MBRI Mobile Reach Announces an Almost 600% Increase in Preliminary Second Quarter
evenues ( PRNewswire-FirstCall )
CARY, N.C., Feb 3, 2004 /PRNewswire-FirstCall via COMTEX/ -- Mobile Reach
International, Inc., (OTC Bulletin Board: MBRI) a product and services company
that focuses on integrating mobility solutions, today announced an update for
its operating activities for the second quarter ending January 31, 2004.
Mobile Reach International, Inc., Chief Executive Officer Michael J. Hewitt
issued the following statement, "It has been a quarter of dramatic change for
our Company. We have been executing against the strategy set forth one year ago
in our enterprise business units. We expect the coming quarters to be even
brighter as we start to recognize the revenues from the Waves' Consulting Group
acquisition."
During the second Quarter of 2004 Mobile Reach International, Inc. and its
subsidiaries generated approximately $335,000 in total revenue compared to
$56,000 the previous quarter ending October 31, 2003. As a result, Mobile Reach
International, Inc. enters its third quarter foreseeing similar customer growth
both on the enterprise and Small to Medium Business (SMB) markets.
About Mobile Reach:
Mobile Reach International (MRI) is a product and services company focused on
providing mobile business solutions throughout the United States and Europe. The
product offerings are used to extend and integrate business applications to
mobile platforms. Additionally, our wide range of service offerings includes a
myriad of support functions including the definition, selection, implementation
and utilization of mobile business solutions. Visit mobilereach.com .
Forward-Looking Statements:
Certain statements in this news release may constitute "forward-looking"
statements within the meaning of Section 21E of the Securities Exchange Act of
1934. Such forward looking statements involve risk, uncertainties, and other
factors, which may cause the actual results, performance, or achievement
expressed or implied by such forward looking statements to differ materially
from the forward looking statements.
Contact Information:
Investor Relations
Mobile Reach International, Inc.
Phone: 1.919.469.6990
ir@mobilereach.com
SOURCE Mobile Reach International, Inc.
CONTACT: Investor Relations of Mobile Reach International, Inc.,
+1-919-469-6990, ir@mobilereach.com
URL: mobilereach.com
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KEYWORD: North Carolina
INDUSTRY KEYWORD: TLS
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SUBJECT CODE: ERP
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