Third Millennium Telecommunications, Inc. Revenues Up 142%
PISCATAWAY, N.J.--(BUSINESS WIRE)--Feb. 25, 2002--Third Millennium Telecommunications, Inc. (OTCBB:TMTM), reported third-quarter revenue ending December 31, 2001 of $3,199,999 compared with $1,324,360 in the same period last year, a 142 percent increase.
The Company, a leading marketer of wireless products and services, also reported record profits for the third-quarter with net income of $235,435 versus a net loss of $15,286 for the same period last year.
"This is our second straight quarter of record earnings and our first as a public company," commented Mr. Mike Galkin, President of Third Millennium.
Galkin attributed the increase in revenues and earnings to the successful launching of the Company's e-commerce site in 2001 and expect continued success. "We have also begun signing significant government contracts for our secure satellite communication systems," stated Galkin.
Additional information about Third Millennium can be heard in an audio interview with Mr. Galkin at www.marketdd.com.
Third Millennium, founded in 1997, offers wireless products and services on a national basis through its proprietary enterprise software platform and state-of-the-art fulfillment center. Through its enterprise software, the Company can create customized and scalable solutions to meet the evolving needs of the Internet marketplace. The Company has relationships with AT&T Wireless, WorldCom Wireless and GlobalstarUSA Satellite Services and provides service to over 250 dealers and affiliates nationwide.
CONTACT:
Third Millennium Telecommunications
Mike Galkin, 732/465-1500
Email: mike@tmt2000.com
KEYWORD: NEW JERSEY
BW2045 FEB 25,2002
4:00 PACIFIC
7:00 EASTERN
