LAS VEGAS, Dec. 1, 2008 (GLOBE NEWSWIRE) -- MetaPower International, Inc. (Pink Sheets:MTPR) is pleased to announce that the Company increased its October 2008 Consolidated Booked Sales by 56% over October 2007. The Company generated $581,940 in booked sales during the month of October, an increase of $208,647 over October of last year. Additionally, MetaPower International generated $531,091 in Consolidated Collected Sales for October 2008, a 57% increase over October 2007. The Company recently filed its Third Quarter financials, earning an average of $0.09 cents per share through the first three quarters of 2008.
MetaPower International generates monthly revenue from its consulting services and its UCoDA Business Process Management module maintenance fees. The Company has licensed its UCoDA module for use on several important projects within the hazardous process industries.
UCoDA is a fully-functional, Web-based business process engine that manages applications in the heavy process industries. This program has the capability to implement, track and improve virtually any business process, and support performance management such as events, assessments and observations. It can also be used for design management, including design changes and actions, meetings, discussions or evaluation, and it can assist with time keeping, work orders and actions.
"We have made it our priority to continue to expand our operations through Process Safety Management consulting and software development. We believe the Company is on a great track heading into the New Year, as we look forward to accomplishing our next set of objectives to increase awareness in the financial community as well as shareholder value," stated Ken Allen, CEO of MetaPower International, Inc.
About MetaPower International, Inc.:
MetaPower International, Inc. is a technology firm founded in 1996 that provides information technology and change management services to hazardous process industries. This link between technology and services is critical to enable the changes necessary to successfully compete in the current environment. In today's competitive world, business operations must be streamlined if new levels of performance and operational excellence are to be achieved.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.