SOURCE: Thinkpath Inc.

May 14, 2007 07:00 ET

Thinkpath Inc. Announces $1.25 Million Contract With New Client

TORONTO -- (MARKET WIRE) -- May 14, 2007 -- Thinkpath Inc. (OTCBB: THPHF) today announced that it has secured a new business relationship with a world-wide leader in the defense industry. Thinkpath will be providing design, drafting, reverse engineering/optical scanning and technical illustration services on newly developed products. This is a multi-year contract with an initial value of approximately $1.25 million. Thinkpath has deployed a team of designers to work on-site at their new customer's facility to ensure maximum communications between teams and quality throughout the project. The rest of Thinkpath's team will work out of its Sterling Heights, Michigan facility.

Thinkpath's President and COO, Bob Trick, said, "This is an exciting opportunity for Thinkpath. To be able to secure a project of this size with a first time customer is a testament to Thinkpath's quality processes and proven delivery systems."

About Thinkpath Inc.

Thinkpath is a global provider of engineering solutions. The company's engineering and design services cover every facet of the project from concept to SLA prototyping to complete turnkey packages that deliver a finished, operating system. Thinkpath engineers handle the drafting, detailing and parametric modeling. They work in diverse engineering disciplines including aeronautical, civil, electrical, environmental, mechanical and structural engineering.

For further information about the company, visit us at: www.thinkpath.com.

Forward-Looking Statement

This press release contains forward-looking statements regarding Thinkpath Inc., its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause Thinkpath's actual business, prospects and results of operations to differ materially from those that may be anticipated by such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by Thinkpath in this news release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect Thinkpath's business.

Contact Information

  • For More Information Please Contact:

    Kelly Hankinson
    Chief Financial Officer
    Thinkpath Inc.
    Tel: 416-622-5200
    Fax: 416-622-5206
    Email: khankinson@thinkpath.com