Burntsand Inc., BRT; 935107; B2B aus Kanada! - 500 Beiträge pro Seite

[magoo]

Hallo an alle,

bin mal wieder auf einen Kanadischen Wert gestoßen.
Burntsand wird nur in Toronto unter dem Kürzel BRT und in Berl. u. München unter der WKN 935107 seit dem 29.2.00 gehandelt.
Ich beobachte die Aktie seit langem, und bin froh, daß sie endlich in D. gehandelt wird.

Wie oben erwähnt B2B-Wert, der v.a. im letzten Jahr gewachsen ist.

Neben dem Headquater in Vancouver finden sich folgende Niederlassungen.
Alberta, Ontario, Quebec, Manitoba sowie in den USA in Houston u. Denver.
Ich werde nicht vielmehr schreiben, da die HP sehr informativ ist, nur soviel, das KUV liegt ungefähr bei 10-11 für 2000.

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Burntsand Reports Sharp Increase in Revenues and Earnings for FY99 Revenues up 117 Percent to $38.6 Million
EBITDA Totals $3.2 Million … Up from loss of $68,000 in FY98
Vancouver BC, February 21, 2000 - Burntsand Inc. (TSE:BRT), a leading North American provider of e-Business Solutions, today reported strong growth in both revenue and earnings for the fiscal year ended December 31, 1999. The company, which focuses on the Business to Business (B2B) Web integration market, is benefiting from the explosive growth in electronic commerce on the Internet.
For the year ended December 31, 1999 both revenue and earnings increased significantly from the previous year. Revenue grew 117 percent to $38.6 million from $17.8 million in 1998. EBITDA increased to $3.2 million or $0.08 per share, compared to a loss of $0.068 million or (0.00) per share for the same period in 1998. Earnings improved from a net loss of $4.33 million or ($0.13) per share in 1998, to a net loss of $0.2 million or (0.01) per share for the year. Burntsand`s FY99 earnings were impacted by the rapid amortization, over a three-year period, of goodwill associated with recent acquisitions. As a result of this policy, Burntsand has incurred significant short-term non-cash charges, which reduced net income per share by $0.07 in 1999 compared to $0.11 in 1998.
For the three months ended December 31, 1999, revenue grew to $13.8 million, an increase of 149 percent from the $5.6 million reported during the same period in 1998. Fourth quarter earnings (EBITDA) increased 190 percent to $1.5 million representing 11.2% of revenue or $0.04 per share, from $0.53 million or $0.01 per share in 1998. E-Services revenue for the quarter was $9.5 million, a sequential increase of 30 percent over the record $7.3 million recorded in the previous quarter.
"We are very pleased with Burntsand`s performance during the past year," said Burntsand Chairman and CEO Jim Yeates. "Our growth continues to significantly outpace the market, creating increased market share and stronger positioning for Burntsand. EBITDA for the year of $3.2 million was slightly higher than forecasted. It was a great accomplishment for our management team under Burntsand president Paul Bertin`s leadership to be able to continue to meet both bottom line growth objectives while growing revenues at these rates," he said.
"Our results," Mr. Yeates continued, "are being driven by the North American acceptance of Burntsand`s e-Business solutions and business practices. Our approach - Business to the power of e* - has moved from conjecture to tangible reality. For example, Burntsand clients generated in excess of $20 Billion (US) in commerce on Burntsand-developed e-Xchanges in 1999, just one of our e-Business solution focus areas." Mr. Yeates observed that this reflects "a change within the market from the early adopters to a more mainstream customer acceptance," and provides a strong indication that e-Business is evolving from what some have considered a specialty segment to the mainstream approach to doing business.
"Through the talent and dedication of our professionals and leadership team, Burntsand is well positioned to benefit from this e-Business revolution, and will continue to generate strong results that translate into tangible value for all Burntsand stakeholders."
Three months ended Year ended
December 31 December 31

1999 1998 1999 1998
Revenues $13.8 $5.6 $38.6 $17.8
Gross Profit $6.2 $1.9 $15.1 $4.5
EBITDA $1.5 $0.5 $3.2 $(0.1)
Net income (loss)
$0.3 $(3.1) $(0.2) $(4.3)
EBITDA per sh.$0.04 $0.01 $0.08 ($0.00)
Net income (loss)
per share $0.01 ($0.10) ($0.01) $0.13)

