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To: SiouxPal who wrote (118251)8/20/2003 6:44:39 AM
From: cavan  Read Replies (1) | Respond to of 150070
 
Segmentz(AH News) Increases Revenues by 86% for the Second Quarter
Tuesday August 19, 4:28 pm ET

TAMPA, Fla.--(BUSINESS WIRE)--Aug. 19, 2003--Segmentz, Inc. (OTCBB:SEGZ - News) announced earnings per share for the six months ended June 30, 2003 of $.04, compared with $.02 from the six months ended June 30, 2002. The Company met its revenue and earnings projections for the second quarter, realizing approximately $3.3 million in revenues and $.02 per share in net income, posting its sixth consecutive profitable quarter. Revenues increased 86% to approximately $3.3 million for the three months ended June 30, 2003, when compared with approximately $1.8 million for the three months ended June 30, 2002.
Allan J. Marshall, the Company's Chief Executive Officer stated: "The Company continues to meet milestones in revenue and earnings and, more importantly, has continued to develop new business and target acquisition candidates that are strategically aligned with our company's goals of providing high quality third party logistics services and building long-term value for our shareholders. We remain upbeat for the year-end and fiscal year 2004 as we continue to strengthen our pipeline of new business opportunities in what appears to be an improving economy."