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08/30/07 9:46 AM

#78605 RE: njnorm #78595

WNED
Total revenue for the nine months ended April 30, 2007 increased to $5,739,827 compared to $5,370,398 for the same period in 2006. Revenues from advertising increased to $715,617 for the nine months ended April 30, 2007 compared to $666,833 for the same period in 2006. Net services revenue from sports handicapping services (after deferred revenue adjustments) increased to $5,024,210 for the nine months ended April 30, 2007 compared to $4,703,565 for the same period in 2006. This increase in revenue is a result of a renewed focus on customer sales due to the hiring of a new VP of sales to oversee the individual salesmen.