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Technology Stocks : TouchStone S/W (TSSW) -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Schumacher who wrote (3437)	5/8/2006 10:43:02 PM
From: David Alan Cook	Respond to of 3627

marketgainer.com: Market Gainer Updates Shareholders On TouchStone Software Corporation May 08, 2006 (M2 PRESSWIRE via COMTEX) -- Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the markets. TouchStone Software Corporation (TSSW), has gotten the attention of our research team. Our goal is to create a community of international investors who consistently and effectively capitalize on the enormous gains that the small-cap Canadian and American exchanges offer. TouchStone Software Corporation (TSSW) announced that for the first quarter ended March 31, 2006, net revenue was $788,957. On a GAAP basis, Touchstone Software's first quarter net earnings were $206,156, or $0.02 per share diluted. Gross profit margin for the first quarter improved to 85% while net operating margin for the first quarter improved to 26%. Financial Highlights Touchstone Software's revenue in the quarter grew by 80% from the same period a year ago Touchstone Software ended the first quarter with cash and cash equivalents, restricted cash, and investments of $677,522 an increase of $216,525 from the end of the 4th quarter of 2005 Driver Agent online subscription services total active subscribers grew by 321% in the 1st quarter. Financial Outlook Touchstone Software expects net revenue for the second quarter of 2006 to be between $750,000 and $1,000,000 "Touchstone achieved strong growth in its new Driver Agent on-line business this quarter, achieving double digit growth over the previous quarter results" said Jason Raza, president and chief executive officer of Touchstone Software Corporation. "As we continue the growth of our Driver Agent business we are continually evaluating the potential of localizing the service for specific countries and expect to begin this process in the 4th quarter of 2006" Following this announcement, TouchStone Software Corporation is trading up over 100% in today's trading. The Market Gainer Research Team will continue to gauge the short and long term affects that this announcement will have on the company. M.G will continue doing research on TouchStone Software Corporation and invite any shareholders to our site, where you can partake in communicating with other investors on the company. The information provided is brief and informative however becoming a member to our site will give you access to all the on-going information we come across on TouchStone Software Corporation. Investors seeking a resource to further their investment knowledge and be informed of exciting opportunity should take the easy step of becoming a member to www.marketgainer.com. Our service is free and at no time will we ever push any sort of annual subscription on you. The Market Gainer motto is "Our Success depends on Yours!" This information has been brought to your attention by the research team at www.marketgainer.com and comes from an unbiased perspective. Although we are a boutique research firm, we have not made any investments in the above mentioned companies. The Financial Information and Financial Content provided by Marketgainer.com is for informational purposes only and should not be used or construed as an offer to sell, a solicitation of an offer to buy, or endorsement, recommendations, or sponsorship of any company or security by Marketgainer.com. You acknowledge and agree that any request for information is unsolicited and shall neither constitute nor be construed as investment advice by Marketgainer.com to you. It is strongly recommended that you seek outside advice from a qualified securities professional prior to making any securities investment. Marketgainer.com does not provide or guarantee any legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or informational source. M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at presswire.net on the world wide web. Inquiries to info@m2.com.