Ubiquitech Software Corp (UBQU)

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7-17-17 PR, "UBQU" 2ND QTR '17 REVS_INCREASES_56%_&_EARNINGS_INCREASES_75%_YOY!!!_https://finance.yahoo.com/news/ubiquitech-second-quarter-2017-revenues-110000730.html

EXCERPT FROM 7-17-17 PR AS FOLLOWS:

Ubiquitech Second Quarter 2017 Revenues Increase 56% From the Previous Year, Net Income Increases In Excess of 75%

DENVER, CO--(Marketwired - Jul 17, 2017) - Ubiquitech Software Corp. ( OTC PINK : UBQU ), through its operating subsidiary HempLifeToday.com, today announced its second quarter 2017 financial results. Revenues for the quarter increased to $1,038,371 from $664,106 during the prior year period, and earnings increased to $73,101 from $41,777 during the second quarter of 2016.

The company credits continued awareness of the benefits if CBD oil derived from hemp, increased exposure and demand for its USA grown and formulated CannazALL™ brand hemp CBD products, attention to customer service, and innovative marketing initiatives for the increase in sales and profits. The company anticipates continued new product offerings during the balance of 2017.

CEO James Ballas said, "While we are very happy with our growth we always want to do better, and this year to date we've put a lot in place to create even greater growth moving forward. In fact, we are really looking at 4th quarter being our strongest growth curve ever as what we have put in place will have come to full fruition by then, as much of our marketing takes a little time to get geared up, but once it does it continues to grow and we have proven we can do this very profitably. We believe we are building this Company the right way and we will continue on this path.

DENVER, CO--(Marketwired - Jul 17, 2017) - Ubiquitech Software Corp. ( OTC PINK : UBQU ), through its operating subsidiary HempLifeToday.com, today announced its second quarter 2017 financial results. Revenues for the quarter increased to $1,038,371 from $664,106 during the prior year period, and earnings increased to $73,101 from $41,777 during the second quarter of 2016.

The company credits continued awareness of the benefits if CBD oil derived from hemp, increased exposure and demand for its USA grown and formulated CannazALL™ brand hemp CBD products, attention to customer service, and innovative marketing initiatives for the increase in sales and profits. The company anticipates continued new product offerings during the balance of 2017.

CEO James Ballas said, "While we are very happy with our growth we always want to do better, and this year to date we've put a lot in place to create even greater growth moving forward. In fact, we are really looking at 4th quarter being our strongest growth curve ever as what we have put in place will have come to full fruition by then, as much of our marketing takes a little time to get geared up, but once it does it continues to grow and we have proven we can do this very profitably. We believe we are building this Company the right way and we will continue on this path.

Complete quarterly financial results for the company have been posted to OTCMarkets.com.


YOY = YEAR OVER YEAR