CoverAll Technologies (COVR)

[rrat02]

CC: Definitely worth a listen. Some highlights were:

- 2014 sales are starting with a base of approximately $17 million

$8.5 million in support revenue
$7.5 million in client services revenue
$775,000 in deferred licensing revenue which will be recognized in Q1

- the company reorganization will result in annualized cost savings of $1.5 million in 2014

- before starting the Q & A session Manish Shah said:

" I continue to work with the Board of Directors to explore ways for facilitating the growth of the company to improve shareholder value through means other than organic growth."