A profitable web-enabled Automobile Information Services Company providing accurate and real-time pricing data, to institutional and retail customers on a fee-for-service basis, through developing, owning and operating automotive related websites and providing information services to its clients.

The Company’s outlook is to continue to aggressively increase sales and deliver bottom line results for our shareholders by way of the following:

· Build on the success of the Company’s ongoing sales and marketing effort.

· Focus on increasing sales at Retail Services, Dealer Services and Advertising/Marketing Services divisions.

· Expand the implementation of our A.C.V. Insurance Services product offering.

· Maintain operating expenses and achieve the economies of scales of an Internet based business.

· Continue the expansion of third-party fee-based online advertising.

· Sustain material levels of growth and profitability with ongoing sequential earnings growth.

· Obtain and achieve cost efficiencies and savings in all operations where possible.

Management believes that Armada Data Corporation, with its financial resources, is poised for significant growth as it grows its niche markets in all aspects of its Internet and traditionally based businesses.

Last year revenues increased at all five Company divisions and the Company declared a dividend in the amount of ½ cent per common share to all shareholders of record as at September 1, 2009

During the year ended May 31, 2009 Armada achieved a number of important milestones.

· The Company declared its first dividend of ½ cent per share

· The Company reported the 3rd consecutive year of profitability with net income of $0.01 per share.

· For the 8th consecutive year, the Company remained debt-free

· Overall revenue grew from $1,732,944 in 2008 to $2,157,900 or an increase of 24.5%.

· Insurance Services revenue increased from $647,769 in 2008 to $734,679 or an increase of 13.4%.

· Retail Services revenue grew from $603,200 in 2008 to $716,197 or an increase of 18.7%.

· Dealer Services revenue grew from $389,790 in 2008 to $532,734 or an increase of 36.7%.

· Auto Marketing Group Services revenue grew from $54,866 in 2008 to $97,899 or an increase of 78.4%.

· Advertising/Marketing Services revenue grew from $37,319 in 2008 to $76,391 or an increase of 104.7%.

· CarCostCanada.com new membership sales grew from 14,966 in 2008 to 17,288 or an increase of 15.5%.

Armada Data Corp shares are listed on the TSX Venture exchange under the trading Symbol ARD. Armada has 13,598,831 shares outstanding.