Info Touch News Releases
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November 1, 2005
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October 10, 2005
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September 22, 2005
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September 15, 2005
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August 29, 2005
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August 2, 2005
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July 12, 2005
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June 15, 2005
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May 10, 2005
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May 2, 2005
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April 8, 2005
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March 28, 2005
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March 17, 2005
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March 17, 2005
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March 8, 2005
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March 2, 2005
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February 24, 2005
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January 27, 2005
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January 24, 2005
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January 17, 2005
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December 17, 2004
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December 16, 2004
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December 2, 2004
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December 1, 2004
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October 27, 2004
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October 12, 2004
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October 5, 2004
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September 27, 2004
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September 17, 2004
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August 24, 2004
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August 13, 2004
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June 28, 2004
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June 16, 2004
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June 15, 2004
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May 31, 2004
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May 4, 2004
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April 5, 2004
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March 31, 2004
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March 25, 2004
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March 19, 2004
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December 30, 2003
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November 12, 2003
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October 20, 2003
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October 14, 2003
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September 4, 2003
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August 7, 2003
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July 22, 2003
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June 27, 2003
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June 26, 2003
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June 17, 2003
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June 11, 2003
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May 27, 2003
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April 2, 2003
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March 31, 2003
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February 20, 2003
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January 28, 2003
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January 21, 2003
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January 7, 2003
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December 18, 2002
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October 16, 2002
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September 23, 2002
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September 16, 2002
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September 10, 2002
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August 26, 2002
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August 22, 2002
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August 19, 2002
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July 3, 2002
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July 2, 2002
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June 18, 2002
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June 11, 2002
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May 23, 2002
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May 8, 2002
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April 17, 2002
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April 9, 2002
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April 4, 2002
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April 2, 2002
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March 20, 2002
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March 7, 2002
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February 19, 2002
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February 6, 2002
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January 31, 2002
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January 30, 2002
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January 24, 2002
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January 2, 2002
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December 14, 2001
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December 7, 2001
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December 7, 2001
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Novemer 29, 2001
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Novemer 27, 2001
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Novemer 15, 2001
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October 30, 2001
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October 19, 2001
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October 16, 2001
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September 5, 2001
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July 9, 2001
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June 27, 2001
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June 26, 2001
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May 17, 2001
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May 9, 2001
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April 18, 2001
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April 16, 2001
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March 27, 2001
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February 21, 2001
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February 6, 2001
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January 23, 2001
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January 19, 2001
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December 22 (a), 2000
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December 22 (b), 2000
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December 5, 2000
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November 7, 2000
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October 25, 2000
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October 17, 2000
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October 2, 2000
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September 25, 2000
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July 17, 2000
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July 14, 2000
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July 12, 2000
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July 7, 2000
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July 5, 2000
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July 4, 2000
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June 29, 2000
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June 7, 2000
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May 15, 2000
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May 10, 2000
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May 4 (a), 2000
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May 4 (b), 2000
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April 17, 2000
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April 7 (a), 2000
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April 7 (b), 2000
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March 23, 2000
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March 21, 2000
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March 15, 2000
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February 22, 2000
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February 21, 2000
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February 10, 2000
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February 9 (a), 2000
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February 9 (b), 2000
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February 1, 2000
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January 18, 2000
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INFO TOUCH TECHNOLOGIES SECOND QUARTER RESULTS
-New Product Mix Boosts Gross Profit Margins-
BURNABY, BC, April 2nd, 2002
Info Touch Technologies Corp, (IFT: CDNX) (www.infotouch.net), the world's premiere clicks and mortar solution provider, is pleased to announce its second quarter results for the period ended January 31, 2002.
For the six-month period revenue increased 19% to $2,035,396 and gross profit margins increased substantially to 40% compared to $1,705,607 and 33% for the corresponding period one year ago. For the three-month period revenue decreased 22% to $794,366 however gross profit margins surged to 51% compared to $1,031,301 and 28% for the corresponding period one year ago. For the six-month period the company narrowed its loss to $623,233 from $1,406,650 and $356,099 from $705,330 for the second quarter. This quarter also included one-time costs and expenses of $66,461 attributed to the transaction with Interactive Technologies as well as expenses related to the transitioning of Info Touch's sales staff after the Compaq investment.
"Over the course of this year the company's highest priority has been to attain financial stability of its business and thereby set the foundation for profitability. As illustrated above we are seeing tangible improvements in all areas of operations including revenue, gross profit margins and a large reduction in expenses" stated Hamed Shahbazi, Chairman and CEO of Info Touch. Mr. Shahbazi continued, " the move away from manufactured goods in favor of software and service based revenue is delivering results and our advertising agency, Clicks and Mortar Media is on track with its best ever revenue performance. With numerous opportunities in hand we expect to increase revenue in the second half of this fiscal year and accelerate our goal to become a profitable growth company."
About Info Touch
Info Touch is North America's leading provider of kiosk software based security and management solutions. Surfnet Premiere, its flagship software platform, is the Fortune 1000's preferred solution for public access. Established in 1997, Info Touch provisions premiere kiosk technology solutions that help drive bottom-line benefits through the convergence of online and offline operations. Current Info Touch clients include Cable and Wireless (Caribbean), MCI WorldCom, Telmex, Chapters Indigo, Future Shop / Best Buy, Macs/Couchetard, Phillips Petroleum, Fairmont Hotels, Chase Manhattan Bank, Merrill Lynch / HSBC, the U.S. Army, Marines Corps and Navy.
Info Touch Technologies Corp.
Behshad Hastibakhsh, Media Relations
Tel: 604.298.4636, Ext. 250
Toll Free: 888.679.3322
Email: pr@infotouch.net
Linear Capital Corp. Contact
(Investor Relations - Info Touch Technologies Corp.)
John Lewis
Tel: 416-364-2266
Toll Free: 1-877-600-6001
Email: jrlewis@linearcapital.com
The Canadian Venture Exchange has not reviewed this news release and does not accept responsibility for its adequacy and accuracy. This is not a solicitation of securities.
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