Frontline Reports First Quarter 2012 Financial Results

Frontline Reports First Quarter 2012 Financial Results

ID: 151500

(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 05/30/12 -- Frontline Technologies Inc. (TSX VENTURE: FLC), a provider of technology- based equity and options trading services, IT infrastructure support and managed network services, released its first quarter results for the three months ended March 31, 2012.

Major elements of the first quarter statements include:

"Since the completion of the acquisition of Frontline Technologies Corporation in 2011, we are starting to realize the benefits of cost reductions. We are executing on our new strategic plans, with a focused objective on returning to profitability" said Hoss Astaraki, Chief Executive Officer.

About Frontline Technologies

Frontline Technologies Inc. is a provider of trading technology services for equities and options and also offers IT infrastructure support and managed services. Frontline Technologies is listed on the Toronto Venture Exchange (Ticker FLC) - Additional information is available at .

Forward looking statement disclaimer

Except for historical information contained herein, the matters discussed in this press release are based on forward-looking statements that involve risk and uncertainty. A variety of important factors could cause results to differ materially from such statements, including but not limited to economic, competitive, governmental and technological factors affecting the company's operation, markets, products, prices and other factors.



Contacts:
Frontline Technologies Inc.
Hoss Astaraki
Chairman and Chief Executive Officer
(416) 637-7462



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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 30.05.2012 - 20:00 Uhr
Sprache: Deutsch
News-ID 151500
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contact information:
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TORONTO, ONTARIO



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Internet



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