AquaCell Reports Results of Quarter Ended September 30, 2005
2005年11月15日 - 12:07PM
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AquaCell (AMEX:AQA) announced today the results for the quarter
ended September 30, 2005. During the quarter, the Company's
AquaCell Media subsidiary sold advertising to CBS Television for
the new prime-time comedy, "Out-of-Practice" under a campaign
titled, "Quench Your Thirst For Comedy", capitalizing on the
growing out-of-home sector of the advertising industry. In the
quarter, the Company restructured its Aquacell Water subsidiary
which, subsequent to the end of the quarter, has generated a
significant backlog that is expected to be shipped by the end of
December 2005. For the three months ended September 30, 2005 on a
consolidated basis, revenues were $169,000 as compared to $199,000
for the similar period of the preceding year. The decrease in sales
is primarily attributable to the restructuring of our Aquacell
Water subsidiary during the quarter, putting a new management team
in place. Net loss on a consolidated basis, attributable to common
stockholders, for the three months ended September 30, 2005
increased to $1,146,000 as compared to $877,000 for the same period
of the prior year. -0- *T Summary of Operating Results:
----------------------------- Three Months Ended September 30,
------------------------- ------------ ------------ 2005 2004
------------ ------------ Net revenues $ 169,000 $ 199,000
============ ============ Net loss attributable to common
stockholders $(1,146,000) $ (877,000) ============ ============ Net
loss per common share $ (0.06) $ (0.06) ============ ============
Weighted average shares outstanding 19,929,000 14,576,000
============ ============ *T For a complete report, please refer to
our Form 10QSB. About AquaCell Technologies: AquaCell, based in
Rancho Cucamonga, CA, through its Aquacell Water, Inc. subsidiary,
manufactures products for water filtration and purification. Its
products address various water treatment applications for
municipal, industrial, commercial, and institutional applications.
These applications range from providing purified drinking water to
processing water for industrial and commercial manufacturing.
Through its AquaCell Media, Inc. operating subsidiary, the Company
installs its patented self-filling Aquacell 1000 Bottled Water
Cooler Systems free of charge into various locations, including
retail establishments. AquaCell Media retains ownership of the
coolers, and revenue is generated through the sale of targeted
advertising on the band of the cooler's permanently attached
five-gallon bottle of products and/or services pertinent to the
location, similar to the concept of billboard advertising. Safe
Harbor. Statement Under the Private Securities Litigation Reform
Act of 1995. Certain statements in this press release constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or
achievements of the Company to be materially different from any
future results, performances or achievements expressed or implied
by such forward-looking statements. Forward-looking statements
include, but are not limited to, statements about: our ability to
continue relationships with customers; our ability to offer our
products at competitive prices; our ability to maintain our listing
on the American Stock Exchange; and our ability to use the most
current technology for our products.
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