Veridien Reports Sales for the First Nine Months of 2007 of $1,609,191 versus $881,694 for Same Period 2006
Wednesday November 14, 3:19 pm ET
2007 Full Year Sales Projected to Be in Excess of $2,500,000 versus 2006 Sales of $1,850,066
LARGO, Fla.--(BUSINESS WIRE)--Veridien Corporation (OTCBB:VRDE - News) reported Sales for the first nine months of 2007 of $1,609,191 an increase of $727,497 or 83% over 2007 sales for the same period of $881,694. Third Quarter 2007 Sales were $341,560.
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Veridien is projecting sales for the fiscal year 2007 of over $2,500,000; the highest sales level in the company’s history. This projection is based on: (i) nine month sales as reported to date; (ii) purchase orders in hand of approximately $645,000; (iii) anticipated orders in late/final stages of negotiations; and (iv) recurring orders from existing customers.
Sheldon Fenton, President & CEO of Veridien said, “Over fiscal 2007 we have methodically built on our past successes and by year end we expect that our sales will be in excess of $2,500,000, the highest level in our company’s history.”
Full financial results for the quarter, as filed by Veridien today, are available at www.sec.gov.
