CRYSTAL RIVER, Fla.,
Nov. 26, 2013 /PRNewswire/
-- B-Scada, Inc. (OTCQB: MOBS), an industry leader in SCADA
(Supervisory Control and Data Acquisition) and HMI (Human Machine
Interface) software for data visualization, plans to publicly
announce and file with the Securities and Exchange Commission in
late January 2014 its annual
financial statements for the fiscal year ended October 31, 2013. Unaudited revenues for fiscal
2013 are expected to be approximately $1.54
million, exceeding revenues for fiscal 2012 by more than
$470,000, or approximately 45%.
Unaudited income before income taxes in fiscal 2013 is estimated to
be roughly $460,000 an approximate
200% increase over fiscal 2012.
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MANAGEMENT COMMENTARY
"We continue to improve our balance sheet, as we eliminate
liabilities and increase net income," said Ron DeSerranno, CEO. "Our investments in our web
presence, sales team and marketing automation in the past year are
expected to yield revenue increases for 2014. We are confident in
our ability to deliver long-term growth and profitability. The much
anticipated release of our Status Enterprise product continues to
be on track for early in the New Year. Status Enterprise is an
enterprise level SCADA system that will firmly establish our
position in the market as a leading edge technology provider for
the monitoring of live industrial and commercial data. Status
Enterprise will provide greater scalability, data modeling and
support for HTML5 enabled devices."
ABOUT B-SCADA, INC.
B-Scada specializes in the compelling visualization of real-time
data and has produced exceptional data visualization solutions for
manufacturing, power & utilities, automation, and other fields
of business making use of HMI and SCADA software products.
Since 2003, B-Scada's focus on user interface design solutions
for Windows and web applications has given us a unique perspective
and insight into the data visualization market.
Our vision is to be a global leader in the access and
visualization of information, which enables our commercial and
industrial customers to maximize employee effectiveness and
productivity, reduce unscheduled downtime, minimize the risk of
accidents and increase production quality.
NOTE REGARDING FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking
statements that involve known and unknown risks and uncertainties.
Examples of forward-looking statements include: projections of
capital expenditures, competitive pressures, revenues, growth
prospects, product development, financial resources and other
financial matters. You can identify these and other forward-looking
statements by the use of words such as "may," "will," "should,"
"plans," "anticipates," "believes," "estimates," "predicts,"
"intends," "potential" or the negative of such terms, or other
comparable terminology.
Our ability to predict the results of our operations or the
effects of various events on our operating results is inherently
uncertain. Therefore, we caution you to consider carefully the
matters described in this report, the documents incorporated by
reference in this report, and other publicly available sources.
These factors and many other factors beyond the control of our
management could cause our actual results, performance or
achievements to be materially different from any future results,
performance or achievements that may be expressed or implied by the
forward-looking statements.
Contact
B-Scada, Inc.
Kathleen O'Keefe
Investor Relations
corpcommunications@b-scada.com
1255 N. Vantage Point Dr.
Suite A
Crystal River, FL 34429
http://www.scada.com
SOURCE B-Scada, Inc.