SOURCE: Thinkpath Inc.

May 21, 2007 09:45 ET

Thinkpath Retains ROI Group as Investor Relations Counsel to Execute Comprehensive Investor Outreach Program

TORONTO -- (MARKET WIRE) -- May 21, 2007 -- Thinkpath, Inc. (OTCBB: THPHF), a global leader in engineering and design services, announced today it has retained ROI Group LLC ("ROI") to provide a comprehensive, proactive investor relations program for the Company.

"We anticipate revenues to accelerate and operating results to improve materially this year and beyond, thus creating an exciting growth story to communicate as we strive to maximize our position as a global provider of engineering design services and on-site engineering support," said Declan French, Chairman and CEO of Thinkpath. "We believe now is the time to retain ROI Group to proactively represent Thinkpath to the investment community. With their significant expertise in working with micro- and small-capitalization companies, we believe they can meet our goals of increasing our U.S. and Canadian shareholder base, and better aligning our market value with the fundamentals of our rapidly growing business."

ROI will execute a proactive investor outreach program designed to highlight Thinkpath's attractive investment story. ROI will also seek to increase the visibility of the Company and its common stock traded in the U.S., and enhance investor recognition and shareholder value. Working closely with Thinkpath management, ROI will communicate to the financial community Thinkpath's business strategies for rapid growth to targeted customers in such industries as defense, aerospace, logistics, pharmaceuticals, healthcare, and manufacturing, as well as Thinkpath's financing plans.

Robert Giordano, Managing Director of ROI, stated, "We are pleased to represent Thinkpath and are confident we can increase the Company's awareness amongst U.S. and Canadian investors. Thinkpath now appears positioned to realize dynamic revenue growth, and more importantly, generate positive earnings before interest and taxes, this year, and going forward. We believe through a proactive and comprehensive investor relations program Thinkpath can substantially improve its visibility, and develop a broader shareholder base within the investment community."

About Thinkpath

Thinkpath Inc. (OTCBB: THPHF) is a global provider of engineering design services and on-site engineering support. Customers include defense contractors, aerospace, logistics, healthcare, pharmaceutical and manufacturing companies, including Johnson and Johnson, Lockheed Martin, General Dynamics, Siemens, FedEx, L-3, and Cummins Engines.

Positioned in growth industries, Thinkpath targets customers with high growth potential, such as defense, medical devices and logistics. Thinkpath is poised to benefit from increased demand generated by these targeted industries, and customers, that increasingly rely on project engineering design and technical staffing services.

For over 25 years, Thinkpath has helped companies achieve success with design and engineering objectives from office design centers located in the US and Canada, and partner in India. Our vision is to build lasting partnerships with our clients by delivering cost-effective, quality, project engineering services; thus allowing us national and international scope, a respected, public company and a significant player in the defense, medical devices, and material handling industries. For further information click on www.thinkpath.com

About ROI Group LLP

ROI Group LLP is a New York-based investor relations firm which acts as a strategic advisor for smaller public companies with extraordinary growth potential. ROI (www.roiny.com) assists clients in gaining exposure with retail and institutional investors, raising capital, locating and completing acquisitions, and developing research and investment banking relationships. All of this is done as an integral part of a systematic, long-term investor relations program. Programs include personal and electronic outreach components and are customized to meet the needs-of each client.

SAFE HARBOR STATEMENT: Certain statements in this news release may constitute "forward-looking" statements within the meaning of section 21E of the Securities and Exchange Act of 1934. The Company believes that its expectations, as expressed in these statements are based on reasonable assumptions regarding the risks and uncertainties inherent in achieving those expectations. These statements are not, however, guarantees of future performance and actual results may differ materially. Some of the factors that may affect the forward looking statements in this news release are the ability to grow our business, attract new or retain existing customers, or attract and retain our professional staff, and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. Thinkpath, Inc. takes no obligation to update or correct forward-looking statements.

Contact Information

  • Contact:
    Michael Dodge
    ROI Group LLP
    39 Broadway
    NY, NY 10006
    212.495.0744
    mdodge@roiny.com