SmartSales announces FY2002 results

SmartSales Inc. (CDNX:SA) announced today its results for the fiscal year ended January 31, 2002. The 2002 fiscal year included a thirteen-month period as a result of the change in the Companys year end from December 31 to January 31.

Toronto, June 17, 2002 - SmartSales Inc. (CDNX:SA) announced today its results for the fiscal year ended January 31, 2002. The 2002 fiscal year included a thirteen-month period as a result of the change in the Companys year end from December 31 to January 31. As well, the Company changed auditors at its last annual general meeting of shareholders and the financial statements being issued today represent the first set of statements to be audited by PricewaterhouseCoopers LLP. The change in auditors and year-end together with a number of items arising there from contributed to the delay in the release of the Companys audited financial statements for the 2002 fiscal year.

Revenue for the fiscal year ended January 31, 2002 was $2,023,521 compared to revenue of $673,868 for the twelve months ended December 31, 2000. The loss for the fiscal year was $2,503,228 or $0.11 per common share compared to a loss of $1,562,637 or $0.10 per share for the year ended December 31, 2000.

We are pleased with our growth in revenue during 2001 in spite of very difficult market conditions" said Don Parker, CEO of SmartSales. We have added some significant new names to our customer list" he added. SmartSales was significantly affected by the downturn in
information technology spending during the latter half of 2001 and particularly as this reduction in
spending affected the telecom sector, an area where the Company has established expertise.

The reduction in revenue occurred faster than the Company was able to moderate its corporate
structure and size to reduce overheads, and as a result, lost $0.11 per common share. SmartSales continues to aggressively pursue opportunities in its marketplace," Mr. Parker added.

The Company is currently reviewing a number of strategic alternatives that will assist it in raising the capital necessary to meet the operating requirements of the Company in the short-term as well as provide a more stable capital base for the longer-term.

OutSmart meets the functionality and ease of use needs of sales teams, while providing the reporting, tracking and management tools necessary to achieve corporate objectives. OutSmart can be deployed as a powerful stand-alone CRM solution. It can also be linked with InSmart, another SmartSales application that adds the ability to integrate customer and other business information from external or other legacy databases into the CRM application.

About SmartSales Inc.
SmartSales Inc. (CDNX:SA) is a leading provider of Customer Relationship Management
("CRM") solutions for organizations. The Company's product suite enables sales forces to
increase their effectiveness within a user-friendly environment. With rapid implementation,
reduced deployment costs and high user acceptance, SmartSales has accelerated the rate at
which businesses can compete and ultimately enhance customer satisfaction. SmartSales
delivers leading edge innovation and meets business demands while maximizing user
experiences.

For more information, please visit SmartSales' web site at http://www.smartsales.com/.

For more information, please contact:
SmartSales Inc.
1 (888)257-5559
E-mail: info@smartsales.com
or visit our web site http://www.smartsales.com/

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SmartSales is a protected trademark of SmartSales Inc. All other products and companies names
mentioned are the property of their respective owners and are mentioned for identification
purposes only.