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Gold/Mining/Energy : Silent Witness--SWE (vse) CCTV sleeper!!!

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To: J. Plantinga who wrote (151)6/1/1999 3:08:00 PM
From: Stephen O  Read Replies (1) of 176
 
SWE CN: Third Quarter Financial Results 6/1/99 13:57

99/06/01 Market News Publishing Inc. No: 000280

SILENT WITNESS ENTERPRISES LTD ("SWE-TV")
- Third Quarter Financial Results

Silent Witness Enterprises Ltd. is pleased to announce its unaudited
financial results for the third quarter ending April 30, 1999. Revenues
increased by 55% to $8,349,419 (CDN) from the same period last year.
Net Income (after taxes) increased by 107% to $1,027,522 from the same
period a year ago. This represents basic EPS of $0.17 or fully diluted EPS
of $0.15 for the quarter.

//st
Financial Highlights for Third Quarter Ending April 30, 1999

3 months to April 30, 1999 Year Ago

Revenue $8,349,419 $5,404,113
Net Income $1,027,522 $ 495,706
Basic EPS $0.17 $0.09
Fully Diluted EPS $0.15 $0.07

9 months to April 30, 1999 Year Ago

Revenue $23,539,475 $14,438,864
Net Income $ 2,864,330 $ 1,301,656
Basic EPS $0.47 $0.24
Fully Diluted EPS $0.41 $0.20

//et
Silent Witness Enterprises Ltd. is a Surrey, B.C, based technology
company producing innovative surveillance cameras for global markets.
Approximately 85% of sales come from established distribution channels in
the United States and Western Europe. The Quarterly Report will be
available by mid June 1999 both in printed form and on the website. Please
contact Linda Taylor if you wish to receive a copy of the printed form.
For further information on Silent Witness visit our website at
silent-witness.com or call 1-800-877-2407.

TEL: (604) 574-1526 R.K. (ROB) BAKSHI, Chairman, President & CEO
TEL: (800) 877-2407
Internet: www.silent-witness.com
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