BRANCHEZ-VOUS! further reduces losses and gets closer to breakeven
Montréal, March 19, 2002 -- BRANCHEZ-VOUS! Inc. (CDNX: BZV) notably reduced fourth quarter 2001 losses relative to both the third quarter, and the fourth quarter of the year 2000.For the fourth quarter 2001, ending December 31, net losses were $98,969 (or 0.4 cents per share). This compares to a net loss of $137,174 for the third quarter (or 0.5 cents per share) and a net loss of $464,537 for the fourth quarter 2000 (or 2 cents per share). Relative to the same period last year, net losses were reduced by 79%.
"We continue to see the positive effects of our cost reduction initiatives", explained Patrick Pierra, CEO of BRANCHEZ-VOUS!. "We remain confident that operations will hit breakeven by summer".
In the fourth quarter, consolidated revenues were $324,880, an increase of 9% over the third quarter ($298,259) and an increase of 15% over the fourth quarter of 2000 ($281,747).
Unaudited figures for the year for BRANCHEZ-VOUS! show that revenues increased 27% (from $978,608 in 2000 to $1,242,766 in 2001) and net losses dropped 53% (from $1,506,133 in 2000 to $704,209 in 2001), to 3 cents from 6 cents on a per share basis.
"Experiencing growth in our industry, during the very challenging economic environment that we saw in 2001, is encouraging and underlines our confidence in our business plan", observed Patrick Pierra.
As of December 31 2001, cash and equivalents stood at $110,588, a higher figure than expected losses before reaching breakeven point.
Discussions with NetMarketingSolution.com, concerning a possible acquisition, are ongoing - the completion and timing of which are not guaranteed.
About BRANCHEZ-VOUS! Inc.
Based in Montreal, BRANCHEZ-VOUS! Inc. owns and operates BRANCHEZ-VOUS.com, the largest independent portal in Quebec, as well as manages the largest French-language Internet network in North America. The BRANCHEZ-VOUS! Network consists of over 30 sites and 10 e-mail newsletters reaching in excess of a million users in French Canada. BRANCHEZ-VOUS! is also the exclusive representative in Quebec of the DoubleClick Network, the largest network of Web sites in North America, and Hi-Media, the principal Internet ad network in France and second largest in Europe. The company also owns the e-commerce site MicroSon.ca, which sells computer related products throughout Canada. BRANCHEZ-VOUS! shares are traded on the CDNX under the symbol BZV.
For more information, go to : www.branchez-vous.com/inc/english
Contact:
Patrick Pierra
CEO
Phone: (514) 842-3838 ext. 249
ppierra@branchez-vous.com
Nicholas Powell
Director, Investor Relations
Phone: (514) 937-4686
nicholaspowell@att.net