*All amounts in $ millions except for per share items Fiscal Year 1999 Highlights
· Rapid Profitable Growth: During FY99 Burntsand grew by approximately $21M , acquired and successfully integrated two companies, increased revenues by 117 percent to $38.6 million and posted EBITDA of $3.2M.
· Financing: Burntsand raised $15.45 million in gross proceeds through two successful private placements during FY99. The company received strong support from an underwriting team led by Goepel McDermid that included CIBC World Markets and Yorkton Securities.
· United States e-Solutions Acceptance: Burntsand`s US revenues grew to more than 33 percent of total revenues by year end. The US acceptance of Burntsand`s e-Solutions and business model facilitated the opening of Burntsand`s second US location in Denver and validated our US expansion strategy.
· Clients & e-Solutions: During FY99 Burntsand continued to deliver competitive advantage to existing clients and had a number of significant new business wins. Of note was the continuing enrichment of the Energy e-Xchange for Altra Energy Technologies of Houston, the successful transition of that exchange into the first European Common Market automated natural gas exchange for EnMO and the activity that resulted in the creation of North America`s largest Barter e-Xchange for San Francisco`s BarterTrust.com.
Fiscal Year 2000 Outlook
Based on its present backlog, order book and opportunity funnel, the company expects continued positive improvement in its financial results throughout fiscal 2000.
As a result of successful private placement activities during 1999, and the company`s operational profitability, the company`s balance sheet is very strong. A cash reserve of $12 million is earmarked for strategic expansion and acquisition activity.
Burntsand currently derives approximately 30 percent of its revenue from US sources. The company will endeavor to increase this ratio during fiscal 2000 through a significantly expanded US presence.
Burntsand believes that the significant non-cash charges, taken as the result of rapid amortization of goodwill arising from recent acquisitions, understates the company`s ability to generate earnings going forward.
About Burntsand
Business to the power of e … the future of Business … the Burntsand reality.
Burntsand is an e-Business Solutions Integrator, focusing on the Business to Business, B2B, environment. Six Canadian and two US locations, coupled with enviable growth, have made Burntsand a success story. At Burntsand, our success is derived solely from successful clients, and our ability to make major e-Business Solutions impact in the areas of e-Commerce, e-Customer Relationship Management, and e-Business Intelligence. Burntsand`s e-Services encompass the strategy, technical, and creative aspects of e-Business solutions, with time to market measured in weeks, not years! Our solutions deliver competitive advantage, and are based on the Burntsand e-Cosystem™ Foundation, that fuses Burntsand`s corporate alliances, knowledge base, proven methodologies, and world class craftsmanship into a powerful e-Business Solutions integration asset. To learn more about Burntsand, visit us on the Toronto Stock Exchange, TSE-BRT, or at www.burntsand.com.
For more information, contact: Jim Yeates Chairman and CEO Burntsand Inc. [phone] [e-mail] Gerry Van Gaans, CFO [phone] [e-mail]

HP unter
http://www.burntsand.com/

Kurs unter
http://www.tse.com/cgi-bin/clan_quote?securityType=TSE-EQUIT…

Kundenliste unter
http://www.burntsand.com/customers/customers_index.htm

Fazit, teuer, aber v.a. in letzten Q hohes Wachstum.
Eine kleine Position habe ich mir aufgebaut.

Guido

P.S. Wie kann ich mehrere Links reinsetzen, ohne das dann Blödsinn in der Vorschau rauskommt?

[magoo]

Keiner eine Meinung o. zumindest einen Tip für das Verlinken?

Guido

[magoo]

Hier ein schönes Bildchen



Guido

[magoo]

Normalerweise ist Toronto ein Anhängsel der Nasdaq, Burntsand schlägt sich gut.

Plus zwischen 8-12% heute, aber noch ist ja nicht Schluß.


http://www.stockmaster.com/exe/sm/chart?Symbol=C:BRT&UPT=492…

Guido

[magoo]

Hallo,
bei BRT gab es heute gute Nachrichten.
Als die News raußkam gab es einen Kurssprung von ca. 25% (Intraday).

Burntsand Announces a Partnership with Sun Microsystems for the Establishment of Canada`s First ``Dot Com`` Ready Center

VANCOUVER, March 8 /CNW/ - Burntsand Inc. (Burntsand) (TSE:BRT) today
announced, in partnership with Sun Microsystems, a memorandum of understanding
to open an e-Business center, with a Business to Business (B2B) focus, known
as an iForce ready center. Located in Calgary, Alberta, the center is designed
to help North American businesses ``dot com`` their organizations and will
utilize Sun`s roadmap for ``dot comming`` businesses.

Burntsand`s e-Business focus is the strategy, design and implementation
of solutions for e-Commerce, e-CRM (customer relationship management) and
e-Business Intelligence. Burntsand`s center, representing a significant
capital and talent investment, will focus on assisting emerging start-ups and
aggressive traditional bricks & mortar companies in their pursuit of dot-com
readiness. Businesses will be able to develop, test and evaluate leading
dot-com applications, and with the aid of experienced professionals, customize
dot-com solutions to support specific business goals.

