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Gold/Mining/Energy : Global Election Systems, GSM.TSE ,explosive growth, low PE

GSM 5.175

+0.5%

Feb 9 3:59 PM EST

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To: MatthewZ who wrote (273)	10/14/1998 5:35:00 PM
From: Gordo	Read Replies (1) of 333

This was just released, looks like Q1 deliveries are substantially down from Q4. It will remain to be seen what the higher number of Accu-Touch units means for overall financials. Global Election Systems Inc. announces first quarter deliveries VANCOUVER, Oct. 14 /CNW/ - GLOBAL ELECTION SYSTEMS INC. Trading Symbol: GSM (TSE) Global Election Systems Inc. announces the delivery of 401 Accu-Vote units and 250 Accu-Touch units during the first quarter of fiscal 1999 which ended September 30, 1998. Global has a backlog of Accu-Touch units scheduled for delivery in the second quarter. Global's first quarter fiscal 1999 report will be released within the next three weeks. Global is one of the fastest growing election and vote tabulation companies in the election industry. It continues to provide leading edge technology to the election marketplace with technically advanced products such as the Accu-Vote and Accu-Touch Voting System. Global is dedicated to providing technical solutions to election jurisdictions. Statements by Global in this release relating to its business and markets, such as projections of future performance, statement of management's plans and objectives, forecasts of market trends and other matters, are forward looking statements that involve risks and uncertainties. Global's actual results may differ materially from the results discussed in those forward looking statements. Factors that may cause a difference include, among others, those listed in Global's public filings. GLOBAL ELECTION SYSTEMS INC. Signed: ''Howard T. Van Pelt'' ------------------------------- Howard Van Pelt, President and Director -30- For further information: Clinton H. Rickards, Director (604) 261-6313 or facsimile (604) 261-9226

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