CALGARY, ALBERTA–(Marketwire – July 19, 2010) – CanaDream Corporation (TSX VENTURE : CDN) today announced financial results for the year ended April 30, 2010, as follows: Revenues for the year of $22.3 million is 5% lower than last year, cash flow from operations of $5.0 million (25 cents per share) is 36% lower than last year, net income and comprehensive income of $326,000 is 60% lower than last year. The Company encourages interested parties to access CanaDream Corporation’s Management Discussion and Analysis (MD&A) on the SEDAR website, www.sedar.com , for a more detailed discussion of these results. Summarized results for the year ended April 30, 2010 are as follows: April 30, 2010 April 30, 2009 %Change Revenue $ 22,318,000 $ 23,525,000 (5 % ) Revenue less direct expenses $ 9,329,000 $ 10,586,000 (12 % ) Income before income tax $ 513,000 $ 1,080,000 (53 % ) Net and comprehensive income $ 326,000 $ 812,000 (60 % ) Cash flow from operations $ 5,029,000 $ 7,869,000 (36 % ) Basic earnings per share 1.75 cents 4.92 cents (64 % ) Fully diluted earnings per share 1.70 cents 4.69 cents (64 %) Common Shares outstanding 19,752,657 16,472,042 20 % Weighted average number of common shares outstanding 18,640,112 16,505,239 13 % Income before income taxes of $513,000 decreased $567,000 or 53% from the prior year.