According to a memorandum of understanding between Burntsand and Sun,
Burntsand`s iForce ready center will be powered by Sun servers, software and
storage, and will offer the Sun iForce road map, a four-step methodology to
help customers execute dot-com strategies.
``Burntsand has a reputation for helping to create e-Business success
stories,`` stated Darlene Yaplee, Vice President, Worldwide Field Marketing,
Sun Microsystems. ``Customers can significantly accelerate the dot comming of
their businesses by working with the experts at Burntsand`s new center.``
``Burntsand has developed considerable experience in translating
compelling ideas into competitive Internet business advantage, the dot-com
process,`` stated Jim Yeates, Burntsand`s Chairman and CEO. ``This is often
perceived to be a phenomenon unique to Internet start-ups. Burntsand`s
experience indicates that many of the same challenges and rewards exist within
traditional organizations transitioning their business to take advantage of
``the power of e``. This new center provides a North American consolidation
point for Burntsand skills, experiential learning and dot-com best
practices.``

About iForce ready center

As part of the iForce initiative, Sun Microsystems is creating a
worldwide community of strategic partners to help customers implement dot-com
solutions. The partners` centers will leverage the best practices of the
three Sun ``hub`` knowledge centers located in Menlo Park, Paris and Tokyo.
Sun`s iForce road map and best practices will be coupled with the partners`
particular area of expertise, which may be industry focused or application
specific. At the centers, customers will enhance and accelerate the process
of planning, deploying and managing their dot-com strategies by providing a
range of services including proof of concept and architectural blueprint
creation.

About Sun Microsystems, Inc.

Since its inception in 1982, a singular vision, ``The Network Is The
Computer(TM)``, has propelled Sun Microsystems, Inc. (NASDAQ: SUNW) to its
position as a leading provider of high quality hardware, software and services
for establishing enterprise-wide intranets and expanding the power of the
Internet. With more than $12.4 billion in annual revenues, Sun can be found in
more than 150 countries and on the World Wide Web at http://www.sun.com.

About Burntsand Inc.

Business to the power of e(TM)...the future of Business...the Burntsand

reality.

Burntsand is an e-Business Solutions Integrator, focusing on the Business
to Business, B2B, environment. Six Canadian and two US locations, coupled with
enviable growth, have made Burntsand a success story. At Burntsand, our
success is derived solely from successful clients, and our ability to make
major e-Business Solutions impact in the areas of e-Commerce, e-Customer
Relationship Management, and e-Business Intelligence. Burntsand`s e-Services
encompass the strategy, technical, and creative aspects of e-Business
solutions, with time to market measured in weeks, not years. Our solutions
deliver competitive advantage, and are based on the Burntsand e-Cosystem(TM)
Foundation, that fuses Burntsand`s corporate alliances, knowledge base, proven
methodologies, and world class craftsmanship into a powerful e-Business
Solutions integration asset. To learn more about Burntsand, visit us on the
Toronto Stock Exchange, TSE:BRT, or at www.burntsand.com.

Business to the power of e is a registered trademark of Burntsand Inc.

Sun, Sun Microsystems and iForce are trademarks or registered trademarks
of Sun Microsystems, Inc. in the United States and other countries.

Legal Disclosure: The above-mentioned memorandum of understanding is
non-binding, and subject to further negotiation and the closing of a
definitive agreement.
%SEDAR: 00007529E
-0- 03/08/2000
/For further information: Jim Yeates, Chairman and CEO, Voice:
604-608-6407, Email: jyeates(at)burntsand.com/
(BRT.)


http://quote.bloomberg.com/fgcgi.cgi?s=7e0b7db280965b1b6c3fd…

und hier der Chart ( anklicken) http://www.tse.com/cgi-bin/clan_quote?securityType=TSE-EQUIT…


Schlußkurs + 10,8% auf 13,85 Can$.

Guido
Guido

[magoo]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[magoo]

Hallo,

hier die Q-Zahlen.

Burntsand Posts a Record $2.5 million in Q2 Earnings (EBITDA), an Increase of 667% Over Q2 99 and an Impressive Seventh Consecutive Quarter of Progressive Positive Earnings

Vancouver BC, August 3rd, 2000. Burntsand Inc. (Burntsand) (TSE:BRT) a leading North American provider of e-Business solutions reported the continuation of the company’s track record of rapid and profitable growth. Posting an impressive seventh consecutive quarter of positive earnings (EBITDA) increase, the company realized a record $2.5 million EBITDA for the quarter and an impressive $4.4 million for the first half of fiscal year 2000.



For the second quarter of fiscal year 2000 revenue was $15.8 million, a 116% revenue increase from the $7.31 million reported for the same period in 1999. EBITDA was $2.554 million or $0.0143 per share, an increase of 667% from the $332,097 reported for Q2 1999. Earnings after tax and before goodwill amortization was $1.73 million or $0.03 per share for the quarter compared to $261,868 or $0.01 per share for the same period in 1999. Net earnings increased from a net loss of $134,846 or ($0.00) per share for Q2 1999, to a net income of $851,419 or $0.01 per share for the quarter.



On a year to date basis revenues reached $30.3 million an increase of 150% compared to the $12.1 million posted for the same period in 1999. EBITDA was $4.4 million an increase of 824% compared to the $480,928 for the same period in 1999. Earnings after tax and before goodwill reached $2.65 million compared with $379,047 for the same period in 1999. Net earnings increased from a loss of $469,544 in 1999 to a profit of $887,863 for the first half of fiscal year 2000.

http://www.burntsand.com/news_events/2000/aug_03_2000_q2resu…


Guido

[magoo]

Hallo,

leider hat es den Kurs auch zerlegt, die Zahlen sind sind in diesem Umfeld aber richtig gut.

