Juniper Group Reports Increase in Revenue
BOCA RATON, Fla., Apr 28, 2010 (BUSINESS WIRE) --
Juniper Group (JUNP:OB) reported today that its revenue for the year ended December 31, 2009 increased to approximately $1,070,000, or 71.2% over the revenue of approximately $625,000 for the year ended December 31, 2008. In addition, revenue in the fourth quarter of 2009 was approximately $856,000 or four times revenue of approximately $212,000 recorded in the first three quarters of 2009. This dramatic increase in revenue was a direct result of the Company"s wholly owned telecommunications subsidiary devoting all of its resources to successfully building its wireless infrastructure services business.
Vlado P. Hreljanovic, President and CEO said, "Our administrative, technical, and sales teams have done an exemplary job this past year in growing our business. Our emphasis on customer satisfaction is key to our financial growth. We will do everything in our power to continue this expected trend in 2010."
Safe Harbor
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," or variations of such words are intended to identify such forward-looking statements. The forward-looking statements contained in this press release include, statements regarding the expected growth trend. All forward-looking statements in this press release are made as of the date of this press release, and Juniper assumes no obligation to update these forward-looking statements other than as required by law. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements and include the risk that our growth will not continue as anticipated and the factors discussed in the Business and Management"s Discussion and Analysis sections in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Copies of these filings are available at www.sec.gov.
SOURCE: Juniper Group
Juniper Group, Inc.
Investor Relations: 516-829-4670
Copyright Business Wire 2010
AI
