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To: Gilbert Drapeau who wrote (189)4/26/2002 3:48:42 PM
From: Gilbert Drapeau  Read Replies (2) | Respond to of 192
 
NURUN Announces First Quarter 2002 Results

MONTREAL, QUEBEC--2002-04-26
First quarter results reflect Mindready Solutions Inc.'s $10.4
million charge attributed to the telecommunications sector
downturn

NURUN Inc. (TSE: IFN), a subsidiary of Quebecor Media Inc., today
released its financial results for the three months ended March
31, 2002. Consolidated revenues for the period totaled $20.8
million, compared to $20.8 million last quarter and $40.1 million
for the first quarter in 2001. The Company's net loss for the
first quarter 2002 was $14.1 million, or $0.42 per share, compared
to a net loss of $38.8 million, or $1.16 per share, for the fourth
quarter 2001, and $7.6 million, or $0.23 per share, for the
corresponding period in 2001.

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