Leider kann ich die Zahlentabelle nicht reinkopieren, also hier der Link
http://www.burntsand.com/news_events/2000/nov_01_2000.htm



Burntsand Posts a Record $3 million in Q3 EBITDA an Increase of 150% Over Q3 Fiscal 99

Burntsand combines new quarterly revenue high of $17.1 million with record earnings to post strongest quarter in company history

Vancouver BC, November 1st, 2000. Burntsand Inc. (Burntsand) (TSE:BRT) a leading North American provider of e-Business solutions reported the continuation of the company`s track record of rapid and profitable growth. Posting its eighth consecutive quarter of positive revenue growth and earnings increase, the company realized a record $3 million EBITDA for the quarter, an impressive margin of 18% on revenues of $17.1 million.

For the third quarter and period ending September 30, 2000, revenue was $17.1 million as compared to $12.7 million reported for the same period in 1999. e-Services Revenue was $14.0 million, an increase of 91% over the same period last year and an increase of 10% over the previous quarter. EBITDA was $3.0 million or $0.05 per share, an increase of 150% from the $1.2 million reported for Q3 1999. Earnings after tax and before goodwill amortization were $1.9 million or $0.03 per share for the quarter compared to $1.0 million or $0.02 per share for the same period in 1999. Net earnings increased from a net loss of $74,455 or ($0.00) per share for Q3 1999, to a net income of $1.1 million or $0.02 per share for the quarter.

For the first nine-month period of Fiscal 2000, revenues were $47.4 million, an increase of 91% compared to the $24.8 million for the same period in 1999. EBITDA was $7.4 million, an increase of 335% compared to the $1.7 million for the nine-month period in 1999. Earnings after tax and before goodwill reached $4.6 million compared with $1.4 million for the same period in 1999. Net earnings increased from a loss of $543,999 in 1999 to a profit of $1.9 million for the nine months ended September 30, 2000.

"Burntsand continues to perform and grow in a strategic and balanced manner" stated Jim Yeates, Burntsand`s Chairman and CEO. "Our business model is based on business management fundamentals and the delivery of value to our customers. Burntsand`s management has a strong track record and the experience to successfully grow Burntsand profitably to become a global leader in delivering e-Business Solutions. We, once again, have posted new highs for revenue and earnings with an EBITDA margin of 18%, which is ahead of our internal plans for the second quarter in a row. This performance is a strong indicator of client value delivered and operational effectiveness."

Yeates went on to comment that the company remains committed to its global growth plans. The company believes they are still at the very early stages of the developing e-Business Solutions marketplace and significant opportunities are on the horizon.

"Burntsand`s recently announced acquisition of San Jose based Altro Solutions is a major step in the realization of our North American growth strategy," stated Paul Bertin, President of Burntsand Inc. "Altro, under the leadership of the founding group of Joe Garappolo, John Rees and Mark Malone bring a tremendous amount of value to Burntsand and our customers. Q4 will be positively impacted by this combination, and the outlook for FY2001 looks very positive. We believe that Burntsand is well positioned to capitalize on the significant opportunities of this transition to the Digital Economy".





Quarterly Operating Highlights

Corporate:

In July, Burntsand was ranked as the 18th top performing stock in The Globe and Mail`s 1999 Canadian "Top 50 Performing Stocks".
The same month, July, Canadian Business ranked Burntsand 15th in the technology sector on the "Investor 500" list with a three-year return of 700%.
On Sept 27th, Burntsand announced an expansion of our Houston operations increasing the company`s automated trading exchange, e-Xchange, capability. As part of the Houston expansion, Burntsand announced the acquisition of certain assets and hiring the ex- employees of Rexton Interactive Corporation. This group further extends our expertise and experience in the energy sector.
On September 27th Deloitte & Touche honored Burntsand at the Canadian Technology Fast 50 gala in Montreal as one of Canada`s 10 "Shooting Stars" recognizing growth and maturity for Canadian companies less than 5 years in business.
The following evening, September 28th, in Vancouver, Jim Yeates Burntsand`s Chairman and CEO, was named Pacific Canada Entrepreneur of the Year in the information and software services sector at the Ernst and Young awards ceremony.
Business Developments:

On September 13, Burntsand announced that the company completed the design and implementation of a Web-enabled Customer Response System for Oxford Properties Group (TSE: OXG). Burntsand`s e-CRM professionals implemented the system, known as 310- maxx, that uses advanced telephony integration, two-way paging, web based reporting, system registration, and provides automated call status notification to the tenant, ensuring first-class tenant service delivery. 310-maxx is a foundation cornerstone from which Oxford provides added value for tenants through Burntsand`s innovative e-Business technologies.
On August 23, Burntsand announced that the company has been awarded a contract by Bridges to provide strategic analysis and implementation planning for the electronic and web infrastructure essential to support Bridges` exponential growth. Bridges is a leader in providing digital career planning resources to the North American educational marketplace, and is presently expanding its product line and targeting new market channels, with a goal of achieving and maintaining industry best practices in their Information Technology infrastructure strategy.
On August 30, Burntsand announced that the company has been awarded a contract by TradeMetals.com of Tucson, Arizona to provide a dynamic global automated electronic trading exchange (e-Xchange) for base metals. TradeMetals exchange technology will focus on streamlining and reducing inefficiencies in the $1.7 trillion physical and futures non- ferrous markets. The highly fragmented physical market and the limited and outdated futures market have opened up a significant opportunity for TradeMetals.com to both consolidate the physical market and bring technology and business process advances to the futures market.
Contract Enhancements:

