Swiftsure International Inc.
Holmes Biopharma Inc. Reaches Profitability in Q3 – 2007
Holmes Biopharma Inc. / Quarter Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Holmes Biopharma Inc. Reaches Profitability in Q3 - 2007 Scottsdale, Arizona – November 22, 2007 – Holmes Biopharma, Inc. (Symbol HHJA, security code A0KDRX ) is extremely pleased to announce its first quarter of profitability for the 3 month period ending September 30, 2007. To meet this milestone in the third quarter of its first year in full operation is a great accomplishment. Holmes expects revenue to grow and profits to increase going forward to the year-end December 31, 2007 and into 2008. The recent addition of our Data Management Center in Toronto, Canada and our second Clinical Research Facility in Kiev, Ukraine, Eastern Europe, will further enhance our bottom line. The company is in the process of securing a financing that will allow it to establish a second clinical research facility in the United States, plus commence its drug development strategy. About Holmes: Holmes Biopharma Inc. is a contract research organization focused on providing integrated and cost effective clinical development services to the pharmaceutical, and is actively involved in developing new drugs and drug delivery systems. Currently, clinics operate in Omaha, Nebraska USA, Toronto, Canada. and Kiev, Ukraine, Eastern Europe. For more information about the company please visit our website at www.holmesbiopharma.com. On behalf of the Board of Directors Dr. Sohail Khattak. MD, President, CEO Certain statements in this press release constitute 'forward looking statements' within the meaning of the United States Securities Legislation. The Company's actual results could differ from those in the forward-looking statements. Do not construe this information as investment advice. This is not a solicitation to buy or sell securities. This does not purport to be a complete analysis of the Company. Investing in securities is speculative and carries a high degree of risk. Past performance does not guarantee future results. Readers should consult their own independent advisers with any investment, including any contemplated investment. All information contained in this press release should be independently investigated. This press release contains forward-looking statements. These remarks involve risks and uncertainties. Risks are not limited to quarterly fluctuations in results or the companies’ management of growth and competition. Other risks are detailed in the Company's SEC filings. Actual results may differ materially from such information set forth herein. Contact: John Metcalfe, Managing Director www.holmesbiopharma.com Tel: 001-800-778-4990 Email: ir@holmesbiopharma.com 22.11.2007 Financial News transmitted by DGAP ----------------------------------------------------------------------
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