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B-Scada Posts First Quarter Financials -- Shows Continued Growth
CRYSTAL RIVER, FL, Mar 07, 2013 (MARKETWIRE via COMTEX) --
B-Scada Inc. (OTCQB: MOBS) has filed its 10Q for the quarter ending
January 31, 2013. We continue to implement our strategic goals to
increase revenue from the sales of our products and services. In the
first quarter of fiscal 2013, revenues were consistent with those of
the comparative 2012 fiscal quarter. However, we signed multi-year
license and support fee agreements effective January 1st that in
total will be in excess of $2 million dollars over the initial seven
year term of the agreements. Within the first quarter we have also
increased our global network by adding resellers in India and
Indonesia.
CEO Ron DeSerranno cites 2012 as a 'solid year for B-Scada' and
anticipates continued growth in 2013 with the upcoming release of
Status Enterprise, our next generation SCADA (Supervisory Control and
Data Acquisition) system.
B-Scada's revenue is generated from two sources, through retail sales
of our HMI (Human Machine Interface) and SCADA software products and
through licensing of technology to other companies for use in the
products they produce. B-Scada has developed its own Industrial
Control and Monitoring solutions over the past five years. 'Status'
is a powerful SCADA software program capable of connecting to real
time industrial data and displaying the information in real time to
operators, maintenance personnel and supervisors. B-Scada has
attracted a number of resellers and system integrators that are now
promoting and using 'Status' in commercial settings. 'Status' is now
being used to monitor one of the largest subway systems in the world.
It is monitoring HVAC performance in pharmaceutical manufacturing
facilities in China, railways in Italy, and used in numerous vertical
markets in the United States including electricity generation, waste
water and EPA monitoring.
B-Scada, Inc. is trading under the symbol MOBS.
Names of actual companies and products mentioned herein may be
trademarks of their respective owners.
Contact
B-Scada, Inc.
Kathleen O'Keefe
Investor Relations
1255 N Vantage Pt. Dr.
Crystal River, FL 34429
www.b-scada.com
Tel: +1.352.564.9610
Fax: +1.352.564.9611
SOURCE: B-Scada, Inc.
http://www.b-scada.com/
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