Company Reports 162.9% Increase in Net Sales Compared to FY 2007 SCOTTSDALE, Ariz., July 16 /PRNewswire-FirstCall/ -- EMTA Holdings, Inc., (OTC:EMHD) (BULLETIN BOARD: EMHD) , maker of XenTx(TM), Synergyn(TM) and other engine treatment and fuel efficiency products, today reported that they had filed the Company's FY 2008 10-K Annual Report. The report detailed an overall positive year in both operations and sales. Net Sales increased from $1,053,767 in 2007 to $2,769,949 in 2008 or an increase of $1,716.182 or 162.9%. This increase was due to improved XenTx sales to the commercial/industrial market and an increase in Dyson sales. The Company reduced its emphasis on retail sales and focused on the commercial/industrial market, particularly long haul trucking fleets and large earth moving equipment companies. The Gross Margin decreased by 6.8% which was due to increased petroleum based raw material costs used by the Synergyn product mix. The Company continued to reduce costs which resulted in both a reduction in SG&A expenses of $234,583 and R&D expenses of $186,247. These reductions provided that more funds could be directed primarily into raw material purchases as a result of increased sales demand. Net loss for 2008 was $2,450,084 as compared to $17,056,043 from the previous year. The results of this strategy is one of the reasons that the Company was able to achieve first quarter revenues for this fiscal year of $1,842,000 and net income of approximately $500,000 as was previously reported. Projected revenues for the current quarter are between $2.4 million and $2.8 million with a net income of between $648,000 and $756,000. EMTA Holdings, Inc. CEO Edmond L. Lonergan stated, "The Fiscal Year that just ended was a challenging year for the Company but it laid the foundation for what should be the continuing success in Fiscal Year 2009." About EMTA Holdings EMTA Holdings, Inc., (OTCBB: EMHD) develops and manufactures innovative products to conserve energy, particularly for petroleum-based fuels. The Company's engine and fuel additives are marketed under the brands XenTx(TM), Synergyn(TM) and CleanBoost(TM) brands, and are sold both to commercial and retail customers. They are available from key distributors, major automotive retailers and online at http://www.emtacorp.com/store. For additional information on EMTA products, please visit http://www.xentx.com/. Forward-Looking Statements: This press release discusses certain matters that may be considered "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the intent, belief or current expectations of EMTA Corp. ("the Company") and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could materially affect actual results such as, but not limited to: the ability of the Company to raise necessary capital; to attract and retain effective management; the lack of viable commercial applications or the failure of third-party contractors to perform their contractual obligations. Prospective investors are also referred to the other risks identified from time to time in the Company's reports and registration statement filed with the Securities and Exchange Commission. CONTACTS: Larry Downs Director of Communications Equiti-trend Advisors 800-585-6988 Or Paula C. Wright VP IR/PR/Media EMTA Holdings, Inc. 480-222-6222 DATASOURCE: EMTA Holdings, Inc. CONTACT: Larry Downs, Director of Communications of Equiti-trend Advisors, 1-800-585-6988, , for EMTA Holdings, Inc.; or Paula C. Wright, VP IR|PR|Media of EMTA Holdings, Inc., +1-480-222-6222, Web site: http://www.emtacorp.com/ http://www.xentx.com/

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