Zanett, Inc. (ZANE) Announces Record Contracts in Q2; $206 Million Among 50 Customers
Zanett, Inc. announced the closing of a record quarter with respect to the rate of contracts closed in a quarterly period. Between April 1, 2010 and June 30, 2010, more than $20 million in new business closed. According to the press release, year-to-date over $37.7 million of new business has been signed. The majority of this revenue is expected to be realized within the next 12 months. Dennis Harkins, President and CFO of Zanett, stated, "In its 10 years of existence, Zanett has never been better... Q2 is another record quarter for Zanett, and I am very excited about our…