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DDSI - Digital Descriptor Systems, Inc. Announces First Quarter 2006 ResultsRevenues Increase 485 percent from first quarter 2005
May 19, 2006 (EWORLDWIRE via Comtex) -- Digital Descriptor Systems, Inc. (Pink
Sheets: DDSI), an industry leader in the development of Homeland Security
related products, today announced results for the period ending March 31, 2006.
Revenues grew 485 percent, to $870,964, from first quarter 2005 revenues of
$148,875. Gross profit rose over 450 percent, to $577,622, from $104,173 for the
same period in 2005. All numbers are fully audited.
In March 2005, DDSI acquired Somerset County, New Jersey-based CGM Applied
Security Technologies, Inc., a leading manufacturer and distributor of various
Homeland Security products.
"Sales and profit numbers continue their steady improvement," says Anthony
Shupin, CEO of DDSI. "This is a strong indication that our plan is working. We
are committed to raising the bar for our security products and services. DDSI
and CGM-AST products are state-of-the-art, and are being well received by the
market."
DDSI CFO Michael Pellegrino adds, "Our operating losses continue to decline.
When factoring earnings before interest, taxes, depreciation and amortization,
we are down 39 percent, to $122,600, from our prior year period amount of
$184,708."
DDSI NEEEEEEEEWS
Digital Descriptor Systems, Inc. Announces First Quarter 2006 ResultsRevenues Increase 485 percent from first quarter 2005
May 19, 2006 (EWORLDWIRE via Comtex) -- Digital Descriptor Systems, Inc. (Pink
Sheets: DDSI), an industry leader in the development of Homeland Security
related products, today announced results for the period ending March 31, 2006.
Revenues grew 485 percent, to $870,964, from first quarter 2005 revenues of
$148,875. Gross profit rose over 450 percent, to $577,622, from $104,173 for the
same period in 2005. All numbers are fully audited.
In March 2005, DDSI acquired Somerset County, New Jersey-based CGM Applied
Security Technologies, Inc., a leading manufacturer and distributor of various
Homeland Security products.
"Sales and profit numbers continue their steady improvement," says Anthony
Shupin, CEO of DDSI. "This is a strong indication that our plan is working. We
are committed to raising the bar for our security products and services. DDSI
and CGM-AST products are state-of-the-art, and are being well received by the
market."
DDSI CFO Michael Pellegrino adds, "Our operating losses continue to decline.
When factoring earnings before interest, taxes, depreciation and amortization,
we are down 39 percent, to $122,600, from our prior year period amount of
$184,708."
DDSI, lets remove UBSS and we runnnnnnnnnnnnn. :D
yes, DDSI ready to run
another day another DDSI try
i will hold.
DDSI - we are close to make it running, yes - weeeeeeeeeeeeeeeee! :D
DDSI? some people think that, yes - but .001 for the day would be fun too :D
Yes DDSI looking good
DDSI weeeeeeeeeeeeee
** DDSI !!
would just need a few trades, ready to run. fake wall at 65 thinner - ready...
USXP look!
USXP look!
USXP look!
USXP going now
USXP going now
USXP going now
USXP will run big like monday after breaking 65, we tried 2 times today, this time we get it i think :D
USXP will run big like monday after breaking 65, we tried 2 times today, this time we get it i think :D
USXP bid building again
USXP, next try to get 65 down soon today. then we get it done and run :D
yes, USXP group following: http://www.smallcapcenter.com/story.asp?mysection=headlines&mypage=newsalerts.asp&ticker=USX...
will go now - bid buliding - fake wall
USXP :D
watch USXP somethings cooking
look at USXP after lunch it will move.
I know, do you think today?
USXP - mm bsic has to cover LOL
USXP
USXP
Respectfully submitted March 24, 2004.
Thank you for that "News"!
USXP, vfin gone from ask, lets gooooooo
Loading up USXP big here!
USXP nice buys
USXP going anyway look :)
USXP turning fast again
The volume yesterday was not for nothing
TRAC is buying all the time... they jump in and out of the bid with huge sizes.
USXP, nice fight between TRAC and ARCA
IDCN bid up
and we go now IDCN