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Gold/Mining/Energy : Canadian Microcaps

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To: diddlysquatz who wrote (224)11/10/2003 9:17:25 PM
From: diddlysquatz   of 817
 
(part 2)

Subsequent to the end of the quarter HTI announced a strategic partnership with TransUnion Canada to market TransUnion's decision technology and credit bureaus to the Canadian credit union market.

Outlook for continued revenue growth remains positive. HTI continues to form strong partnerships with its customers; this, combined with a track record of successful implementations, provides excellent references. HTI continues to integrate with third party providers and has projects under way with several new third party providers. Third party products that interface to ProLender are starting to provide an additional revenue stream for HTI from their existing customer base. In addition, the company is actively working on several "add-on" modules to ProLender that should create new sales opportunities.

ProLender is now the most popular lending system for Canadian credit unions with over 75 institutions using HTI's Web-based system.

For the final quarter of 2003 HTI's focus will be on the continued successful execution of its Canadian strategy to become the lending standard for Canadian credit unions. Management continues to explore other complementary services and markets.
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