TORONTO, April 19, 2005 (PRIMEZONE) -- Thinkpath Inc., (OTCBB:THTHF) today announced a new contract worth approximately US$700,000 with a new aerospace and defense industry client. Thinkpath's team of twelve designers will be responsible for producing complete manufacturing drawings of air filtration systems for US Army helicopters. The ramp-up for this project is already underway with the necessary resources and infrastructure being assembled and the hiring of several new design engineers and detailers in process.
"I congratulate our management and sales team on winning this new and very prestigious client. It's a testimony to the credibility and solid reputation for quality we have built in this very competitive arena. Engineering and design solutions is the fastest growing sector of Thinkpath's business and we believe that this is the first of many such announcements to come in the next few months," stated Declan French, President and CEO of Thinkpath Inc.
Thinkpath is a global provider of Engineering Solutions in Engineering Knowledge Management, including Design, Analysis, FEA, Design/Build, On-site Support, Technical Publishing and Consulting.
Further information about the company may be found at www.thinkpath.com.
Forward-Looking Statement
This press release contains forward-looking statements regarding Thinkpath Inc., its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause Thinkpath's actual business, prospects and results of operations to differ materially from those that may be anticipated by such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by Thinkpath in this news release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect Thinkpath's business.