BDP Broadview Press

Broadview Press (TSX VENTURE:BDP) reports that its net sales for Q1 2009
declined marginally from the same period in 2008. Gross sales for the first
quarter of 2009 were $732,424, down $135,318 or 15.6% from the previous year
(2008: $867,742). The decline is in line with management's expectations in the
light of the sale of the company's history and social sciences lists May 1,
2008. Returns for Q1 2009 declined by 29.9% to $290,545 (2008:$414,358). As a
result, net sales in Q1 declined marginally from the previous year, to $441,878
(2008: $453,384).


The company benefitted from currency change, with the Canadian dollar weaker in
the first quarter against the American dollar than it had been over the same
period in 2008. Management is less sanguine about the impact of currency
valuations on results in the key third quarter, in light of the recent upward
movement of the Canadian dollar.


Because Broadview's operations are seasonal, the company historically posts
losses in the first and second quarters, typically followed by profits in the
third and fourth quarters. For Q1 2009, the company is reporting a loss of
$276,865 before tax provisions (2008: -$456,662) and a net loss after tax
provisions of $188,268 (2008: -$303,680).


Broadview's quarterly financial statements, as well as its management discussion
and analysis of these results, can be read by visiting www.sedar.com. Broadview
Press is an internationally-oriented, Canadian-based academic book publisher.


Certain statements contained in this press release may be considered as
forward-looking. Such forward-looking statements are subject to risks and
uncertainties that could cause actual results to differ materially from
estimated or implied results.

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