SOURCE: Maisonette International Enterprises

March 20, 2006 11:18 ET

Total Home Solutions, Inc. Financials For 2005

VANCOUVER, BC -- (MARKET WIRE) -- March 20, 2006 -- Total Home Solutions, Inc. ("The Company"), a holding of Maisonette International Enterprises Ltd (OTC: MAEN) is pleased to announce its un-audited financial results for the year 2005.

For the year 2005, the Company recorded a total net loss of US$11,444.81 on sales of US$230,428.81 (including licensing revenues) compared to a 2004 net loss of US$85,733.50 on sales of US$37,604.24. This represents an increase in sales of 612.77% y-o-y from 2004 to 2005, and a net reduction in net loss of over 86% y-o-y. Licensing revenues in 2005 were US$32,485, and interest earned in 2005 was US$6.78.

Below are some of the highlights of the 2005 financial results compared to 2004:

*          Gross sales excluding licensing revenues up 426.40%
*          Gross profits excluding licensing revenues up 915.80%
*          Advertising and Media promotion up 56.90%
*          Professional services up 25.70%
*          Total expense up 63.50%
The Management of the Company is extremely pleased with the results and is expecting to be in a positive net earnings position for fiscal 2006. Sales are expected to be in the range of US$300,000 without licensing revenue. Licensing revenues should continue in 2006 and beyond. The company has sufficient cash flow to continue its operations in 2006 and has contracted a third party company in Vancouver, Canada to manage all its operations, thus, eliminating any expenses in payroll for the Company.

Alain Ghiai, Chairman of the Company added: "I am very pleased with the efforts of the Total Home Solutions team. Our vice- President, Amy Boyd and her team has done a tremendous job at increasing sales, developing new partnerships with our various vendors and media publications featuring Total Home Store , and managing the growth of our online store that comes with its many challenges. 2005 was a pivotal year for Total Home Solutions, as we have finally ironed out the wrinkles opposing our further growth. We have contracted a new and state of the art logistic center, reduced our cost Per Acquisition "CPA" from a high of US$35 to an average of US$5 and Amy has successfully initiated and managed our partnership with Canada Post-Borderfree, giving us a new foothold in Canada with limited expense. This has helped reduce our previous loss and is helping our profit model. With the numerous online properties we are planning to open, and with the technology we are planning to deploy in the coming years, I am confident that the long term growth strategy set by Amy and her team will yield solid results for our respective parent companies. I encourage everyone to visit our online stores and enjoy the more than 800 products we have to offer you."

As previously stated in prior news releases, the company is planning to open its new high-end home décor online property sometime in June 2006. This new property should contribute somewhat to revenues and earnings in 2006, but will most likely produce greater contribution in 2007. The company has entered into several partnership agreements with other media and marketing companies and will detail each partnership in future press releases coming soon.

About Maisonette International Enterprises Ltd.

Maisonette International Enterprises Ltd. is a publicly held holding company incorporated in Nevada, USA. Its assets include several holdings operating in the USA, Canada and the United Kingdom with interests in e-Business, electronic payment processing, online retailing and lifestyle content, and prefabricated housing and building materials for the general public and professionals.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward- looking statements that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors affecting the Company's operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission. There may be other factors not mentioned above that may cause actual results to differ materially from any forward- looking information.


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