LAMBDA TD Software Increases Revenue in 4th Quarter 2011
(firmenpresse) -
LAMBDA TD Software Increases Revenue in 4th Quarter 2011
Total gross profits exceeding $1.2 MM 2011
LAS VEGAS (NV), March 05, 2012: LAMBDA TD Software Inc. (FRANKFURT, Symbol: XLS, ISIN: US51327T1051, WKN: A0YJT2) today announced financial results for the third quarter of 2011. LAMBDA reported fourth quarter sales of $267,148 which brings the total 2011 revenue by December 31 to $1,654,076. Gross profit for the fourth quarter is $245,448, totaling $1,509,734 for the twelve months of 2011.
Robert M. Corcoran, CEO of LAMBDA TD Software, comments, “I am only satisfied with our fourth quarter results because of all the improvements we made in the company infrastructure, and that includes hiring a new Chief Operating Officer who has been reviewing all of our current contracts and making sure that our corporate documents are up to the highest standards. Over the past months we were able to further diversify our project base and aggressively extend our pipeline of deals to what has led to LAMBDA implementations in several large upscale villas and mansions, which initial revenues of that already reflected in this last year’s results.”
Pushing the implementation of LAMBDA’s large multi-hundred unit projects, such as Nevada-based Mira Villa, forward, while simultaneously further diversifying LAMBDA’s customer base with large upscale villas in Nevada and California, and extending LAMBDA’s revenue streams through exclusive partnerships with industry leading system integrators, such as Canada-based Condoplex Inc, who has been rolling out a brand new “Cloud Kiosk” product in collaboration with LAMBDA these last few last months.
LAMBDA TD Software is emphasizing its commitment to maximal transparency for investors. Even though not required as a First Quotation Board listed company, LAMBDA aligns itself with disclosure standards of Deutsche Boerse’s higher Entry Standard level to optimize company access for investors and as it is one of the its’ goals this year to become an Entry Standard Level traded company.
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ABOUT LAMBDA TD Software, Inc.
LAMBDA TD Software, Inc. (www.lambdatdsoftware.com) is a Las Vegas‐based Smart Home Automation company that develops and installs LFE™ Five (pronounced "Life Five”), the first cloud‐based smart home automation and universal remote control platform operated by LAMBDA’s patented LFE™ touch panel system. LAMBDA was founded in 2006 and provides smart home technology solutions to both commercial and residential customers. The flagship product, LFE™ FIVE (LAMBDA FIVE ENVIRONMENT), is the first open system, open architecture remote control system designed for homes, businesses, schools, hospitals, and municipalities. With LFE™ FIVE (LAMBDA FIVE ENVIRONMENT) entire high‐rise buildings can become connected and turned Green, an approach that is in many U.S. areas supported with government, carbon offset credits, and Green Tax credits. LAMBDA is publicly traded at the First Quotation Board at Deutsche Boerse in Frankfurt (Symbol: XLS, ISIN: US51327T1051, WKN: A0YJT20). CONTACT: Robert Corcoran at (702) 998-6465 Robert(at)lambdaTDsoftware.com.
Leseranfragen:
LAMBDA TD Software Inc
1755 Village Center Circle
Ste. 110-150
Las Vegas, NV 89134-0562
Pascal Niedermann / Investor Relations
Tel.: +1 (646) 873-7728
E-Mail: pascal(at)lambdatdsoftware.com
Datum: 09.03.2012 - 08:52 Uhr
Sprache: Deutsch
News-ID 123220
Anzahl Zeichen: 3435
contact information:
Town:
Wien
Kategorie:
Business News
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