Financial News Archives


Werner Bahlke Joins Municipal Software's Executive Team as Vice President of Development
June 18, 2007
Municipal Software (TSX:V:MSZ) is pleased to announce the addition of Werner Bahlke to the Executive Team as Vice President of Development.
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Municipal Solutions Group Inc. Grants Incentive Stock Options
June 18, 2007
Municipal Solutions Group, Inc. (TSX-V:MSZ), a provider of business process automation solutions for government, granted incentive stock options to Directors and Officers of the Company to purchase a total of 405,000 common shares of the Company under the Company's 2005 Stock Option Plan (the "Plan") with an expiry date of June 17, 2012 and an exercise price of $0.34 per share.
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Municipal Solutions Group Inc Announces Non-Brokered Private Placement
June 15, 2007
Municipal Solutions Group (TSX-V:MSZ) announces that it intends, subject to receipt of all necessary regulatory approvals, to complete a non-brokered private placement to raise between $750,000 and $1,000,000 through the issuance of up to 2,941,177 units at a price of $0.34 per unit.
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Municipal Solutions Group Inc Announces Restructuring and New Appointments
June 14, 2007
Municipal Software (TSX-V:MSZ) announces that it has implemented a restructuring that will significantly reduce its operating expenses while maintaining the company’s high standards of customer service and support.  Seven positions have been eliminated in management, admin istration and development.
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Executive Changes at Municipal Solutions Group Inc
June 14, 2007
Effective today, Rob Bennett has resigned from his position as President of Municipal Solutions Group Inc. as well as its related companies, and has resigned from the Board of Directors of the companies. 
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Municipal Solutions Announces Results for First Quarter 2007
May 30, 2007
Municipal Solutions Group, Inc. (“Municipal Solutions”) (TSX Venture: MSZ), a provider of business process automation solutions for local government, announced its unaudited financial results for the quarter ending March 31st, 2007 today.
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Municipal Solutions Announces Annual Results for 2006
April 30, 2007
Municipal Solutions Group, Inc. (“Municipal Solutions”) (TSX Venture: MSZ), a provider of business process automation solutions for Local Government, announced the financial results for the year ending December 31, 2006 today.
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Dennis Asbury joins Municipal Software's Executive Team as Vice President of Sales
March 6, 2007
Municipal Software (TSX:V:MSZ) is pleased to announce the addition of Dennis Asbury to the Executive Team as Vice President of Sales.
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Municipal Software Completes 10th Local Government Sale in 6 Months with a Cumulative Value of over US$3 Million
February 7, 2007
With the announcement of a sale to Augusta, GA this week, Municipal Software (TSX-V:MSZ) has announced ten sales of CityView PreBuilts in the past six months with a cumulative value in excess of US$3 million.  These ten projects range in size from US$144,000 to US$710,000 and the majority are scheduled for completion in the first half of 2007.
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Municipal Solutions Announces Results for Third Quarter 2006
November 23, 2006
Victoria, British Columbia, November 23rd 2006—Municipal Solutions Group, Inc. (“Municipal Solutions”) (TSX Venture: MSZ), a provider of business process automation solutions for local government, today announced its unaudited financial results for the quarter ending September 30th, 2006.
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Municipal Solutions Announces Results for Second Quarter 2006
August 30, 2006
Municipal Solutions Group, Inc. a provider of business process automation solutions for local government, today announced its unaudited financial results for the quarter ending June 30th, 2006.
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Municipal Solutions Announces Results for Second Quarter 2006
August 30, 2006
Municipal Solutions Group, Inc. a provider of business process automation solutions for local government, today announced its unaudited financial results for the quarter ending June 30th, 2006.
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Municipal Solutions Grants Incentive Stock Options
June 27, 2006
Municipal Solutions Group, Inc., a provider of business process automation solutions for government, granted incentive stock options to Directors and Officers of the Company...
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Municipal Solutions Announces Results for First Quarter 2006
May 30, 2006
Municipal Solutions Group, Inc. ("Municipal Solutions") (TSX Venture: MSZ), a provider of business process automation solutions for government, today announced the financial results for the quarter ending March 31st, 2006.
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Municipal Solutions Announces Annual Results For 2005
May 16, 2006
Municipal Solutions Group, Inc., a provider of a provider of business process automation solutions for government, today announced the financial results for the year ending December 31, 2005.
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Municipal Solutions Announces Completion of Second Tranche of Financing
May 12, 2006
Municipal Solutions Group Inc. a provider of business process automation solutions for government, announced today the completion of the second tranche of its previously announced financing and raised additional gross proceeds of approximately $230,350.
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Municipal Solutions Announces New Financing and Reorganization of Previously Issued Securities
April 27, 2006
Municipal Solutions Group Inc. (TSX-V: MSZ), a provider of business process automation solutions for government, announced today the completion of a new $1,871,191 financing as well as the reorganization of securities previously issued to Pender Growth Fund (VCC) Inc. and Iain McLean.
