Fireswirl Reports 2011 Q3 Financial Results and Strong Revenue Growth
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/08/11 -- Fireswirl Technologies Inc. (TSX VENTURE: FSW), "the Company", today announced its financial results for the third quarter ended September 30, 2011. All figures are quoted in Canadian dollars. Financial statements and accompanying MD&A are available on SEDAR.
Highlights for the third quarter were as follows:
Tony Lau, CEO, Fireswirl Technologies Inc. stated, "We are pleased to report that we have continued to increase our scale of business in terms of both sales revenue and the number of well-established brands we work with during this financial period. Our business model of partnering with major international and domestic brands to operate their official online store in China is very successful, and we are expanding into more product categories while improving our technologies and operation efficiencies at the same time."
"Unlike the generally depressed world economy, Chinese e-commerce market is growing by leaps and bounds. Fireswirl is striving to capture the phenomenal growth and create value for the shareholders," said Mr. Lau.
About Fireswirl
Fireswirl Technologies Inc. (TSX VENTURE: FSW) is focused on creating transactional revenue by engineering electronic and mobile commerce solutions for content providers. The Company's technology has broad applications for solutions requiring multiple payment interfaces, multicurrency and multi-language capabilities. Our solutions can be adapted to any industry seeking high volume or micro-payment solutions involving a wide base of users through internet or wireless applications.
Further information can be found on the company at: .
This news release contains certain forward-looking statements that reflect the current views and/or expectations of Fireswirl Technologies Inc. with respect to its performance, business and future events. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, those relating to changes in the market, potential downturns in economic conditions, foreign exchange fluctuations, general demand, competition and our ability to implement our business plans and strategies in a timely manner or at all. These risks, as well as others, could cause actual results and events to vary significantly. Fireswirl Technologies Inc. does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.
Contacts:
Fireswirl Technologies Inc.
Ji Yoon
Interim CFO
604.540-8805 Ext. 214
604.677-6613 (FAX)
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Datum: 08.11.2011 - 14:20 Uhr
Sprache: Deutsch
News-ID 85216
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VANCOUVER, BRITISH COLUMBIA
Kategorie:
Internet
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