Paraform Design (ZMGD) Q2 Financial Results
October 28 2011 - 3:45PM
Marketwired
Zamage Digital Art Imaging, Inc. (PINK SHEETS:ZMGD)
(www.zamagedigitalcorp.com) and its subsidiary Paraform Design are
pleased to report that the company financial results for Q2 had
been announced and publicized via alternative reporting means.
In summary, in the first six months of 2011, period ending on
June 30, 2011, Paraform Design's Gross Revenue reached $118,774,
with the Net (after tax) Profit standing at $82,373. The company is
profitable and self-sufficient. Paraform expects to continue to
increase these numbers by increasing manufacturing efficiency and
streamlining sales strategies. In the mean time, the company will
also focus on increasing company's exposure in the signage and
way-finding industry.
The complete Q2 financial report of Paraform Design had been
made available via Alternative Reporting System on the company IR
Support Suite site @
http://www.minamargroup.net/support/index.php?_m=downloads&_a=viewdownload&downloaditemid=3690&nav=0.
The report won't be available via OTCMarkets/Pinksheets. In these
economic times, ZMGD management sees the "reporting" costs of
OTCMarkets as cost prohibitive.
These Q2 figures do not include any assets or revenues of ZMGD
China based Everdow operating subsidiary. ZMGD and its China
subsidiary, at are odds due to ZMGD's refusal of dilution. The
North American management is taking further steps to resolve the
stale-mate situation. ZMGD management continues to explore the sale
or split off of Everdow.
More updates to follow shortly.
Safe Harbor Statement
Information in this news release may contain statements about
future expectations, plans, prospects or performance of Zamage
Digital Art Imaging, Inc., that constitute forward-looking
statements for purposes of the Safe Harbor Provisions under the
Private Securities Litigation Reform Act of 1995. The words or
phrases "can be," "expects," "may affect," "believed," "estimate,"
"project" and similar words and phrases are intended to identify
such forward-looking statements. Zamage Digital Art Imaging, Inc.
cautions you that any forward-looking information provided by or on
behalf of Zamage Digital Art Imaging, Inc. is not a guarantee of
future performance. None of the information in this press release
constitutes or is intended as an offer to sell securities or
investment advice of any kind. Zamage Digital Art Imaging, Inc.'s
actual results may differ materially from those anticipated in such
forward-looking statements as a result of various important
factors, some of which are beyond Zamage Digital Art Imaging,
Inc.'s control. In addition to those discussed in Zamage Digital
Art Imaging, Inc.'s press releases, public filings, and statements
by Zamage Digital Art Imaging, Inc.'s management, including, but
not limited to, Zamage Digital Art Imaging, Inc.'s estimate of the
sufficiency of its existing capital resources, Zamage Digital Art
Imaging, Inc.'s ability to raise additional capital to fund future
operations, Zamage Digital Art Imaging, Inc.'s ability to repay its
existing indebtedness, the uncertainties involved in estimating
market opportunities, and in identifying contracts which match
Zamage Digital Art Imaging, Inc.'s capability to be awarded
contracts. All such forward-looking statements are current only as
of the date on which such statements were made. Zamage Digital Art
Imaging, Inc. does not undertake any obligation to publicly update
any forward-looking statement to reflect events or circumstances
after the date on which any such statement is made or to reflect
the occurrence of unanticipated events.
Contacts: Zamage Digital Art Imaging, Inc. Investor Relations 1
800-365-4331www.minamargroup.net/helpdesk Investor Relations
Department Inquirieswww.minamargroup.net For M&A and Corporate
Matterswww.minamargroup.com
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