LAS VEGAS, Oct. 23, 2008 (GLOBE NEWSWIRE) -- MetaPower International, Inc. (Pink Sheets:MTPR) is pleased to announce that the Company has increased its September 2008 Consolidated Booked Sales by 95% over September 2007. The Company generated $729,590 for September 2008, an increase of $356,297 versus September 2007. Additionally, MetaPower International's majority-owned subsidiary, MetaPower Canada, generated $950,158 in Consolidated Booked Sales for September 2008, a 45% increase over the same period in 2007.
MetaPower International generates monthly revenue from its consulting services and its UCoDA Business Process Management module maintenance fees. The Company has licensed its UCoDA module for use on projects with clients in Nevada and Kansas, among others.
UCoDA is a fully-functional, Web-based business process engine that manages applications in the heavy process industries. This program has the capability to implement, track and improve virtually any business process, and support performance management such as events, assessments and observations. It can also be used for design management, including design changes and actions, meetings, discussions or evaluation, and it can assist with time keeping and work orders and actions.
"We have had another great month of sales for September in 2008 and are continuing to move toward the goals that we have set down for ourselves at the beginning of this year. We're seeing a steady increase in our revenues and as we prepare to close out 2008, we anticipate seeing even greater earning into 2009," stated Ken Allen, CEO of MetaPower International, Inc.
About MetaPower International, Inc.:
MetaPower International, Inc. is a technology firm founded in 1996 that provides information technology and change management services to hazardous process industries. This link between technology and services is critical to enable the changes necessary to successfully compete in the current environment. In today's competitive world, business operations must be streamlined if new levels of performance and operational excellence are to be achieved.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.