Here is a great company, CLSI. They just released earnings showing a slight profit. Here is the whole PR.
Tuesday August 17, 3:54 pm Eastern Time
Company Press Release
Clancy Systems International, Inc. Reports Earnings
DENVER--(BUSINESS WIRE)--Aug. 17, 1999--Clancy Systems International, Inc. (OTC BB: CLSI - news) reported a net profit of $115,169 on revenues of $1,420,252 for the nine-month period ended June 30, 1999.
Revenues were 27% higher than for the same period in the prior year.
Expenses for the period were 22% higher than for the same period the prior year and were mainly attributable to the addition of new service contracts and the ongoing upgrade of clients to the year 2000- compliant system (including hardware and software). The Company anticipates having completed its Y2K client upgrades by the end of the fiscal year at September 30, 1999.
Forward-looking statements in this release are made pursuant to the ``safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition, technology changes, dependence on third-party suppliers and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
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Contact:
Clancy Systems International, Inc.
Stanley Wolfson, President, 303/753-0197
website: www.clancysystems.com
email: clancy@clancysystems.com |
