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(DTM.) Groupe Informatique DTM Inc. - growth of 81 percent in net earnings for DTM during third quarter.


MONTREAL--(BUSINESS WIRE)--June 4, 1997--(ME DTM DTM

dermatophyte test medium.
.) For the third quarter ended April 30, 1997, Groupe Informatique DTM Inc. announces sales of $18.1 million, compared with $18.2 million for the corresponding period of the previous year.

Net earnings rose to $315,396, up from $174,053 for the three months ended April 30, 1996, an increase of 81 percent. Earnings per share (basic) amounted to $0.09, up from $0.05 for the third quarter of 1996. The Company's excellent performance was mainly due to the increase in profit margins, especially those deriving from professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. . These operations provided the Company with a gross margin three times greater than computer equipment resales, in addition to enhancing customer loyalty and having a major impact on DTM's other business.

Nine months - solid improvement in operating profitability

Net earnings for the nine months ended April 30, 1997 stood at $556,222 or $0.16 per share, up 15 percent over $482,629 or $0.14 per share for the corresponding period in 1996. The operating profitability improved considerably, since net earnings for 1996 included a $193,187 gain on the disposal of assets. In fact, earnings before gain on disposal and income taxes climbed to $960,700 for the nine months ended April 30, 1997, compared with $636,152 for the same period of fiscal 1996, an increase of 48.9 percent. The higher relative share of the gross profit from services, which rose from 13.1 percent from 17.1 percent, was behind the strong growth in the Company's profitability. Intense internal development

The Company has consolidated its leadership in personal computers:

- Contract with Levesque Lé·vesque   , René 1922-1987.

Canadian politician who cofounded (1967) the Parti Québecois to further the cause of French-Canadian separatism. He served as premier of Quebec (1976-1985).
 Beaubien Geoffrion - $5 million. - Contract with Notarius - $20 million over three years. - T.J. Watson Award, granted by IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , for customer service

excellence. DTM was the only recipient of this award in Quebec. - Strategic alliance with MPACT MPACT Mississippi Prepaid Affordable College Tuition Plan  Immedia Corporation (ME and TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
 -

IFM IFM Institut Français de la Mode (French Fashion Institute)
IfM Institute for Micromanufacturing (Louisiana Tech University)
IFM Interface Module
IFM Instantaneous Frequency Measurement
) for the distribution of MPACT products by DTM. - Agreement with PBSC PBSC Peripheral Blood Stem Cell
PBSC Performance-Based Service Contracting
PBSC Pro Bono Students Canada
PBSC Polar Bear Software Company
PBSC Public Buildings and Site Commission
 (a subsidiary of IBM) to pursue the

development of our training activities.

Outlook - toward increased profitability

By developing its professional services, DTM expects to increase its net earnings by more than 40 percent annually until the year 2000. "In light of our earnings before gain on disposal and income taxes for the first nine months of the current fiscal year (an increase of 48.9 percent), the Company's performance is perfectly in line with the objectives we had set. Planned acquisitions will even enable us to exceed our goals," indicated Karol Brassard, Chairman of the Board.

Management meets financial community

To raise the Company's profile in the financial community as well as to report on its recent developments and positive outlook, management has launched an important financial communications program Software that manages the transmission of data between computers, typically via modem and the serial port. Such programs were very popular for connecting to BBSs before the Internet took off. . A document describing the Company has been distributed to financial community players and management plans to make several presentations to brokers. A presentation will be held at the Westin Mont-Royal Hotel (Printemps Room) on June 17 at noon, to which you are cordially invited (please confirm your attendance with Nathalie Dion, at 842-1131).

Profile

Active in personal computers since 1977, DTM is currently the largest Canadian-owned integrator (1) In electronics, a device that combines an input with a variable, such as time, and provides an analog output; for example, a watt-hour meter.

(2) See systems integrator.
 of personal computers in Quebec. The Company provides comprehensive technological solutions for a client base consisting mostly of medium-sized and large corporations. Among other things, it is a specialist in MICROSOFT platforms and one of its leading Solution Providers in Quebec. DTM, whose head office is in Lachine (Montreal), also has offices in Quebec City. Groupe Informatique DTM Inc. is listed on The Montreal Exchange Montreal Exchange

A Canadian derivatives exchange that facilitates the trading of stock options, interest rate futures and options, as well as index options and futures. Located in Montreal, Quebec, it is the country's main financial derivative market, while the Winnipeg
 under the ticker symbol Ticker Symbol

An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors
 DTM. -0-

Groupe Informatique DTM inc.

Summary of Results    Three months ended  Nine months ended
($)                        April 30,           April 30,
                       1997        1996    1997        1996
                     ___________________  __________________

Sales              18,102,149 18,216,254 48,028,444 44,304,462
Earnings before
 gain on disposal
 and income taxes     553,327    295,819    960,700    636,152
Gain on disposal of
 assets and liabilities   -       (1,513)    15,113    193,187
Net earnings          315,396    174,053    556,222    482,629
Earnings per share
 (basic)                 0.09       0.05       0.16       0.14





CONTACT: Groupe Informatique DTM Inc.

Martin Vidal, 514/828-4428

http://www.dtminfo.com
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 4, 1997
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