During the quarter Burntsand received significant enhancements/extensions to ongoing projects with the following customers: Able Energy, Altra Energy Technologies, BarterTrust, Chancery Software, and Methanex. Burntsand also received a number of significant contract enhancements from other existing clients during the quarter. Due to the goal of creating competitive advantage through these e-Business initiatives, Burntsand is currently bound by strict non-disclosure by these clients. Other than the financial impact of these activities, details cannot be released.
Significant Subsequent Event

On October 5th Burntsand announced the signing of an agreement to acquire all outstanding securities of San Jose California based Altro Solutions Inc. Altro has over 80 employees located in offices in San Jose and New York. Altro`s revenue growth rate has averaged 75% over the past 2 years with annualized revenues based upon the quarter`s results ended June 30, 2000, of approximately CDN$25 million. Based on Altro`s market position, growth rate and historical margins, it is anticipated that the acquisition will have an accretive impact on Burntsand`s fiscal year 2000 fourth quarter performance and FY2001 expected results. The management team at Altro, under the leadership of Joe Garappolo, gives Burntsand a solid platform for growth and expansion in the US North East and California business corridors, complimenting existing offices in Houston and Denver.

Outlook

Burntsand heads into the final quarter of fiscal 2000 in a strong position, having posted record year-to-date revenues and EBITDA. Burntsand`s balance sheet is strong with substantial cash reserves enhanced by solid operational performance. In Q4, the company will be proceeding with the integration of the recently announced acquisition of California`s Altro Solutions. This is expected to have an accretive impact on Burntsand and position the firm for accelerated growth in the US market. Burntsand is comfortable that the company, without considering the accretive impact of the Altro acquisition, will meet or significantly exceed the range of analyst estimates for the fourth quarter and fiscal year 2000. The above factors will combine to produce another record year for Burntsand, and the continued delivery of client and shareholder value.

Attachment

Financial Statements

Consolidated Balance Sheets
Consolidated Statements of Income and Deficit
Consolidated Statements of Cash Flow
About Burntsand

Business to the power of e … the future of Business … the Burntsand reality.

Burntsand is an e-Business Solutions Integrator focusing on Business to Business, ("B2B"), applications. Burntsand`s success results from the ability to create rapid e-Business solutions for clients in the areas of e-Commerce, e-Customer Relationship Management, and e-Business Intelligence. Burntsand`s e-Services encompass the strategy, technical, and creative disciplines required to define and implement these e-Business solutions. Headquartered in Vancouver, Burntsand operates from eight North American locations. The company trades on the Toronto stock exchange (TSE) under the symbol BRT, Burntsand`s website address is www.burntsand.com

For more information, contact:

Jim Yeates
Chairman and CEO
Burntsand Inc.
[phone]
[e-mail]


Gerry Van Gaans, CFO
[phone]
[e-mail]

[magoo]

Burntsand Q4 Earnings Release and Conference Call Advisory

Vancouver BC, February 13, 2001. Burntsand Inc. (Burntsand) (TSE: BRT) plans to release fourth quarter 2000 financial results before the opening of the market on Tuesday February 20, 2001. Burntsand will host an earnings conference featuring remarks by Chairman and CEO Jim Yeates. Burntsand`s President - Paul Bertin, Chief Marketing Officer - Tom Healey, and Gerry Van Gaans, Chief Financial Officer will participate in the call.

The call is scheduled to start promptly at 12:00 p.m. Eastern Time (9:00 a. m. Pacific Time) on February 20th, and will last approximately 45 minutes. To ensure that you are on the call when it begins, we suggest that you access the call 10 - 15 minutes early.

Date: Tuesday February 20, 2001
Start Time: 12:00 p.m. East (9:00 a.m. Pacific)
Voice: Within the U.S.A. or Canada: 1-800-387-0276. Local 416 & 905, 416-641-6707.
Data: A PowerPoint presentation will be available as a datacast. To access the data portion of the conference:

Point your internet browser to http://www.burntsand.com/etheater
Click on "Login Here"
Enter the Room Number: BRTQ4
Enter your name
Click on "Join As An Attendee"
A new browser window will open. No password is necessary. The presentation will now load. This may take a moment. When the blue bars have moved all the way to the right (100%) the conference will automatically begin.
The conference call will be available for replay from 2:30 p.m. East on February 21st until the end of business February 28th. For callers within the U.S. or Canada, the replay number is 1-800-558-5253, pass code 17997309, or local 416 & 905, 416-626-4100, pass code 17996812. A downloadable PowerPoint presentation will be posted to the Investor Relations - Corporate Events region of the Burntsand web site approximately 1 hour before the beginning of the conference call.


http://www.burntsand.com/investor_rel/investors_corp_events.…

[magoo]

Press Releases, 2001

PRINT FRIENDLY VERSION

Burntsand Announces Record Results with Q4 Revenue Growth of 82% and Growth in EBITDA of 95%

Q4 Annualized Revenues Exceed $100 Million

You can download this press release in Adobe Acrobat (.PDF) format here.

