TORONTO, June 16, 2004 (PRIMEZONE) -- Thinkpath, Inc. (OTCBB:THTHF) continued gathering a head of steam today as the company announced a new contract worth approximately US$1,000,000 with one of their leading defense contractor clients. The ramp-up for this project is already underway with the necessary resources and infrastructure being assembled and the hiring of several new design engineers and detailers in process.
"We are delighted to have received this award from a long-standing client with whom we have had a long-standing arrangement. Engineering and design solutions is the fastest growing sector of Thinkpath's business and we believe the opportunities for these services are extensive as demand continues to expand," stated Declan French, Chairman and CEO of Thinkpath Inc.
About Thinkpath
Thinkpath, Inc. is a global provider of Engineering Solutions in Engineering Knowledge Management, including Design, Analysis, FEA, Design/Build, On-site Support, Technical Publishing, and Consulting.
Further information about the company may be found at: (www.thinkpath.com).
Forward-Looking Statement
This press release contains forward-looking statements regarding Thinkpath Inc., its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause Thinkpath's actual business, prospects and results of operations to differ materially from those that may be anticipated by such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by Thinkpath in this news release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect Thinkpath's business.