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News November 12, 21:37 Eastern Time
Interactive Telesis Inc. Reports Best-Ever Quarterly Results for Fiscal Quarter of 2000 -- Company Posts 159% Revenue Increase Over First Quarter
SAN DIEGO, Nov 12, 1999 (BUSINESS WIRE) -- Interactive Telesis Inc., a leader in customized IVR services , today reported unaudited revenues of $1,200,934 and earnings of $319,930 for its 1st quarter, fiscal year
2000, ending Oct. 31, 1999.
These results represent a 159% revenue increase versus the same quarter of fiscal year 1999, as well as a 10% gain over revenues generated in the fourth quarter of fiscal year 1999.
For the past five quarters, ITI's revenue growth has averaged over 30% per quarter. According to Don Cameron, president and chief executive officer of ITI, this trend reflects the company's commitment to strengthing its product line and expanding its customer base. "For the
past several years, Interactive Telesis has focused on developing our core business -- and we're now seeing the rewards of that focus," he said. "As we move forward, our growth will be reinforced by the addition of new offerings, such as our automated survey service
TeleSurvey. These application specific services utilizing our IVR products, will allow us to expand our customer base and accelerate revenue growth throughout the fiscal year 2000."
Cameron added that ITI has recently developed business relationships with some of North America's largest telecommunications companies. These high-profile clients, in addition to improving operating margins,
have laid the foundation for the company's sustained expansion.
Headquartered in San Diego, ITI offers a full line of IVR services. For more information please visit www.interactiveteleisis.com.
Copyright (C) 1999 Business Wire. All rights reserved.
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CONTACT: Interactive Telesis Inc.
JJ Jeffrey, 888/546-2957
WEB PAGE: businesswire.com
GEOGRAPHY: CALIFORNIA
INDUSTRY CODE: COMPUTERS/ELECTRONICS
TELECOMMUNICATIONS
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