Vancouver BC, February 20th, 2001. Burntsand Inc. (TSE:BRT), a leading North American e-Business Solutions Integrator, today announced its audited year-end results. Revenue for the fourth quarter was $25.2 million or an 82% growth over Q4, 1999, or, on an annualized basis $101 million. Burntsand`s core revenue stream of e-Services revenue rose 117% for the quarter on a year over year basis, and for the quarter comprised 82% of the company`s revenues, which is up from 69% for the same quarter in the previous year. Revenue mix fully met the company`s expectations. EBITDA was $3.0 million, or a growth of 95% over the same period in the previous fiscal year. Income before taxes and acquisition related amortization was $3.2 million for a growth rate of 125% over Q4, 1999. Proforma net income (before acquisition related amortization) was $1.8 million or $0.03 per share. This represents a growth in proforma net income of 38% over Q4, 1999. During FY2000, Burntsand incurred full cash taxes, while during FY1999 the benefit of previous tax losses minimized the impact of taxes, therefore, the growth rate of income after taxes was reduced on a per share basis for this quarter and fiscal year.

For the full fiscal year ending December 31, 2000, revenue rose 88% over the previous fiscal year to $72.5 million. Burntsand`s core revenue stream of e-Services revenue rose 140% on a year over year basis, and for the full year comprised 81% of the company`s revenues, this is up from 63% for the previous year. EBITDA was $10.5 million or a growth of 226% over the previous fiscal year. Income before taxes and acquisition related amortization of $11.2 million represent a growth of 300% over the previous fiscal year. For the fiscal year, proforma net income (before acquisition related amortization) was $6.4 million or a growth rate of 139% over fiscal 1999. On a per basic share basis, income before acquisition costs was $0.11 or a growth of 83% over the previous fiscal year of $0.06.

Acquisition costs as the result of amortization of goodwill and other intangibles rose due to the acquisition of Altro Solutions Inc. of San Jose, California, to $3.6 million for the quarter and to $6.3 million for the full year ended December 31, 2000. The Company`s net income as reported has been impacted by the current and rapid amortization, over a three-year period, of acquisition costs associated with past acquisitions.

"These Burntsand record and industry leading results show the robustness of the Burntsand business model even in times of market turmoil and uncertainties. With the closing of the acquisition of Altro Solutions Inc. during the quarter, these results now include a full quarter of their contribution to Burntsand. Altro has fully integrated into the Burntsand business unit structure with the Altro leadership team, under Joe Garappolo, taking over responsibility for the expanded Pacific Business Unit. During the quarter this team fully met our business expectations and the Altro addition was the key contributor to our 47% sequential quarterly revenue growth over Q3. Burntsand is a value-added business under the operating leadership of Paul Bertin, President. Paul and his team will continue to focus on the fundamentals that have served us very well throughout our history", stated Jim Yeates, Burntsand`s Chairman and CEO.

"We see a very positive trend evolving which plays right into our core competencies and strategic direction, that is, there is a significant shift starting to happen where companies are no longer only acquiring point solutions such as e-CRM or e-Commerce, but, now looking for the strategies, architectures and plans to implement truly integrated eBusiness Solutions. We have talked about this evolution for some time and now see it happening. We believe this change and market transition has been a major challenge for many of the web integrators in North America who do not have the appropriate set of strategy and architectural skills to keep up with their customer`s requirements," stated Paul Bertin, President of Burntsand.

"I am pleased to confirm that our corporate performance is within the range of analysts` estimates. I am especially pleased with Burntsand`s performance in light of the difficulties being experienced by a number of firms in our industry. Burntsand`s strategic focus on SellSide and InSide applications, the value that our people, and, our e-Business solutions focus, delivers a value-add capability unmatched in the industry. These are the foundation for the industry leading positive results for the year which I believe speak for themselves," stated Jim Yeates. "Burntsand is a financially strong ($43,000,000 of cash), growing and exciting company. The eBusiness Solutions market, to be followed by the evolving eBusiness Networks market, offers great opportunities for the company for many years to come."

