MISSISSAUGA, ONTARIO, Oct. 30, 2009 (Marketwire) --

MISSISSAUGA, ONTARIO -- (Marketwire) -- 10/30/09 -- Armada Data Corporation (TSX VENTURE: ARD) is pleased to report that its interim financial results for the quarter ended August 31, 2009 have now been filed on Sedar and are available to view on the Company's website www.ArmadaData.com as well as on Sedar at www.Sedar.com.

Highlights for the Quarter compared to the same quarter last year

--  Net income increased to $156,298 from $45,381; an increase of 244% or
    1.2 cents per share

--  Revenue increased to $746,695 from $471,992 last year; an increase of
    58%

--  Operating income (before amortization and stock-based compensation)
    increased to $179,873 from $56,294 last year; an increase of 220% or 1.3
    cents per share

--  Dealer Services revenue increased 112%

--  Insurance Services revenue increased 72%

--  Retail Services revenue increased 44%

--  Advertising/Marketing Services revenue increased 23%

--  Company plans to increase yearly dividend. Amount to be determined at
    year end.

Record profits of 1.2 cents per share for the quarter ended August 31, 2009 were achieved as the Company reported its highest revenue and net income in the Company's history.

Overall revenue grew to $746,695; an increase of 58% from $471,992 a year earlier. Net income increased to $156,298 or 1.2 cents per share from $45,381 a year earlier; an increase of 244%.

Operating income (before amortization and stock-based compensation) increased to $179,873 or 1.3 cents per share from $56,294 a year earlier; an increase of 220%.

Four of the Company's five divisions experienced significant growth.

Dealer Services and Retail Services grew 112% and 44% respectively, primarily as a result of increased site traffic derived from a very successful advertising and marketing campaign using Google AdWords and other media advertising. Armada will be continuing its advertising efforts with Google and other mediums in an effort to further increase its market share. Current market share at quarter end was approximately 3.5% of retail new car buyers in Canada. Armada looks to increase its market share to 10%.

Insurance Services revenue increased 72% primarily as a result of market acceptance of Armada's new "ACV" Actual Cash Value insurance services product which is a complementary additional product developed by Armada targeting its existing customers.

In 2003 Armada set a new industry standard in claims settlement with its 43r.ca insurance services outsourcing product, which on average saved insurance Companies $1000 per claim on total loss incidents when a vehicle was 3 years old or newer.