NW Tech Capital, Inc. and Its Subsidiary, Teledigit Inc., Announce Results for July-August, a Record Breaking $410,712 in Revenu
September 09 2008 - 9:45AM
Marketwired
NW Tech Capital, Inc. (OTCBB: NWTT) today announced that its
subsidiary, Teledigit Inc., is reporting that the unaudited
revenues for July and August 2008 were in excess of $410,712.
As of August 31, 2008, unaudited revenues for July-August were
approximately $410,712, as compared to Teledigit revenues of
$377,445, representing a 12.5% increase in business during the same
period last year.
James Wheeler, CEO of NW Tech Capital, stated: "We continue to
see increases in sales related to our Cisco and Vertical
partnerships. Being a Cisco Select Certification Registered Partner
is paying off for Teledigit." Wheeler continues: "We are also
continuing to increase sales for the Vertical wave system. We
believe both of these systems are quality systems and leaders in
the VoIP markets. We are very excited about the growth that
Teledigit is making and look forward to posting a record quarter at
the end of September with them."
UPDATE ON CHINA:
Wheeler states: "Today I leave for meetings in China to finalize
an agreement with Zhuhai Jialun Guangcai Chain Drugstore Co., Ltd.,
http://www.gzhuang.cn/zhuhai/e_index.asp. We are looking forward to
a favorable outcome from these meetings. We will be setting forth
the plan and engaging the auditors that will be needed to audit the
Drugstore chain. Growth of pharmaceutical products in China is
expected to increase at 23.5% annually over the next 3 years and to
reach $126 billion USD in revenue by 2011 (according to Frost &
Sullivan, an independent market research and consulting firm). I
anticipate that we will return from China with a signed agreement
and a plan to advance the purchase."
About Teledigit Inc.
Teledigit Inc. operates a data & Telecommunications Company
in the Pacific Northwest. Established in 1995, Teledigit Inc. bases
its operations out of Portland, Oregon serving customers throughout
the United State.
About NW TECH CAPITAL, INC.
NW Tech trades on the OTC Bulletin Board under the ticker symbol
"NWTT." For more information on NW Tech Capital or Teledigit
contact investor@nwtechcapital.com or visit web site at
www.teledigitinc.com.
Certain Information
Investors are cautioned that certain statements contained in
this document as well as some statements in periodic press releases
and some oral statements of NWTT officials are "Forward-Looking
Statements": within the meaning of the Private Securities
Litigation Reform Act of 1995 (the "Act"). Certain statements in
this news release may contain forward-looking information and are
based on Management's current expectations, estimates and
projections subject to change. Words such as "anticipates,"
"expects," "intends," "plans," "targets," "projects," "believes,"
"seeks," "estimates" and similar expressions are intended to
identify such forward-looking statements. These statements are not
guarantees of future performance and are subject to certain risks,
uncertainties and other factors, some of which are beyond our
control and are difficult to predict. Therefore, actual outcomes
and results may differ materially from what is expressed or
forecasted in such forward-looking statements. You should not place
undue reliance on these forward-looking statements. Unless legally
required, the Company undertakes no obligation to update publicly
any forward-looking statements, whether as a result of new
information, future events or otherwise. The Company disclaims any
information that is created or distributed by any outside party and
endorses only information that is communicated by its official
Press Releases.
Contact Information: NW Tech Capital, Inc. Vancouver, WA James
Wheeler Chairman & CEO E-mail: Email Contact
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