Operating Results Highlights for Q4 FY2000

Annualized attrition was less than the 15% target established by the Company for both the quarter and the full year. The Company was pleased to see the continuance of its industry leading low attrition rate during a year in which the services industry and the more general technology industries had a significant level of change.
For the quarter, Burntsand`s Top 10 clients represented 39% of total revenue therefore showing the broad underlying base in place. On an annualized basis each of the Top 10 represented approximately $4,000,000 of revenue to Burntsand.
Dot Com exposure continued to decline in the quarter due to finished projects with clients. During Q1 the Company expects the percentage of overall revenue to be in the 5% range from our Dot Com clients. The Company has been very pleased with its relationship with these select emerging companies and look forward to their continued success.
Average daily rates climbed from $1,452 in Q3 to $1,535 in Q4. The addition of Altro was a prime input to this ongoing positive trend.
% of staff which was billable was just above our 75% target and for the quarter finished at 76%. Sales, marketing and G&A costs continue to be in line with expectations.
Services revenue per billable employee grew to $238,000 on an annualized Q4 basis. These continued productivity gains have continued to move forward positively.
The above financial results were achieved although utilization fell below our targeted range of 72%-80%, thereby, showing the robustness of the Burntsand financial model.
FY 2000 Quarter 4 Highlights

Effective November 2nd, 2000 the Company was added to the TSE 300 Index. "This is an important milestone for Burntsand," said Jim Yeates, Chairman and CEO of Burntsand. "Being included in the TSE 300 Index in such a short period of time is an accomplishment that reflects the effort and dedication of all Burntsand employees. Burntsand is honored to be keeping company with Canada`s top performing enterprises and marks a very positive milestone in Burntsand`s maturation as a corporation."
On October 27th, Burntsand closed the acquisition of all of the outstanding securities of Altro Solutions Inc. for approximately CDN$14.8 million in cash, 3,397,245 common shares of Burntsand Inc., and options to acquire up to a further 770,000 common shares of Burntsand. Altro has over 80 employees located in offices in San Jose and New York. At the time of the announcement it was anticipated that the combined firm would begin Fiscal Year 2001 (January 1, 2001) with an annualized revenue run rate of approximately CDN$100 million based upon Q4 that it has met. Based on Altro`s market position, growth rate and historical margins, it is anticipated that the acquisition will have a positive accretive impact on Burntsand`s fiscal year 2001 expected results. Altro`s clients include such organizations as American Express, AT&T, Cisco Systems, Documentum, F Hoffman-LaRoche, Intel, MCI Worldcom and Shering-Plough. The acquisition of Altro was effective October 1, 2000 for accounting purposes.
On November 29th Burntsand released the inaugural edition of the e-Business Reality series of research publications, m-Commerce … Security in the Wireless World. Based upon original research developed by Burntsand and executed by Ipsos Reid this publication covered the first ever North American trend analysis on wireless appliance proliferation, functional use, and the growth of mobile commerce. The document cast these trends against a backdrop of security issues and practical risk mitigation.
During the fourth quarter, Burntsand announced that the Company has been contracted by Scott Consulting of Vancouver, BC to assist in the design and construction of `Pulse`, a web-based research, feedback, and business intelligence environment. Scott Consulting Inc. (SCI) is a North American consulting firm that has been conducting employee feedback surveys using computerized, IVR (interactive voice response), and paper based data collection. SCI recognized the need to move toward a web-based application, and worked with Burntsand to create `Pulse`. The application is intended to serve all employees within an organization by allowing the appropriate individuals and teams to define, administer, and generate analysis on surveys at the organization, team, and individual levels.
In December, 2000, Burntsand was pleased to announce the launch of the design and implementation of a website in support of "Voice of a Child", a television special in support of Foster Parents Plan. Burntsand proudly donated the majority of the services required to build the site. "Voice of a Child is a cause that Burntsand is very pleased to support," stated Jim Yeates, Chairman and CEO of Burntsand. "It is rewarding to be part of a solution that creates a brighter future for children through Foster Parents Plan`s efforts in developing countries." The website is designed to provide information about "Voice of a Child" and to provide a means by which people can sponsor a child or make other types of secure online donations.
On December 5th Burntsand hosted the last year 2000 e-Business Xpert Xpress conference, Automated Trading Exchanges. The Xpert Xpress conference series proved to be a highly successful pilot program for Burntsand in Fiscal Year 2000. Subsequently the company announced the continuation of the program for 2001 and the first Xpress topic, Managing Risk in an e-Business World.
Subsequent Events

