Amadeus Press Releases

Amadeus discloses results for the first quarter of fiscal 2008

Quebec City, November 29^th, 2007 — Amadeus International Inc. (TSX-V: Aii), a pioneer and leading provider of Enterprise Quality and Compliance Management software solutions, today announced its results for the first quarter of fiscal 2008, ended September 30th, 2007.

Amadeus’ revenues have decreased by 30% to $413,016 for the first quarter of fiscal 2008 ended September 30th, 2007, compared to $590,135 for the corresponding quarter of fiscal 2007. The Company incurred a net loss of $306,416, or $0.01 per share in the first quarter of fiscal 2008, compared to a loss of $ 378,598 or $0,22 per share post consolidation in the corresponding quarter. The net loss reduction comes from the continued efforts of optimization of the costs structure of the Company.

(Canadian dollars)	Fiscal Year Ended September 30th,
	2007	2006
	$	$
Revenues	413,016	590,135
Gross profit	309,140	401,409
Net loss from continuing operations	(306,416)	(394,401)
Net earnings from discontinued operations	-	(4,615)
Net loss	(306,416)	(378,598)

Current assets amounted to $935,796 on September 30th, 2007, versus $1,363,410 a year earlier. Current liabilities totaled $632,311 versus $919,389 in the same period last year. Amadeus increased its working capital by $272,096 to stand at $303,485 at the end of the first quarter, compared with a surplus of $31,389 at the end of the first quarter of fiscal 2007. As of September 30th, 2007, the Company had cash resources of $30,592. Its cash resources were primarily used to finance its operating activities during the year.

Outlook

The first quarter of fiscal year 2008 was marked by sustained cost optimization efforts started in fiscal 2007 and 2006 and which results will be felt starting January 2008. The Company also published the ICM (Internal Control Manager) functionality allowing companies to manage their internal controls, in compliance with the regulations of the Sarbanes-Oxley Act and Bill C-198. These initiatives and achievements allow Amadeus to strengthen its position with regard to its existing markets and customers and to tackle new niches, namely the financial compliance sector. Management is confident that these initiatives taken during fiscal year 2007 will help position the Company for growth and improved performance in the fast growing market that is Governance, Risk and Compliance process control today.

About Amadeus International

Amadeus International is a pioneer and leading provider of Enterprise Quality and Compliance Management software solutions.  For over 14 years, customers in the Life Sciences, Manufacturing, Financial Services and other industries have automated their compliance and quality processes using Amadeus software platforms. Its flagship product, eQCM^®, offers an integrated and very cost effective solution for enterprise governance, risk management, quality and compliance management. More information on Amadeus and eQCM^® can be found at www.amadeussolutions.com.

The information set forth in this press release includes certain forward-looking statements. Such statements are based on assumptions exposed to major risks and uncertainties. Although Amadeus deems the expectations reflected in these forward-looking statements to be reasonable, the Company cannot provide any guarantee as to their materialization. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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For further information:

Isabelle Rivoal
Communications Director
Phone: +1 (418) 525-0606, ext. 2231
E-mail: isabelle.rivoal@amadeussolutions.com