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Municipal Software Announces Executive Changes
April 11, 2006
Municipal Software (TSX-V:MSZ) is pleased to announce a number of changes to its Executive team designed to position the company for the next stage of growth.
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Municipal Solutions Completes Additional $400,000 Financing
February 23, 2006
Municipal Solutions Group Inc. (TSX-V: MSZ), a provider of business process automation solutions for government, announced today the completion of an additional financing totaling $400,000 by Pender Growth Fund (VCC) Inc.
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Municipal Solutions Announces Results for Third Quarter 2005
November 11, 2005
Municipal Solutions Group, Inc. today announced the financial results for the quarter ending September 30th, 2005.
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Municipal Solutions Completes Additional $200,000 Financing
September 22, 2005
Municipal Solutions Group Inc. announced today the completion of an additional financing totaling $200,000 by Pender Growth Fund (VCC) Inc.
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Municipal Solutions Announces Results for Second Quarter 2005
August 8, 2005
Municipal Solutions Group, Inc. today announced the financial results for the quarter ending June 30, 2005.
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Municipal Solutions Announces Financial Results for First Quarter 2005
May 17, 2005
Municipal Solutions Group, Inc. today announced the financial results for the quarter ending March 31st, 2005.
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Municipal Solutions Announces Closing of Financings
April 12, 2005
Municipal Solutions Group Inc. announced today the completion of the $900,000 second tranche of the $1,000,000 financing (the "Second Tranche") and $256,000 equity private placement (the "Private Placement") which were both previously announced on February 28, 2005.
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Municipal Solutions Announces Annual Results For 2004
April 11, 2005
Municipal Software today announced the financial results for the year ending December 31, 2004.
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Municipal Solutions Announces Shareholder Approval of Second Tranche of $1,000,000 Financing, Share Consolidation, Option Re-Pricing and Stock Option Plan
April 1, 2005
Municipal Solutions Group Inc. announced today that at an Extraordinary General Meeting, shareholders voted to accept the terms of the $900,000 second tranche of a two stage $1,000,000 financing originally announced on December 22, 2004.
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Municipal Solutions Announces Financings Totaling $1,406,000
February 28, 2005
Municipal Solutions Group Inc. announced today the completion of a bridge financing totaling $250,000 (the "Bridge Financing"), revised terms for the $900,000 second tranche of the financing previously announced on December 22, 2004 (the "Second Tranche"), and the terms of a $256,000 equity private placement (the "Private Placement").
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Municipal Completes First Stages of $1,000,000 Financing
December 22, 2004
Municipal Solutions Group Inc. announced the completion of the first stage of its non-brokered private placement of units to Pender Growth Fund (VCC) Inc.
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Municipal Arranges $1,000,000 Financing
December 13, 2004
Municipal Solutions Group Inc. announced that Pender Growth Fund (VCC) Inc., an arm's length venture capital corporation registered under the Small Business Venture Capital Act (British Columbia) has been chosen to complete a non-brokered private placement of up to 10,000,000 units.
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Municipal Solutions Announces Financial Results for Q2, 2004
August 27, 2004
Municipal Solutions Group Inc. announced financial results for the second quarter ending June 30, 2004.
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Municipal Solutions 2004 AGM Announcements
June 7, 2004
Municipal Solutions Group Inc. held its annual general meeting on Friday, June 4th.
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Municipal Solutions Completes $150,000 Financing
May 11, 2004
Municipal Solutions Group Inc.completes placement of its non-brokered private placement as previously announced on March 23, 2004.
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Robert Bennett and Troy Kusy Announce Increase in their Holdings of Municipal Solutions
May 3, 2004
Municipal Solutions Group Inc. announce that Robert Bennett and Troy Kusy have now increased their ownership or control by more than 2% of the number of outstanding shares of Municipal Solutions from their previous positions of 10.89% and 10.60% respectively.
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Municipal Solutions Announces Record Results for Q1, 2004
April 30, 2004
Municipal Solutions Group Inc. announced first quarter revenue of $1.26 million.
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Municipal Solutions Announces Annual Results for 2003
April 28, 2004
Municipal Solutions Group Inc. announced a revenue increase to $5.01m from $4.42m in 2002, a 13% increase, and a 64% increase in revenue over the last two years.
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Municipal Solutions Arranges $150,000 Financing
March 23, 2004
Municipal Solutions Group Inc. announced a non-brokered private placement of one million common shares at a price of 15 cetns per share for gross proceeds of $150,000.
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Municipal Solutions Announces Fiscal 2003 Third Quarter Results
November 3, 2003
Municipal Solutions Group Inc. announced third quarter revenue of $1.5 million, 48% greater than for the same period last year and 42% greater than the second quarter of 2003.
