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Tuesday October 26, 7:32 pm Eastern Time
Company Press Release
Interactive Telesis Reports 1999 As Its Finest Fiscal Year
Company's Audited Financial Results See Revenues Nearly Triple in One Year While Reaching Annual Profitability for the First Time
SAN DIEGO--(BUSINESS WIRE)--Oct. 26, 1999-- Interactive Telesis Inc. (OTCBB:TSIS - news), a market leader in customized interactive voice response (IVR) services, is pleased to report its audited annual fiscal year 1999 results with revenues of $3,022,290 and earnings of $321,740, representing approximately 1 cent in net earnings per share.
The audited fiscal year 1999 (FY99) results represent a 174% increase over fiscal year 1998 (FY98), representing an increase in revenue volume to almost three times that of FY98. With FY99 being the company's first profitable year, the new profits show a positive earnings turnaround of nearly $1 million over FY98.
``We will continue our commitment to the highly profitable niche market business opportunities for customized IVR services,' stated Donald E. Cameron, president and chief executive officer of Interactive Telesis. ``Our strong investment in new operations technologies and excellent customer and partner relationships give us a leadership position in these markets and assures Interactive Telesis a continued profitable growth trend into the new millennium.'
ITI continues to expand its services to include five new offerings as well as a Channel Sales and Marketing Program. The program is focused on generating new sales and forming long-term, profitable partnerships with the country's leading telecommunications carriers and agents.
Headquartered in San Diego, Interactive Telesis offers a full line of IVR products for shareholder and corporate communication, including InvestorREACH(TM), MarketREACH(TM) and TeleSURVEY(TM). For more information, please visit www.interactivetelesis.com or call our Investor Relations department, toll-free, at 888/546-2957.
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Contact:
Interactive Telesis Inc.
JJ Jeffrey, 888/546-2957 |
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