CIMK OTC BB 1.10) GE just made a significant investment in this company in addition to ordering over $4m of product...and, they are very profitable:
(BSNS WIRE) CIMNET Recognized as Top 10% Micro Cap Company
CIMNET Recognized as Top 10% Micro Cap Company
Business Editors/Hi-Tech Writers
ROBESONIA, Pa.--(BUSINESS WIRE)--Sept. 19, 2001--CIMNET(R), Inc.
(OTC BB:CIMK) today announced their listing in the Business Week
Equity Investor's 26-Week Micro Cap Review dated September 17, 2001.
Business Week's review is dedicated to highlighting companies that
have stock prices that have performed in the top 10% of all micro cap
companies for the six-month period ending on June 30, 2001. CIMNET was
selected as a top 10% performer from the approximate 5,300 domestic
companies with market capatilizations below $200 million.
"As I mentioned in the profile for Business Week, CIMNET is
pleased with our track record to date and our future growth
opportunities," stated John Richardson, CEO of CIMNET. "It was an
honor to be selected as a top performing company for the publication,
but our goals are to continue to grow our business and extend our
relationships in the industries we serve."
About CIMNET: CIMNET designs, markets and integrates software for
manufacturing facilities. CIMNET's products allow manufacturing
companies to schedule and monitor work flow in real time and reduce
operating costs by improving quality of products being produced.
CIMNET's proprietary products, FOLDERs(TM), Infolink and DNC
Professional(TM), are used by discrete and process manufacturers in
the aerospace, automotive, medical device, food and beverage and
consumer packaged goods industries. For more information about CIMNET
products or services, go to their website at www.cimnetinc.com.
This press release contains certain forward-looking statements
within the meaning of section 27A of the Securities Act of 1933 and
section 21E of the Securities Exchange Act of 1934. When used in this
release, the words "believe," "anticipate," "think," "intend," "plan,"
"will be," "expect," and similar expressions identify such
forward-looking statements.
Such statements regarding future events and/or the future
financial performance of the Company are subject to certain risks and
uncertainties which could cause actual events or the actual future
results of the Company to differ materially from any forward-looking
statement.
Such risks and uncertainties include, among other things, the
availability of any needed financing, the Company's ability to
implement its business plan for various applications of its
technologies, the impact of competition, the management of growth, and
the other risks and uncertainties that may be detailed from time to
time in the Company's reports or registration statements filed with
The Securities and Exchange Commission.
In light of the significant risks and uncertainties inherent in
the forward-looking statements included herein, the inclusion of such
statements should not be regarded as a representation by the Company
or any other person that the objectives and plans of the Company will
be achieved.
--30--NR/ph*
CONTACT: CIMNET
John Richardson, 610/693-3114 ext. 3127
johnr@cimnetinc.com
or
Lipman Capital Group
John Lipman, 646/735-1297
pr@lipmangroup.com
KEYWORD: PENNSYLVANIA
INDUSTRY KEYWORD: BANKING COMPUTERS/ELECTRONICS MANUFACTURING
SOFTWARE
SOURCE: CIMNET
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com
*** end of story ***
(COMTEX) B: CIMNET Reports Record Earnings and Revenues
B: CIMNET Reports Record Earnings and Revenues
ROBESONIA, Pa., Aug 13, 2001 (BUSINESS WIRE) -- CIMNET(R), Inc. (OTC BB:CIMK)
today announced record earnings and revenues for the company for the second
quarter of this fiscal year.
Revenues for the quarter were $3.166 million, an increase of 238% over revenues
recorded for the same period last year. Net income before taxes for the quarter
was $1.36 million compared to a loss of $114 thousand for the same period last
year. Net income after taxes for the quarter was $866 thousand compared to a
loss of $114 thousand for the same period last year.
Based on the net income (after taxes) for the quarter, diluted earnings per
share (EPS) are $0.14/share. For the six months ending June 30, 2001, CIMNET's
EPS are $0.15/share.
CIMNET attributes the solid revenues and earnings to its growing Manufacturing
Execution System (MES) business. "We are continuing our installation and
implementation with our recent five site MES order, but have also secured
additional business with new and existing customers. Our goal, as always, is to
grow our MES business using the knowledge and expertise we have in house," said
John Richardson, CEO of CIMNET.
About CIMNET: CIMNET designs, markets and integrates software for manufacturing
facilities. CIMNET's products allow manufacturing companies to schedule and
monitor work flow in real time and reduce operating costs by improving quality
of products being produced.
CIMNET's proprietary products, FOLDERs(TM), Infolink and DNC Professional(TM),
are used by discrete and process manufacturers in the aerospace, automotive,
medical device, food and beverage and consumer packaged goods industries. For
more information about CIMNET products or services, go to their website at
www.cimnetinc.com.
This press release contains certain forward-looking statements within the
meaning of section 27A of the Securities Act of 1933 and section 21E of the
Securities Exchange Act of 1934. When used in this release, the words "believe,"
"anticipate," "think," "intend," "plan," "will be," "expect," and similar
expressions identify such forward-looking statements.
Such statements regarding future events and/or the future financial performance
of the Company are subject to certain risks and uncertainties which could cause
actual events or the actual future results of the Company to differ materially
from any forward-looking statement.
Such risks and uncertainties include, among other things, the availability of
any needed financing, the Company's ability to implement its business plan for
various applications of its technologies, the impact of competition, the
management of growth, and the other risks and uncertainties that may be detailed
from time to time in the Company's reports or registration statements filed with
The Securities and Exchange Commission.
In light of the significant risks and uncertainties inherent in the
forward-looking statements included herein, the inclusion of such statements
should not be regarded as a representation by the Company or any other person
that the objectives and plans of the Company will be achieved.
CONTACT: CIMNET
Press Contacts:
John Richardson, 610/693-3114 x 3127
johnr@cimnetinc.com
or
Lipman Capital Group
John Lipman, 646/735-1297,
pr@lipmangroup.com
URL: businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
Copyright (C) 2001 Business Wire. All rights reserved.
-0-
KEYWORD: PENNSYLVANIA
INDUSTRY KEYWORD: BANKING
COMPUTERS/ELECTRONICS
SOFTWARE
EARNINGS
SOURCE:
CIMNET
*** end of story *** |
