Universal Tracking Solutions Announces Record Third Quarter Revenues
2008年11月13日 - 11:17PM
ビジネスワイヤ(英語)
Universal Tracking Solutions (OTCBB: UTRK) is pleased to announce
that it has achieved 9 straight quarters of record revenues.
Revenues grew 74% for the quarter ending 9-30-08 to $351,054 from
$202,946 for the quarter ending 9-30-07. Revenues for the fist 9
months of 2008 are up 73% to $971,694 from $560,429 a year ago.
Keith Tench, CEO of UTS, states, �The Company has done an excellent
job with the limited resources we started out with. Our cash burn
rate is extremely low and we expect to be profitable in 2009. Now
that Universal Tracking Solutions is a publicly traded company, we
feel our goals of growing at an exponential rate will be easier to
achieve. We have spent the last two years positioning ourselves for
the public markets and the Company is very excited to be trading on
the bulletin boards as a fully reporting company. Our main
objective is to reward our investors for their continued support
and to attract new investors into what we believe is an excellent
opportunity.� Please visit our website at
www.universaltrackingsolutions.com to see more of our latest
enhancements, investor relations information, and information about
our company. This press release may contain forward-looking
statements covered within the meaning of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements
relate to, among other things, plans and timing for the
introduction or enhancement of our services and products,
statements about future market conditions, supply and demand
conditions, and other expectations, intentions and plans contained
in this press release that are not historical fact and involve
risks and uncertainties. Our expectations regarding future revenues
depend upon our ability to develop and supply products and services
that we may not produce today and that meet defined specifications.
When used in this press release, the words "plan," "expect,"
"believe," and similar expressions generally identify
forward-looking statements. These statements reflect our current
expectations. They are subject to a number of risks and
uncertainties, including, but not limited to, changes in technology
and changes in pervasive markets. UTS is dedicated to increasing
shareholder value and investor awareness. If you have any further
questions or comments, we would be happy to speak with you further.
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