What's New at WellPoint


CALGARY, Alberta – April 27, 2009 – WellPoint Systems Inc., (“WellPoint” or the “Company”) (TSX-V:WPS), a leading provider of software and related solutions to the energy industry, today announced its financial results for the quarter ended March 31, 2009. All monetary values are in Canadian dollars unless otherwise indicated.  (View press release)

  • Increased total revenue by 9.1% to $10.4 million, compared with $9.5 million in 2008
  • Generated $2.6 million of Adjusted EBITDA compared to an Adjusted EBITDA loss of ($0.4) million in 2008
  • Delivered US$1.0 million of the previously announced license sales to WellPoint's new Middle Eastern channel partner, QMENA for WellPoint's Microsoft Dynamics AX solutions
  • Added additional licenses to twenty-four current customers (more)
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