Information Systems Associates Pre-Announces Third Quarter 2012 Revenue of Greater Than $250,000
October 23 2012 - 7:45AM
Marketwired
Information Systems Associates, Inc. (OTCQB: IOSA), a leading
provider of Mobile Data Center Management systems and turnkey data
center management solutions, today pre-announced third quarter 2012
revenues of greater than $250,000.
Third Quarter 2012 Highlights:
- Completed software sales to large organizations nationally and
internationally including a materials resource company and a
leading personal computer software manufacturer.
- Completed large professional services engagement with a major
telecommunications provider.
- Initiated an in-house product development organization.
- Initiated several new projects for closure in the fourth
quarter of 2012.
Adrian Goldfarb, Information Systems Associates' President and
CFO, remarked, "I am very pleased with the progress the Company has
made during the third quarter. Sales for both professional services
and software were encouraging and our software business has taken
the necessary steps to set the foundation for significant growth
over the next 24 months." Mr. Goldfarb continued, "Like many
technology companies, we are facing challenges with respect to the
worldwide slowdown in capital expenditure. We will remain focused
on maintaining our sales volume in conjunction with continued
investments in developing the DataCenterEasy product suite."
About Information Systems Associates
Information Systems Associates, Inc. (OTCQB: IOSA) based in
Stuart, FL. is a leading provider of Mobile Data Center Management
systems and turnkey data center management solutions. The suite of
products and services include data center asset/inventory
management, data center management software and data center data
collection. Utilizing a proprietary and patented technology, in
conjunction with industry leading Data Center Infrastructure
Management (DCIM) software, customers can now manage data centers
on a mobile basis, delivering more accurate information for
decision-making on new investments in information technology.
Information Systems Associates holds the trademarks for On Site
Physical Inventory, OSPI and Mobile Data Center Management. For
more information visit our website http://www.isa-inc.net
Safe Harbor Statement
This press release contains forward-looking statements including
expectations from the engagements during the third quarter of 2012.
Forward-looking statements can also be identified by words such as
"targets," "expects," "believes," "anticipates," "intends," "may,"
"will," "plan," "continue," "forecast," "remains," "would,"
"should," and similar expressions. Forward-looking statements are
based on current expectations, are not guarantees of future
performance and involve assumptions, risks, and uncertainties.
Actual performance and results may differ materially from those
contemplated by the forward-looking statements. We caution you
therefore against relying on any of these forward-looking
statements. They are neither statements of historical fact nor
guarantees or assurances of future performance. Important factors
that could cause actual results to differ materially from those in
the forward-looking statements include unexpected issues with our
software and other factors which may cause a delay in completing
the professional services engagements. Further information on our
risk factors is contained in our filings with the SEC, including
the Form 10-K for the year ended December 31, 2011. We undertake no
obligation to publicly update any forward-looking statement,
whether as a result of new information, future developments or
otherwise, except as may be required by law.
Individual Investor Relations Contact: Gerald Kieft WSR
Communications 772-219-7525
http://wsrcommunications.ir.stockpr.com/isa-inc/
http://www.WSRcommunications.com