First Three Quarters of 2007 Intelligentias Inc. (ITLI.OB) Sees $5.5 million in Revenue and 73.82% Gross Margin
Formerly a merchandise distribution company, Intelligentias has acquired intellectual property from SysteamUS and Syteam Italy associated with IT security software. Beginning in 2007 they discontinued operations of the merchandise distribution business to focus on providing homeland security, data retention, and tracking software and services to law enforcement agencies, telecommunications companies and Internet service providers. The company is actively involved in a number of marketing and selling campaigns as they strive to be the leader in data retention technology. The stock is trading at a significantly lower P/S when compared to other companies. Management is expecting 2008 revenues to reach $79…