(Marketwire - July 12, 2007) - OJsys, Inc. (PINKSHEETS: OJSY) announced that its first quarter 2007 revenues reached $1,780,000, an increase of 165% over the same Q1 figures in 2006. Henri Joubaud, CEO of OJsys, said, "Given the sales revenue trend usually starts to increase beginning in May each year, we are optimistic that our revenue target of $12M in calendar year 2007 can be achieved."

About OJsys, Inc:

OJsys, Inc., established in April of 2000, develops and manufactures various broadcasting receivers/Set-top Boxes, i.e. satellite receivers, terrestrial receivers, IP set-top boxes, receiver-plus-DVD-RW combos, etc., and media center PC devices including satellite receiver and digital recording (PVR) functions. OJsys markets its products to Europe, Japan, the Middle East, Asia and the United States. More information about OJsys is available at, or contact Core Consulting Group:

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to the safe harbors created thereby. These forward-looking statements are based on current expectations and projections about future events and financial trends. The words or phrases "believe," "will," "expect," "should" and similar words or expressions are intended to identify forward-looking statements. In addition, any statements that refer to expectations or other characterizations of future events or circumstances are forward-looking statements. The forward-looking statements are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including, among other things, a concentration in the Company's revenue from certain services and clients, a limited backlog, the Company's ability to expand its markets, limited financial resources, dependence on key personnel, the integration of acquired businesses and competitive market conditions. These are representative of factors which could affect the outcome of the forward-looking statements. In addition, such statements could be affected by general industry and market conditions and growth rates, general domestic and international economic conditions and future incidents of terrorism or other events that may negatively impact the markets in which the Company competes. The Company undertakes no obligation to publicly update or revise any forward-looking statements because of new information, future events or otherwise.

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