+ Bookmark This Page    
Preferences  |  3:41 AM
  1. Home
  2. Latest Press Releases
  3. Submit Press Releases
  1. PR Home
  2. News Archive
  3. By Category
  4. By Location
  5. By Date
  6. By Tag
  7. Newsletter
  8. 40,000 RSS Feeds
  9. Submit Free Press Release
   
Filter News
Show All Results

Show Filtered Results

Category
(To see all categories,
remove other filters)


Country
- Morocco (x)

State / Province

City / Town
Select State First

Gunther International Announces Year End Financial Results

Gunther International Ltd. (OTC Pink Sheets: SORT.PK), a leading designer and manufacturer of high-volume, intelligent software-driven mailing systems, today announced its financial results for the year ended March 31, 2009.
 

FOR IMMEDIATE RELEASE

PRLog (Press Release)Jun 29, 2009 – NORWICH, CONNECTICUT - Gunther International Ltd. (OTC Pink Sheets:  SORT.PK), a leading designer and manufacturer of high-volume, intelligent software-driven mailing systems, today announced its financial results for the year ended March 31, 2009.

For the twelve months ended March 31, 2009 total sales were $37.5 million, compared to total sales of $28.8 million for the twelve month period ended March 31, 2008.  The $8.7 million increase is a result of a $9.0 million and $307 thousand increase in system sales and maintenance, respectively, partially off set by a drop in supply sales of $624 thousand over the same twelve month period of the prior year. Net income was $1,369 thousand, or $0.07 per share, for the twelve month period, compared to a net loss of $1,126 thousand, or ($0.06) per share, for the comparable period last year.

The Company posts current financial statements and other important information on PinkSheets.com (http://www.pinksheets.com; symbol: SORT.PK), as well as the Company’s own website (http://guntherintl.com).  

Marc Perkins, President and Chief Executive Officer of the Company stated, “The increase in System sales is due to the significant number of new orders for high-speed assembly systems and upgrades, resulting in a systems order backlog of $3.1 million at May 31, 2009 compared to a backlog of $8.9 million at May 31, 2008”.  Mr. Perkins added that “Although the current backlog is lower, the Company has ongoing negotiations that should result in additional orders.”

# # #

Gunther International designs, manufacturers and services high speed production mailing systems to organizations that define professional customer communications as an integral part of their business.


To embed this press release, copy and paste the following HTML code into your webpage-
# # # Click to see PDF Version of this Press Release

Email to a Friend     Visit Press Room       Previous News   Next News


Issued By:Marc Perkins, President, Chief Executive Officer
Email Contact:Click to email (Partial email =  @guntherintl.com)
Phone:860-823-1427
Fax:860-886-8889
Address:1 Winnenden Road
City/Town:Norwich
State/Province:Connecticut
Zip:06360
Country:United States
Categories:Manufacturing, Insurance, Finance
Last Updated:Jun 29, 2009
Shortcut:http://prlog.org/10269827

Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog.Org can't be held liable for the contents of the press releases.   Report Abuse


Latest Press Releases From “Gunther International”


Upcoming Press Releases...


Related?

2009 Trends to Watch: Insurance Technology--ChinaCCM adds new report

New Pricing on Islamic Finance Seminar

Health Insurance Decisions in an Economic Recession

YourFinance The Financial Superstore Is Open For Business

Newgen recognized as an innovator in the ECM report update by Bloor research.


Most Viewed Weekly

Responding to H1N1 Flu-like Symptoms and H1N1 Flu Prevention - 6744 views

Movie about Sirius XM Radio Gets Worldwide Distribution Deal - 2327 views

Sprint Nextel Corporation faces long term shareholder investigation - 1720 views

Apollo Group, Inc. faces shareholder investigation - 1187 views

Service Records Of Two Million First World War British Soldiers Now Online - 1140 views


Daily News!

Manufacturing Journalist TR Cutler Devises Coaching Systems for Manufacturers

Sustainable Construction Services and ZeroEnergy Design Win Gold CotY Award

Emirates Computers to equip BMW’s New Showroom with Cutting Edge Technologies

Detroit Band Helps Raise Funds For Charity

CAYIN helps balance the scorecard for Balfour Beatty Plant & Fleet Services

Previous   Next

Jun 29, 2009 News

Jun 2009 News

Are you a Journalist?

For Businesses ...

Tutorial on Free Marketing


November 2009
Su Sa Fr Th We Tu Mo
8 7 6 5 4 3 2
1
October 2009
31 30 29 28 27 26
25 24 23 22 21 20 19
18 17 16 15 14 13 12



  1. SiteMap
  2. Contact PRLog
  3. Privacy Policy
  4. Terms of Use
  5. Copyright Notice