DALLAS, Feb. 17, 2005 (PRIMEZONE) -- Superclick, Inc. (OTCBB:SPCK) closed its first quarter for fiscal year 2005 on January 31, and today provided an update as to its progress. Chairman Todd M. Pitcher commented, "We are pleased to see continued execution from our management team in delivering strong quarter-over-quarter and year-over year results. Our SIMS platform continues to gain recognition and validation amongst both hotel customers and our distribution partners."
Amongst the key highlights that Superclick expects to report for the first quarter are:
-- Revenue of at least $1,400,000, representing approximately
380% growth over the first quarter of fiscal year 2004.
-- The first quarter will mark the 5th consecutive quarter
of increasing revenues.
-- Addition of 6,922 rooms over the first quarter, bringing
the total Superclick footprint to more than 26,000 hotel
rooms.
-- Number of hotel installs grew 22% on a quarter-over-quarter
basis and were up more than 350% from the same period last
year.
-- Established initial sales into European market through
Locatel partnership.
"Particularly encouraging to us was the Company's strong performance over the quarter, as it occurs in the midst of the holiday season which is typically a challenging period to execute deployments in the hospitality market," added Mr. Pitcher. Superclick remains committed to providing its customers with leading-edge data management solutions and world-class customer support.
About Superclick, Inc.
Superclick, Inc., through its wholly owned subsidiary, Superclick Networks, Inc., develops, manufactures, markets and supports the Superclick Internet Management System (SIMS) in the worldwide hospitality and multi-tenant unit (MTU) markets. Superclick provides customers with cost-effective Internet access and IP-based services utilizing high-speed DSL, CAT5 wiring, wireless and dial-up modem technologies. More than 100 customers throughout the United States, Canada, the Caribbean and Europe have installed Superclick's best-in-class data management platform including the InterContinental Hotels Group, Candlewood Suites, Crowne Plaza, Holiday Inn, Holiday Inn Express, JW Marriot, and Staybridge Suites. For more information visit www.superclick.com
Safe Harbor Statement
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements with the terms "believes," "belief," "expects," "intends," "anticipates," "will" or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.