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Seair annual results show strong revenue growth.

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M2 PRESSWIRE-29 December 2006-Seair Inc.: Seair annual results show strong revenue growth(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:29122006

Edmonton, Alberta CANADA - Seair Inc. (SDS - TSX Venture), announces the release of its audited annual financial statements for the year ending August 31, 2006.

Seair's consolidated sales and financial performance is summarized as follows:

Quarter Ending Year Ending

31-Aug-06 31-Aug-05 Change 31-Aug-06 31-Aug-05 Change=============================================================================Revenue

$333,779 $(7,803) 4378% $723,235 $77,042 839%Gross profit 329,851 5,637 5752% 615,252 31,996 1823%Net loss (32,440) (216,726) -85% (71,582) (612,853) -88%Basic loss per share (0.00) (0.01) (0.00)

(0.04)

Harold Kinasewich, Seair President and CEO, notes "We are delighted to report continued strong improvement to revenue and operating results. After acquiring the remaining Seair Septic shares in October 2006 we anticipate these positive trends to continue, particularly when our expanded fleet of portable waste water treatment units is fully deployed in the coming months."

Fiscal 2006 revenue of $723,235 was 839% higher than fiscal 2005. This increase is directly attributable to waste water treatment growth originating with Seair's March...

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