VANCOUVER, Oct. 31 /CNW/ - OneMove Technologies Inc. ("OneMove" or the "Company") (TSX-V: OM) announces a correction to its previously reported segmented revenue for fourth quarter fiscal 2007. In the fourth quarter fiscal 2007, revenues from Canadian operations were $0.4 million, instead of $0.2 million as previously reported, and revenues from U.K. operations were $0.03 million, instead of $0.2 million as previously reported. The consolidated revenue for the quarter remains the same at $0.4 million. In addition, cash and cash equivalents as at June 30, 2007 was $3.9 million instead of the $3.7 million previously stated. There were no other corrections to the release issued October 29, 2007.
About OneMove Technologies Inc.
OneMove Technologies Inc. (TSX-V: OM) is a real estate transaction platform, currently serving the British Columbia, England and Wales real estate markets. By combining personal service, unique products and leading edge technology, OneMove(TM) simplifies and expedites the process of buying and selling real estate. The Company's product and service offerings include: econveyance(TM) in British Columbia, and a Move Management System, Personal Moving Consultants, Home Buyer Expense Insurance, and the largest free online real estate listing database in England and Wales. Additional information about OneMove can be found at www.onemovetech.com or www.sedar.com.
Forward Looking Statements
This press release contains certain "forward looking statements." These statements relate to future events or future performance and reflect expectations and belief regarding growth, results of operations, performance, business prospects, opportunities or industry performance and trends. These forward looking statements reflect current internal projections, expectations or beliefs and are based on information currently available. A number of factors could cause actual events or results to differ materially from the results discussed in the forward looking statements. Although it is believed that the forward looking statements contained in this press release are based upon reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward looking statements. These forward looking statements are made as of the date of this press release, and OneMove Technologies Inc. assumes no obligation to update or revise them to reflect new events or circumstances, except as required pursuant to applicable securities laws.
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