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To: Bucky Katt who wrote (25340)	8/4/2005 10:30:37 AM
From: Skywatcher	Read Replies (1) \| Respond to of 48462

Tucows reports twelfth consecutive quarter of profitability and fifteenth consecutive quarter of positive cash flow from operations Wednesday August 3, 4:10 pm ET - Financial performance in the second quarter underscores momentum in business - TORONTO, Aug. 3 /PRNewswire-FirstCall/ - Tucows Inc. (OTCBB: TCOW - News) today reported continued strong results for the second quarter of fiscal 2005, ended June 30, 2005. Highlights for the second quarter included: - A 13% year-over-year increase in net revenue to $12.0 million, the Company's second highest quarterly revenue; - Income from operations of $0.4 million; - Cash flow from operations of $1.5 million; - Net income of $0.5 million, the Company's twelfth consecutive quarter of profitability; and - An 11% year-over-year increase in deferred revenue to a record $36.6 million. "We continue to be successful in the execution of our strategy to build upon our dominant position in the wholesale domain market by adding higher margin services that address high growth segments of the Internet such as blogging," said Elliot Noss, President and Chief Executive Officer, Tucows Inc. "Moving forward, in addition to pursuing continued growth in our domain business, we are focused on generating sales from our new ancillary services, to grow their contribution to both revenue and gross margin."