Quizam Media Corp.
TSX VENTURE : QQ

Quizam Media Corp.

October 30, 2006 09:30 ET

Quizam Software Posts Profitable Quarter; Revenues up 700%

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 30, 2006) - Quizam Media Corporation ("Quizam" or "the Company") (TSX VENTURE:QQ) is pleased to announce a First Quarter Operational Profit of $187,908 on sales of $343,536. Furthermore, after factoring in Software Development costs of $125,914 the company's Net Income for the quarter is $62,163.

This is a significant improvement over the same period last year or for that matter, any quarter of last year. Compared to the same period last year revenues have increased by a factor of 7 times and profit has increased by more than $250,000

Russ Rossi, President of Quizam, commented on the results, "Obviously we are very pleased with the company's performance. Quizam is gaining Global Momentum. One year ago we were in a handful of local schools. Today we are in over 70 schools world wide representing more than 50,000 students. Our growing Quiz Library now features over 1200 quizzes. We expect this to expand exponentially in coming months."

About Quizam Media Corporation (www.quizam.com)

Quizam Media Corporation is currently launching sales of Quizam 2.0 Software, a compelling Computer-Based Assessment tool that utilizes time-tested quizzing methods to empower students to learn in an environment where their assessment is instantaneous and their learning curve is accelerated. Students that use Quizam learn faster and score higher. Quizam's mission is to empower over a billion school-aged children and university students globally with relevant, effective and fun study aids.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and nature of potential acquisitions, joint ventures, partnerships, business dealings and financings, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release.

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

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