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  • Innuity
    000 and 300 000 for accretion of debt discount and provision for bad debts during the first quarter of 2006 Consolidated revenues were 10 5 million for the six months ended June 30 2006 compared to consolidated revenues of 3 0 million for the six months ended June 30 2005 The Company s loss from operations was 4 6 million for the six months ended June 30 2006 compared to a loss from operations of 4 7 million during the same six months in 2005 The Company s net loss for the six months ended June 30 2006 was 5 0 million compared to a net loss of 4 8 million for the same six months in 2005 The integration of our search engine marketing and point of sales acquisitions into our Promotion and Commerce divisions has driven our substantial year over year revenue increase said John Wall chairman and chief executive officer of Innuity These positive revenue results continue to support our premise that small businesses need cost effective technology products that help them manage their business cycle Wall continued We continue to drive to cash breakeven and have made significant progress over the last two quarters towards this important goal Our net loss for Q2 2006 before non cash items was 700 000 an improvement of 400 000 from a 1 1 million net loss before non cash items during Q1 2006 About Innuity Headquartered in Redmond WA Innuity is an Internet technology company that designs acquires and integrates applications to deliver solutions for small business The company s Internet technology is based on an affordable on demand model that allows small businesses to simply interact with customers business partners and vendors and efficiently manage their businesses Innuity delivers its on demand applications through its Internet technology platform

    Original URL path: http://innuity.com/page/1n1xw/News_2006/August_2006.html (2016-01-08)
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  • Innuity
    WA Innuity is an Internet technology company that designs acquires and integrates applications to deliver solutions for small business The company s Internet technology is based on an affordable on demand model that allows small businesses to simply interact with customers business partners and vendors and efficiently manage their businesses Innuity delivers its on demand applications through its Internet technology platform Innuity Velocity The Velocity technology platform enables use based pricing provides the opportunity to choose applications individually or as an integrated suite and ensures minimum start up costs and maintenance For more information on Innuity go to www innuity com This press release contains statements and information about management s view of Innuity s future expectations plans and prospects that constitute forward looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995 These statements are subject to risks and uncertainties that could cause actual results and events to differ materially from those described including risks and uncertainties associated with general economic conditions Innuity s inability to sufficiently anticipate market needs and develop products and enhancements that achieve market acceptance higher than anticipated expenses in future quarters and Innuity s working capital deficit and its ability to continue as a going concern In addition Innuity s target small business market is very fragmented and difficult to reach and it has therefore chosen to rely on the business relationships that large companies already have with large numbers of small businesses in order to reach its target market Innuity does not have any long term contracts with any of its existing customer acquisition partners nor does it anticipate entering into long term contracts with any of these partners which are generally not restricted from working with Innuity s competitors Accordingly Innuity s success will

    Original URL path: http://innuity.com/page/1n1xu/News_2006/May_19_2006.html (2016-01-08)
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  • Innuity
    of amortization of prepaid royalty costs 255 000 of accretion of debt discount and 311 000 of depreciation amortization and other non cash charges Non cash charges for the first quarter of 2005 were 3 0 million which include a charge of 2 5 million for share based payments 416 000 of amortization of prepaid royalty costs 21 000 of accretion of debt discount and 80 000 of depreciation amortization and other non cash charges Innuity ended the first quarter of 2006 with a working capital deficit of 3 6 million Innuity s revenue increase year over year reflects the results of our strategic Internet marketing and POS systems acquisitions as well as the launch of www innuitydirect com our direct sales engine for all business lines said John Wall chairman and chief executive officer of Innuity These acquisitions have added a strong set of new online marketing applications and POS management systems to our small business product offerings and customers are responding very positively Wall continued During this period we also continued to aggressively invest in company infrastructure product integration sales and marketing and development in an effort to assimilate and grow our new business lines and successfully bring all products to market We plan to enrich and expand our product offerings in 2006 in order to help small businesses cost effectively grow their revenues reach and serve customers and run everyday operations About Innuity Headquartered in Redmond WA Innuity is an Internet technology company that designs acquires and integrates applications to deliver solutions for small business The company s Internet technology is based on an affordable on demand model that allows small businesses to simply interact with customers business partners and vendors and efficiently manage their businesses Innuity delivers its on demand applications through its Internet technology platform

    Original URL path: http://innuity.com/page/1n1xt/News_2006/May_12_2006.html (2016-01-08)
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  • Innuity
    These non cash charges for 2005 of 5 6 million include 3 million for share based payments 1 7 million amortization expense relating to prepaid royalties and 900 000 for depreciation and amortization expense for 2005 Non cash charges for 2004 included 1 4 million for depreciation and amortization and 800 000 for asset impairment The increase in the company s operating and net losses was due primarily to acquisition activity and building the necessary technology integration and corporate infrastructure to enable Innuity to continue its strategic growth strategy and to meet the reporting requirements of a publicly traded company Innuity ended 2005 with a working capital deficit of 2 2 million Innuity had a landmark year in 2005 in that we made two strategic acquisitions that expand our promotion and commerce offerings to small businesses and we successfully achieved public reporting company status said John Wall chairman and chief executive officer of Innuity We see 2006 as a year of continued expansion of our product offerings that benefit small businesses looking to grow their revenues reach and serve their customers and run everyday operations About Innuity Headquartered in Redmond WA Innuity is an Internet technology company that designs acquires and integrates applications to deliver solutions for small business The company s Internet technology is based on an affordable on demand model that allows small businesses to simply interact with customers business partners and vendors and efficiently manage their businesses Innuity delivers its on demand applications through its Internet technology platform Innuity Velocity The Velocity technology platform enables use based pricing provides the opportunity to choose applications individually or as an integrated suite and ensures minimum start up costs and maintenance For more information on Innuity go to www innuity com This press release contains statements and information about management