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Municipal Software Corporation is Named on 100 Top Canadian Software Organizations List
April 22, 2003
Municipal Software Corporation announced its place on the Branham 300 List as #79 of the 100 top Canadian Software Organizations.
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Municipal Solutions Announces Profitable Annual Results for 2002
April 7, 2003
Municipal Solutions Group Inc. announced the audited financial results for the year ended December 31, 2002.
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Robert Bennett and Troy Kusy Announce Increase in their Holdings of Municipal Solutions
April 2, 2003
Both Robert Bennett and Troy Kusy now own or control more than 10% of the number of outstanding shares of Municipal Solutions Group Inc.
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Municipal Solutions Group, Inc. Retains Leading Investor Relations Firm
March 4, 2003
Municipal Solutions Group Inc. announced that it has retained The Equicom Group Inc. to provide the company with strategic investor relations and financial communications services.
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Municipal Solutions Issues Common Shares for Settlement of Debt
January 29, 2003
Municipal Solutions Group Inc. has issued 275,000 common shares to Mr. Ben Yan.
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Municipal Solutions Appoints New Auditor and New Attorneys
December 19, 2002
Municipal Solutions Group Inc. announced KPMG LLP as new corporate auditors and Borden Ladner Gervais LLP and Browne Associates as corporate legal firms.
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Municipal Solutions to Issue Common Shares for Settlement of Debt / Issues Performance Shares for 2001 Financial Results
December 17, 2002
Municipal Solutions Group Inc. enters into an agreement with Mr. Ben Yan for the issuance of 275,000 common shares.
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Municipal Software Corporation Posts Q3 Results for 2002
October 29, 2002
Revenue rose to $1,041,185, an increase of 12% over the revenue booked last year during the same period.
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Former Commissioner of BC Securities Commission Appointed as Corporate Secretary
October 15, 2002
Municipal Solutions Group Inc. announced the appointment of H. Dunstan Browne as Corporate Secretary.
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Stock Options for Directors
August 27, 2002
The company has granted to its Directors options for the right to purchase up to 220,000 common shares.
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International Executive Joins Board
August 22, 2002
Municipal Solutions Group Inc. announced the appointment of Peter Dolezal to the Board of Directors.
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Software Executive Joins Board of Municipal Solutions Group, Inc.
August 6, 2002
Municipal Solutions Group Inc. announced appointment of Norm Cafik to Board of Directors.
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Municipal Software Corporation Posts Q2 Results for 2002
July 25, 2002
Revenue rose to $1,116,554, an increase of 88% over the revenue booked last year during the same period.
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Chairman Appointed / Report on 2002 Annual General Meeting / Change of Address
July 23, 2002
Details of the 2002 Annual General Meeting of Municipal Solutions Group Inc.
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Municipal Software Corporation Posts Q1 Results for 2002
April 30, 2002
Revenue rose to $646,856, an increase of 39% over last year's Q1 revenue.
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Municipal Solutions Group Appoints Former Finance Minister to Board of Directors
April 25, 2002
Municipal Solutions Group Inc. announced that Mel Couvelier was appointed as a member of the Board of Directors.
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Municipal Software Announces Record Revenue and Profit
March 22, 2002
Revenue increased in 2001 to $3.14m from $1.36m in 2000, a 230% increase.
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Municipal Software Corporation Acquired
January 29, 2002
Municipal Software Corporation announces that shares of the company will be traded on the Canadian Venture Exchange (CDNX) under the trading symbol of MSM.
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CDNX Provides Final Approval for name change and Change of Business and Symbol Change
January 11, 2002
Municipal Solutions Group Inc. symbol is MSM.
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Trans Asia Closes Acquisition of Municipal Software Corporation
January 11, 2002
Trans Asia Resources Inc. announced it has completed the purchase of all of the issued and outstanding common shares of Municipal Software Corporation.
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Municipal Solutions Group - MSM
January 9, 2002
CDNX has accepted for filing the company's Change of Business.
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Change of Business Conditionally Accepted by CDNX
November 15, 2001
CDNX has conditionally accepted for filing the company's Change of Business.
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Change of Business Filed with CDNX
October 24, 2001
A COB is filed with CDNX.
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Acquisition of Municipal Software Corp Approved by Shareholders
September 6, 2001
Trans Asia Resources Inc. is pleased to announce that shareholders approved the proposed acquistion of Municipal Software Corporation
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Further Amendment to Private Placement of Special Warrants
August 2, 2001
The Company has agreed to further amend the terms of the private placement of 800,000 Special Warrants.
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Report on 2001 AGM: Appointment of New Director: Continuing
July 9, 2001
The company is continuing the process of obtaining the necessary regulatory and shareholder approval for its proposed acquisition of all of the outstanding shares of Municipal Software Corporation.
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