SPO Networks Inc (SPOI)

[mike306oh]

HOUSTON--(BUSINESS WIRE)--March 21, 2006--Systems Evolution, Inc. (OTCBB:SEVI - News), a leading integrator of Microsoft tools and provider of business consulting services, announced today that its permanent placement division has achieved over $100,000 in revenue per month from operations in December, January and February of 2006.

The PR on February 27 states: "Mr. Rhodes states that SEVI will be reporting operation profits for November 2005, December 2005 and January 2006. Further guidance on SEVI's plans for calendar year 2006 will be released in early March."

Very confusing PR today. Be careful folks. Is it the $100K/month an operation profit, or just gross revenue? Fronm the Feb. 27 PR, that's what it says, but from today's PR, the language is confusing at best: they are not mentioning "operation profit" but "revenue from operation," which could one could read as: "total revenue," "gross revenue," and not "operation profit." Can it be just a typo, or a confused CFO?

Note: the operation profit (operation income), its the part of the gross profit that remains after substrating the operating costs:

http://finance.yahoo.com/q/is?s=SEVI.OB

If anyone is in touch with these folks, in order to avoid any confusion, you may suggest them in the future PR's to talk about the "bottom line" (net income).

Mike