Article: Multiactive Software Reports 1999 Year-End and Fourth Quarter Results.

Annual Revenues Increase 40 Percent Over the Previous Year

VANCOUVER, British Columbia, Feb. 21 /PRNewswire/ --

Multiactive Software Inc. (Toronto Stock Exchange: E), a leading provider of e-business front office solutions, reported gross revenues for the 12 months ended November 30, 1999 of $23.2 million, which represents a 40 percent increase over the $16.6 million in gross revenues reported for the 12 month period ending November 30, 1998. Net loss for fiscal year 1999 was $3.6 million (or a loss of $0.09 per share) compared to a net loss of $6.5 million (or a loss of $0.51 per share) for fiscal year 1998.

For the fourth quarter of fiscal ...

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