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Gold/Mining/Energy : $0.50 and Under *** CONTEST*** (March) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Pakstas who wrote (109)	3/7/1998 10:39:00 AM
From: wayne cath	Read Replies (1) \| Respond to of 195

Post says president confident Nuvo Network Management Inc NNM Shares issued 66,900,000 Mar 5 close $0.075 Fri 6 Mar 98 In the News The Financial Post reports in its Friday edition that a new roster of government clients should help Nuvo Network Management become profitable later this year, according to its president and chief executive. Reporter Jill Vardy notes that Kevin Vachon told the Ottawa-based company's annual meeting that Nuvo has been awarded a $2.6 million standing offer to sell network management services to federal government departments and agencies. A standing offer is basically a blanket contract, which says they are going to buy services from Nuvo with pre-agreed upon terms and conditions, up to $2.6 million, according to Mr Vachon. In this case, the standing offer allows the government's telecommunications and informatics service to use Nuvo's network management service to run the networks of federal government departments. He says the contract and continued sales of Nuvo's services through its distribution partners will help the company achieve considerable quarter over quarter revenue growth and profitability in the second half of the fiscal year, which ends September 30. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com