Contact Information: Contact: Jim Ammons 866-219-2025
Data Call Technologies, Inc. Reports an Astounding 778 Percent Increase in Quarterly Revenues, and a 47 Percent Reduction in Quarterly Cash Expenditures
| Quelle: Data Call Technologies, Inc.
HOUSTON, TX--(Marketwire - May 22, 2008) - Data Call (OTCBB : DCLT ), a provider of
real-time dynamic content for the Digital Signage Industry, announces the
Company's operating results for the first quarter ended March 31, 2008.
First Quarter Results
Data Call reported net revenues of $70,627.00 for the first quarter of 2008
versus $8,040.00 for the first quarter of 2007, a 778% increase. The
increase in revenues is largely attributed to accounts signed last year,
which are now maturing and producing revenue, and additional sales
generated as a result of exhibiting at this year's Digital Signage Expo.
Additionally, these figures exceeded internal projections, prepared in
Q4-2007 by 17%. Projected revenue for Q2-2008 is $78,200, which will
represent an 11% increase over Q1-2008.
The Company reported a 47% reduction in cash expenditures, over Q1-2007.
Moving forward, Data Call is committed to maintaining efforts to streamline
operations and focus on improving customer value of the Direct Lynk
Messenger product.
"We are ecstatic with our first-quarter results," said Jim Ammons, Chief
Executive Officer of Data Call Technologies, Inc. "In the 3rd Quarter of
2007, Data Call's new management team began to focus on identifying
processes and procedures which would reduce expenditures while driving up
revenues and customer satisfaction. As such, we are beginning to see
successful results of these initiatives. We are expecting another 8%
increase in revenues over Quarter two, and the future looks even brighter
over the next 12 months. We expect considerable growth as the company has
moved from its developmental stages into a leading data and information
provider to the Digital Signage segment of broadcasting."
For more information, please visit www.datacalltech.com
Statements contained herein, which are not historical facts, including
statements about plans and expectations regarding business areas and
opportunities, demand and acceptance of new or existing businesses, capital
resources and future financial results are "forward-looking" statements as
contemplated by the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are subject to risks and uncertainties,
including, but not limited to, government regulation, taxation, spending,
competition, general economic conditions and other risk factors which could
cause actual results to differ materially from those projected or implied
in the forward-looking statements. There may be other factors not mentioned
above that may cause actual results to differ materially from any
forward-looking information. The company takes no obligation to update or
correct forward-looking statements and takes no obligation to update or
correct information prepared by third parties that is not paid for by the
Company.