2008 Q1 revenues exceed full fiscal 2007 revenues
TORONTO, Feb. 29 /CNW/ - SilverBirch Inc. (TSXV: SVB) announces first quarter 2008 revenues of $860,468 versus $387,178 for the fourth quarter of 2007, representing 120% quarter over quarter growth.
"Our mobile acquisitions during the year allowed us to secure several comprehensive client relationships that are now accelerating growth for the company," said SilverBirch CEO, Derek van der Plaat, "while revenue growth was quite substantial, it fell somewhat short of our $1MM target due to unforeseen delays in transferring customer accounts from previous suppliers."
The complete SilverBirch Financial Statements and Management's Discussion and Analysis are available at www.sedar.com.
About SilverBirch Inc.
Toronto-based SilverBirch Inc. is a leading digital media company focused on the fastest growing sectors of the video game and mobile markets. Operating companies include Jambo Mobile Solutions, a fully integrated mobile media company with capabilities in mobile messaging and mobile content delivery, and SilverBirch Studios, a multi-platform video game developer and operator of an MMORPG (massive multiplayer online role-playing game) called Metin2 (see www.metin2.us). For more information, visit www.silverbirchstudios.com and www.jambomobile.com.
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