Information Systems Associates, Inc. (IOSA.OB) Pre-Announces Q1 2010 Results, Highlights
Information Systems Associates Inc., a leader in data center optimization software, services and solutions, today pre-announced its revenues for the first quarter ended March 31, 2010, as well as first-quarter highlights. The company posted revenues of $249,000 for the first quarter, a 25-percent increase from the first quarter 2009 revenues of $199,000. Information Systems also announced corporate restructuring during the first quarter, which resulted in increased operating efficiencies and a $75,000 reduction in its fixed quarterly expenses; and the completion of several projects for six Fortune 500 companies. Joe Coschera, Information Systems’ CEO, said the company has reviewed its operations…