CRYSTAL RIVER, Fla.,
Jan. 29, 2014 /PRNewswire/ -- B-Scada, Inc. (OTCQB:
MOBS), an industry leader in SCADA (Supervisory Control and Data
Acquisition) and HMI (Human Machine Interface) software for data
visualization, has filed its 10K for the fiscal year ended
October 31, 2013. Revenues for fiscal
2013, as anticipated, far exceeded those for 2012, posting at
$1.55 million for an increase of
approximately 45%. More than $214K of
debt has been eliminated from the Balance Sheet as promissory and
convertible notes were satisfied in 2013.
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MANAGEMENT COMMENTARY
In his Annual Report to Shareholders, Ron DeSerranno, CEO, noted that consulting and
services demand has started off strong in 2014, even stronger than
2013. Consulting service revenues are tied to the performance of
technology licensing and commercial software sales. Consulting
services for 2014 are expected to do at least as well as 2013.
Our target revenues for 2014 and 2015 are based on our current
licensing agreements, market activity, sales and marketing
investments and potential market impact of new products. Revenue
growth over the past two years has been very strong and we expect
that growth to continue through 2015.
ABOUT B-SCADA, INC.
B-Scada specializes in the compelling visualization of real-time
data and has produced exceptional data visualization solutions for
manufacturing, power & utilities, automation, and other fields
of business making use of HMI and SCADA software products.
Since 2003, B-Scada's focus on user interface design solutions
for Windows and web applications has given us a unique perspective
and insight into the data visualization market.
Our vision is to be a global leader in the access and
visualization of information, which enables our commercial and
industrial customers to maximize employee effectiveness and
productivity, reduce unscheduled downtime, minimize the risk of
accidents and increase production quality.
NOTE REGARDING FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking
statements that involve known and unknown risks and uncertainties.
Examples of forward-looking statements include: projections of
capital expenditures, competitive pressures, revenues, growth
prospects, product development, financial resources and other
financial matters. You can identify these and other forward-looking
statements by the use of words such as "may," "will," "should,"
"plans," "anticipates," "believes," "estimates," "predicts,"
"intends," "potential" or the negative of such terms, or other
comparable terminology.
Our ability to predict the results of our operations or the
effects of various events on our operating results is inherently
uncertain. Therefore, we caution you to consider carefully the
matters described in this report, the documents incorporated by
reference in this report, and other publicly available sources.
These factors and many other factors beyond the control of our
management could cause our actual results, performance or
achievements to be materially different from any future results,
performance or achievements that may be expressed or implied by the
forward-looking statements.
Contact
B-Scada, Inc.
Kathleen O'Keefe
Investor Relations
corpcommunications@b-scada.com
1255 N. Vantage Point Dr.
Suite A
Crystal River, FL 34429
http://www.scada.com
SOURCE B-Scada, Inc.