Simtrol, Inc. (SMRL.OB) Announces Triple Digit Increase in Sales
Simtrol, Inc., an innovative developer of enterprise-class software solutions that manage the extended network of connected devices, today reported its first quarter 2009 fiscal results. Revenue for the first quarter totaled $251,287, a 215% increase compared to the $79,897 reported for the quarter ended March 31, 2008. Net loss for the quarter shrunk from $1,433,502, or ($0.19) per common share in the quarter ended March 31, 2008, to $882,733, or ($0.08) per common share. "Last quarter's sales success in this extremely challenging economic environment reflects the tremendous value that our core device management application delivers," stated Oliver Cooper, Simtrol Chief…