    Original URL path: http://innuity.com/page/1n1xs/News_2006/March_2006.html (2016-01-08)
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  • Innuity
    held a special meeting of shareholders at which shareholders approved proposals to change the company s name and to adopt the company s stock option plan Innuity offers integrated Internet technology solutions to small businesses and is managed by the former executive team and board of directors of Vista About Innuity Headquartered in Redmond WA Innuity offers integrated Internet technology solutions designed to help small businesses grow their revenues reach and serve consumers and run everyday operations Innuity integrates its core services and products on a proprietary Internet technology platform a place where small businesses effectively reach and serve their consumers efficiently conduct their operations and transactions and seamlessly access vital information about their consumers businesses and partners For more information on Innuity go to www innuity com Vista com is a registered trademark of Vista com Inc a wholly owned subsidiary ofInnuity This press release contains statements and information about management s view of the Innuity s future expectations plans and prospects that constitute forward looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995 These statements are subject to risks and uncertainties that could cause actual results and events to

    Original URL path: http://innuity.com/page/1n1xo/News_2004_-_2005/December_2005.html (2016-01-08)
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  • Innuity
    terms of the merger agreement as consideration Vista shareholders will receive one share of Innuity common stock for each share of Vista common stock held by them Innuity also assumed all of Vista s outstanding options warrants and convertible promissory notes Vista will operate as a wholly owned subsidiary of Innuity with the intention that Vista becomes one of Innuity s business lines Innuity will offer integrated Internet technology solutions to small businesses and will be managed by the former executive team and board of directors of Vista This merger with a public company rapidly accelerates our vision of helping millions of small businesses efficiently run and grow their everyday businesses said John Wall new chairman and chief executive officer of Innuity We have two divisions in place with a total of four business lines supplying on demand applications to small businesses and we plan to initiate efforts to build out a third division in the near future About Innuity Headquartered in Redmond WA Innuity offers integrated Internet technology solutions designed to help small businesses grow their revenues reach and serve consumers and run everyday operations Innuity integrates its core services and products on a proprietary Internet technology platform a place where small businesses effectively reach and serve their consumers efficiently conduct their operations and transactions and seamlessly access vital information about their consumers businesses and partners For more information on Innuity go to www innuity com Vista com is a registered trademark of Vista com Inc a wholly owned subsidiary of Innuity Innuity is a registered trade name in the State of Utah This press release contains statements and information about management s view of the Innuity s future expectations plans and prospects that constitute forward looking statements for purposes of the safe harbor provisions under the Private Securities

    Original URL path: http://innuity.com/page/1n1xk/News_2004_-_2005/November_2005.html (2016-01-08)
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  • Innuity
    management team and board of directors of Vista The combined company s business will focus on offering integrated Internet technology solutions to small businesses This merger will accelerate our strategic growth plans by providing access to public capital markets for funding corporate expansion and potential acquisition activity said John Wall who will become the chairman and chief executive officer of the combined company Today we ve taken an important step towards fulfilling our promise of providing small businesses with the resources they need to efficiently run and grow their everyday business The companies expect the merger to close in November 2005 About Source Energy Source Energy has been in the business of oil and gas exploration and production About Vista Headquartered in Redmond WA Vista offers integrated Internet technology solutions designed to help small businesses grow their revenues reach and serve consumers and run everyday operations Vista integrates its core services and products on a proprietary Internet technology platform a place where small businesses effectively reach and serve their consumers efficiently conduct operations and transactions and seamlessly access vital information about their consumers business and partners For more information on Vista go to www vista com Vista com is a registered trademark of Vista com Inc more This press release does not constitute an offer of any securities for sale This press release contains statements and information about management s view of the Company s future expectations plans and prospects that constitute forward looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995 These statements are subject to risks and uncertainties that could cause actual results and events to differ materially from those anticipated including risks and uncertainties associated with the possibility that the merger may not close the realization of anticipated

    Original URL path: http://innuity.com/page/1n1xe/News_2004_-_2005/October_2005.html (2016-01-08)
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  • Innuity
    design A restaurant owner for example can select a template upload the logo post a menu and begin processing take out orders or online reservations all in the same day Under the current offer a business Web site package is complimentary for the first 12 months to SAM S CLUB Canada members A 10 monthly fee or 100 annual fee will apply after 12 months The current offer further provides that sites with e commerce capabilities will be available for the first year at a rate of 10 per month or 100 for the first year and at a rate of 20 per month or 200 per year after 12 months Vista com phone and online technical support are available 24 hours a day seven days a week free of charge Companies typically pay hundreds or thousands of dollars to develop a professional Web site plus pay for ongoing support Vista and SAM S CLUB have dramatically reduced the cost to a price any business can afford Edwards said Affordable Custom Design Available For companies seeking a unique design advanced functionality or some additional assistance Vista is also offering custom design and development service packages beginning at 149 Members can activate a web site today by calling toll free 1 866 295 4450 or for more information visit online at www vista com samsclubcanada SAM S CLUB has entered into an agreement with Vista com Inc to offer to SAM S CLUB Members the Internet Platform for the Business Web Site benefit Vista com is a private label supplier of Internet business applications for small business customers We believe in removing the cost and complexity barriers associated with Internet applications for small business owners said John Wall CEO of Vista I believe that our technology will make the Internet a

    Original URL path: http://innuity.com/page/1n1xd/News_2004_-_2005/August_2005.html (2016-01-08)
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