Upland Global Corporation

Upland Global Corporation

November 08, 2005 17:32 ET

Upland Announces Year End Results

MONTREAL, QUEBEC--(CCNMatthews - Nov. 8, 2005) - Upland Global Corporation (TSX VENTURE:UPL) ("Upland") today announced its financial results for the year ended July 31, 2005. Revenue for the year ended July 31, 2005 was $2,503,560 compared to $5,806,682 in 2004. Net loss for the year ended July 31, 2005 was $316,360 compared to net earnings of $218,317 in 2004. Loss per share was $0.006 compared to earnings per share of $0.006 in 2004.

In addition Upland Global Corporation confirmed today the official appointment of Maury Jackson as a new Director.

Mr. William A. Urseth, Chairman of Upland, stated: "We are in the midst of re-organizing the methods and nature of the business we are currently involved in, and we believe that these changes will bring positive results."

Upland is a provider of payment processing and direct marketing services in Canada and the United States.

Contact Information

  • Upland Global Corporation
    William A. Urseth
    Chairman and Chief Executive Officer
    (514) 762-2645