CLSI: Clancy Systems International Message Board

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Microcap & Penny Stocks : CLSI: Clancy Systems International

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To: Due Diligence who wrote (86)	12/27/1999 2:01:00 PM
From: Mike Perras	Read Replies (1) of 101

Great News !! DENVER--(BUSINESS WIRE)--Dec. 27, 1999--Clancy Systems International's (OTCBB:CLSI - news) President Stanley Wolfson is pleased to announce year-end results with net income for year ended September 30, 1999, is $163,836 as compared to a loss of $28,028 for fiscal 1998. Income for year ended 9/30/99 was $326,201 less adjustments for interest, deduction for obsolete equipment and a loss from its equity-based partnership, Urban Transit Solutions in Puerto Rico. Revenues for fiscal 1999 increased 29% over fiscal 1998. The Company also announces it has entered into a parking citation issuance and processing contract with the city of St. Petersburg, FL. The Company anticipates the system will be fully operational by January 31, 2000. At the same time the Company will install a system at the Orlando, FL, airport. This steps up the program for the City of Orlando to cover all facilities.

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