press release 2007-6
FOR IMMEDIATE RELEASE
Toronto Stock Exchange
Symbol “TSX: CSA”
Commercial Reports Sales of $36.2 Million for Fiscal 2007 Q3
Edmonton Alberta, Canada, July 31, 2007 - COMMERCIAL SOLUTIONS INC. ("Commercial" or the "Company") (TSX:CSA) announced today year-over-year revenue growth for the three-month and nine-month periods ended June 30, 2007.
For the three-month period ended June 30, 2007, the Company reported revenues of $36.2 million versus $33.1 million during the same three-month period the year prior, representing a year-over-year increase of 9.4 percent.
For the nine-month period ended June 30, 2007, the Company reported revenues of $122.3 million versus $97.6 million during the same nine-month period the year prior, representing a year-over-year increase of 25.3 percent.
The Company also announced that it will report its third quarter financial results for the three-month and nine-month periods ended June 30, 2007 at 8:00 a.m. eastern standard time (EST) on Tuesday, August 14, 2007. The Company will also hold a conference call to discuss the financial results on the same day at 4:00 p.m. EST.
Scheduled speakers for the call will include Jim Barker, President & CEO, and Eric Sauze, CFO of Commercial Solutions Inc.
Participants should dial 416-641-6125 or 866-542-4236 at least 10 minutes prior to the conference time of 4:00 p.m.
For those unable to participate on the call, a replay will be available after 6:00 p.m. at 416-695-5800 or 1-800-408-3053 passcode 3230957 until midnight, August 28, 2007.
About Commercial
Headquartered in Edmonton, Alberta, Commercial is one of Canada's leading independent industrial distributors with 40 Services Centres and approximately 400 employees located across Canada. Commercial offers more than 160,000 items critical to maintenance repair and operations (MRO) and original equipment manufacturer (OEM) customers. The Company represents 450 leading manufacturers and serves over 11,000 customer accounts within a broad cross-section of industries, including oil and gas, forestry, food processing, chemical processing, mining and aggregate, utilities, agriculture and construction. Commercial trades under the symbol "CSA" on the Toronto Stock Exchange. For further information on the Company, please visit www.commercialsolutions.ca and for detailed financial information visit www.sedar.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Commercial Solutions Inc.
Eric Sauze
Chief Financial Officer
(780) 577-2215
esauze@csinet.ca
or
Genoa Management Limited
Ali Mahdavi
(416) 962-3300
+1 (866) 430-6247
info@genoa.ca
www.genoa.ca
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