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SAMSys Technologies Reports Fiscal 2006 Q1 Financial Results and Holds Investor Conference Call
SAMSys Technologies Reports Fiscal 2006 Q1 Financial Results and Holds Investor Conference Call.
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[{"type":"text","content":"\n\n\n\n\nStock Symbol: SMY\nListing: Toronto Stock Exchange (TSX)\nOutstanding Shares: 51.5 Million \nWeb Site: www.samsys.com\n\nTORONTO, Feb. 14 /CNW/ - SAMSys Technologies Inc., (\"SAMSys\"), (TSX:SMY),\nwww.samsys.com, of Toronto, an international provider of Radio Frequency\nIdentification (RFID) reader hardware solutions, today reports on the\nCompany's unaudited fiscal 2006 first quarter financial results for the \nthree-month period ended December 31, 2005.\nThe following summarizes the key points for the period updated to\nFebruary 14, 2006 (note - all dollars Canadian):\n\n- Revenue from all sources was $1.22 million compared to $1.04 million\n in the quarter ended September 30, 2005, representing a 17% increase.\n- Loss for the period was $2.07 million ($0.04 per share loss) compared\n to a loss of $2.53 million ($0.05 per share loss) million for the\n quarter ended September 30, 2005.\n- SAMSys held cash and short-term investments of $8.39 million at\n December 31, 2005\n- As of January 1,2006, Tom Dziersk commenced his role as SAMSys' new\n President and Chief Executive Officer.\n- In May 2006, the Company will be unveiling its next generation RFID\n reader.\n\n>\n\n\n","length":10126,"tagName":"div"}]