TORONTO, May 12, 2004 (PRIMEZONE) -- Thinkpath Inc. (OTCBB:THTHF) today announced that revenue from continuing operations increased in the 1st quarter by over $500,000 compared to the same period last year. Earnings, likewise, are expected to significantly improve as gross margins were maintained at 32%. First quarter financial results will be released next week.
Thinkpath is a global provider of technological solutions and services in engineering knowledge management, including design, drafting, technical publishing, and consulting. Thinkpath enables corporations to reinvent themselves structurally; drive strategies of innovation, speed to market, globalization and focus in new and bold ways. Thinkpath's expertise spans the aerospace, automotive, manufacturing and health care industries.
Further information about the company may be found 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.