Les Postnikoff has taken on the increased responsibilities of leadership of the Central Business Unit as Vice President Central Business Unit responsible for our branches in Calgary, Denver and Houston. Dave Edmonds, Founder and previously in this role, is taking on strategic sales responsibilities within the company.
Dave Edmonds has retired from the Board of Directors effective February 16th, while continuing in his management capacities within Burntsand. We would like to thank Dave for his historical Board contribution and look forward to his continuing leadership contribution within Burntsand. The company`s intention is not to fill this vacant seat at this time as the Board feels that its present makeup of four outside independent members with two management members is appropriate for the present governance requirements of the company.
The company was pleased to announce the establishment of the company`s Pacific Regional Operational Headquarters in San Jose California. Joseph Garappolo the President of recently acquired Altro Solutions Inc. (Altro) will undertake increased responsibility within Burntsand as Vice President of the Pacific Business Unit. Burntsand operates from three North-South aligned North American regions, the East is headquartered in Toronto, Central headquartered in Calgary and Pacific headquartered in San Jose. Under the new Pacific Region structure, the company`s Vancouver location will take on an increased strategic role as the region`s excellence center for solutions development and delivery. Burntsand will continue to maintain its corporate headquarters and office of the CEO in Vancouver. "We have moved from acquisition through integration aggressively and successfully," stated Joe Garappolo, Burntsand VP Pacific. " I am very pleased with the leadership responsibilities given to the team, and the increased personal challenge of growing this new operational region. The opportunities for Burntsand within this region are very exciting and I look forward to playing a major role in helping to fulfill our potential."
Guy Faubert, previously Vice President of the Pacific Business Unit has moved to New York to establish a strategic sales unit. Guy and Dave Edmonds are the first two senior executives to be the foundation of Burntsand`s strategic selling effort to the largest of the company`s opportunities. Both bring extensive sales and general management capabilities to these roles and their leadership will serve as the foundation of growth for this new directed initiative.
On February 7th, in conjunction with Sun Microsystems (Sun) and Cisco Systems (Cisco), Burntsand publicly opened Canada`s first Sun Authorized iForceSM Ready Center in Calgary Alberta. The center was opened at a ceremony hosted by Burntsand Chairman and CEO Jim Yeates with dignitaries from Sun, Cisco, Documentum, Remedy and other industry notables in attendance. This proof-of-concept represents a multi-million dollar investment, houses current Global best-of-breed hard and soft technologies, and will create real e-Business competitive advantage for clients and Burntsand.
Burntsand and Alpine Canada Alpin (ACA) announced the sponsorship of the Canadian Alpine Ski Team by Burntsand. "Burntsand is proud of our involvement with ACA and being a sponsor to the Canadian Alpine Ski Team in a way that provides real value to the ACA community of interest," said Jim Yeates, Chairman and CEO, Burntsand. "The value of Canada`s National Ski program reaches well beyond the country`s pride when we see our young athletes on the podium. It touches many people through youth programs and volunteer organizations, encouraging competitiveness while teaching lessons in sportsmanship and citizenship that will last a lifetime. Burntsand benefits from our association with this caliber of organization, a benefit that is available to any corporation willing to simply become involved."
On February 5th Burntsand announced that the company has been awarded a contract by National Bank Financial Inc. (NBF) to provide the strategy and customize an electronic Customer Relationship Management (e-CRM) environment for the NBF Investment Banking Technology Group. NBF is a full service brokerage firm with a substantial presence in all regions of Canada. The e-CRM solution implemented will help NBF to attain an improved process for sharing time critical information among all staff in the Investment Banking Technology Group and achieve improved access to customer information in an environment unconstrained by time or distance.
Q4 Results Conference Call

Burntsand Chairman and CEO Jim Yeates and his management team will host a conference call and e-Theater internet accessible presentation on Tuesday February 20th at noon EST to discuss the items contained in this release, and general industry trends that define the opportunities for Burntsand. We will be providing guidance for FY2001 during the call. Connection details follow:

Download PowerPoint presentation HERE. Please be patient (3.5 Meg)

Date: Tuesday February 20, 2001
Start Time: 12:00 p.m. East (9:00 a.m. Pacific)

Voice: Within the U.S.A. or Canada: 1-800-381-9619. Local 416 & 905, 416-641-6701.
Data: To access the data portion of the conference:
Point your internet browser to http://www.burntsand.com/etheater
Click on "Login Here"
Enter the Room Number: BRTQ4
Enter your name
Click on "Join As An Attendee"
A new browser window will open. The presentation will now load. This may take a moment.
When the blue bars have moved all the way to the right (100%) the conference will automatically begin.
About Burntsand

Burntsand is an e-Business Solutions Integrator focusing on SellSide and InSide strategic internet-enabled applications. Burntsand`s success results from the ability to create rapid e-Business solutions for clients in the SellSide areas of e-Commerce, e-Customer Relationship Management, e-Content Management and InSide application areas such as e-Business Intelligence and global Knowledge Management Solutions. Burntsand`s e-Services encompass the strategy, technical, and creative disciplines required to define and implement these strategic e-Business solutions. Headquartered in Vancouver, Burntsand operates from ten North American locations. The company trades on the Toronto stock exchange (TSE) under the symbol BRT, Burntsand`s website address is www.burntsand.com .

Forward-Looking Statements

Certain statements contained in this press release, including statements which may contain words such as "could", "expect", "believe", "will" and similar expressions and statements relating to matters that are not historical facts are forward-looking statements. Such forward-looking statements involve known and unknown risks and uncertainties which may cause the actual results, performances or achievements of Burntsand to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. Such factors include: general economic and business conditions; stock market volatility; supply and demand for services offered by Burntsand; changes in laws and regulations; Burntsand`s ability to compete successfully, protect its intellectual property rights, and adapt to technological advances and changing industry standards and other factors. The forward-looking statements in this press release are based on management`s reasonable beliefs as of the date of this release, and Burntsand assumes no obligation to update them to reflect subsequent information or events.

Financial Statement.

http://www.burntsand.com/news/2001/feb20_2001.htm

Guido

[DerStaatsanwalt]

Das soll doch nicht Euer ernst sein.
Die Aktie hat ja in 30 Jahren keine Performance gehabt.
Spätestens heute wäre die schon rausgeflogen