Article: VCAT Reports Results for the Three and Six Months Ended December 31, 2005.

SAN DIEGO -- Venture Catalyst Incorporated ("VCAT") (OTCBB:VCAT), today reported operating results for the three and six months ended December 31, 2005.

Three Months Ended December 31, 2005, Results

VCAT reported net income for the three months ended December 31, 2005, of $52, or nil per share. This compares with a net loss of $13,000, or nil per share, for the three months ended December 31, 2004.

Revenues for the three months ended December 31, 2005, were $2,065,000, as compared to $1,745,000 during the three months ended December 31, 2004. Revenues from consulting services in the current period were $1,942,000, compared to $1,725,000 earned ...

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