Attached files
| file | filename |
|---|---|
| 10-Q - Cistera Networks, Inc. | form10q063010.htm |
| EX-31.1 - Cistera Networks, Inc. | form10q063010ex31.htm |
| EX-32.1 - Cistera Networks, Inc. | form10q063010ex32.htm |
Cistera
Networks Delivers First Quarter Operating Profit, Revenues Up 40%
PLANO,
Texas – August 13, 2010 – Cistera Networks® (OTCBB: CNWT) a leading provider of
enterprise application platforms and engines for unified communications today
reported results for the three month ended June 30th, 2010 (all figures in U.S.
dollars and U.S. GAAP except EBITDA).
Revenue
for the first quarter of fiscal 2011 was $0.644 million, up 21% from $0.51
million in the previous quarter and up 40% from $0.457 million in the same
quarter of last year.
Net
operating income for the quarter was $0.016 million, or $0.00 per share,
compared with net loss of $0.11 million or $0.00 per share, in the same quarter
last year. Earnings before Interest, Depreciation and Amortization, and Taxes
(EBITDA) were positive $90,736 or 14% of revenue.
“The
slowdown continues to affect our markets, particularly those of us that offer a
premium Unified Communications solution,” says Cistera CEO Greg Royal “However
we are seeing good progress in our pipeline and order book and have kept costs
under control” he added.
About Cistera Networks,
Inc.
Cistera
Networks is a leading provider of enterprise application communications
platforms and services. The company blends powerful application
infrastructure with industry-specific business processes, to deliver the
benefits of voice, video and data convergence to the user. Cistera’s
industry-leading platform delivers the most reliable, scalable and secure
application services for IP-based network environments. Its broad
portfolio of application services enables users to improve customer service and
satisfaction, increase productivity and collaboration, improve responsiveness to
critical incidents and to provide a safer environment. For more information,
please see www.cistera.com
This
release may be deemed to contain forward-looking statements that are subject to
the safe harbor provisions of the Private Litigation Reform Act of 1995. These
forward-looking statements include, among other things, statements regarding
future events and the future financial performance of Cistera Networks that
involve risks and uncertainties. Readers are cautioned that these
forward-looking statements are only predictions and may differ materially from
actual future events or results. Readers are referred to the documents filed by
Cistera Networks with the SEC, specifically the most recent reports on Form 10-K
and 10-Q, each as it may be amended from time to time, which identify important
risk factors that could cause actual results to differ from those contained in
the forward-looking statements.
Media
and Investor Contact:
Cistera
Networks Inc
972-381-4699
x75003
investors@cistera.com
###