TORONTO, June 29 /CNW/ - Cencotech Inc. (CTZ - TSX-V) today reports the results of operations for the second quarter of fiscal 2006 ended April 30th, 2006. All amounts referenced herein are in Canadian dollars. Revenue for the second quarter was $242,656 as compared to $390,341 for the same period last year. A net loss of $73,988 ($0.00 per share) was recorded for the three months ended April 30th, 2006, as compared to a profit of $26,357 ($0.00 per share) for the same period last year. Revenue for the first six months of fiscal 2006 was $388,425 as compared to $1,046,942 in the same period last year. The Company recorded a net loss of $318,746 or ($0.01) per share in the six months ended April 30, 2006 as compared to a profit of $180,547 or $0.01 per share for the same period last year. Cencotech's President, K. Barry Sparks stated "The sales alliance process reported earlier continues to progress. It remains our belief that these alliances will generate significant sales in this fiscal year. In the meantime, the secured creditor of the Company's subsidiary, NamSys Inc., has increased its loans to the subsidiary by $200,000 during the second quarter." Cencotech Inc. was created to acquire and manage emerging high technology enterprises with sound business solutions for their customers. The Corporation's present products are designed to bring efficiency to the processing of currency and other value instruments in financial institutions, large retailers, public transportation operations and the gaming industry. Cencotech systems are "open-architectured" and have been developed to interface with client's legacy systems. The TSX Venture Exchange has neither approved nor disapproved of the information contained in this release. This Media Release may contain forward-looking statements, which reflect the Corporation's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual events could differ from those projected herein and depend on a number of factors including the success of the Corporation's sales strategies.