DEQ Reports its 2012 Second Quarter Results
(firmenpresse) - LEVIS, QUEBEC -- (Marketwire) -- 07/19/12 -- DEQ Systems Corp. (TSX VENTURE: DEQ) ("DEQ" or the "Company") announces today the filing of its second quarter financial results for the period ended May 31, 2012. The Consolidated Financial Statements are available on SEDAR () and DEQ's website. A conference call will be held on Friday, July 20, 2012 at 11am EST to present and discuss these results. Those interested in participating should dial toll free 1 (800) 732 8470 or (416) 981-9000. A visual presentation (PowerPoint) will be available on DEQ's website in the Investors/Financial Reports/Presentation section to support the call content.
2012 SECOND QUARTER HIGHLIGHTS:
"With a total of 1,530 units installed worldwide generating over $5.5 M annual recurring revenue as well as multiple quarters in a row of double digit growth, DEQ is a strong growth emerging company in our industry", stated Earle G. Hall, President & CEO of DEQ. "Our current cost base is entering into a new economy of scale which will provide the margins necessary for us to achieve positive EBITDA and Positive Net Cash Flows. The current backlog and emerging projects give us great confidence in our future growth and upcoming quarters."
ABOUT DEQ
DEQ Systems Corp. (TSX VENTURE: DEQ) is a global provider of gaming technology in over 30 countries. Protected by more than 20 patents in 50 countries, DEQ specializes in progressive and random bonusing systems for table games. DEQ's innovation and ingenuity has been to replace the single dollar coin slot and sensor with its internationally award winning G3™ technology. The G3 incorporates multiple credit betting, dealer hand betting and mystery bonusing. DEQ also commercializes technology and patents including the award winning baccarat revolution, EZ Baccarat™ and related auxiliary products such as EZ Trak™. DEQ is and will continue to lead innovation in the table game bonusing segment of the global gaming market. For further information, please visit
Forward-looking statements contained in this Press Release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements.
TSX Venture does not accept any responsibility regarding the accuracy of the information contained in this press release.
Contacts:
Earle G. Hall
President & CEO
DEQ Systems Corp.
(418) 839-3012
Francois Proulx
Chief Financial Officer
DEQ Systems Corp.
(418) 839-3012
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 19.07.2012 - 20:21 Uhr
Sprache: Deutsch
News-ID 167125
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contact information:
Town:
LEVIS, QUEBEC
Kategorie:
Software
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