Grey Horse Reports Strong Second Quarter Results Revenue increases 74%, Net income increases 414%, Diluted EPS increases 360% 10th consecutive profitable quarter

From: CCNMatthews Newswire | Date: August 9, 2007 | Copyright information

TORONTO, ONTARIO--(CCNMatthews - Aug. 9, 2007) - Grey Horse Corporation (TSX:GHC) ("Grey Horse" or "the Corporation"), a Canadian financial services company serving the corporate and institutional market, reported today strong financial results for the three months ended June 30, 2007.

Financial Highlights

The following unaudited information was determined in accordance with Canadian Generally Accepted Accounting Principles, except for EBITDA and EBITDA margin, which are non-GAAP measures of information that should not be construed as an alternative to net earnings and may not be comparable to ...

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