Q3 Results FY2008

Highlights

• Signed sixteen agreements with new and existing customers.
• Completed the deployment of its software at nine existing clients.
• Total revenue increased by 36% to $10.7M.
• Gross margin percentage increased to 44%.
• Earnings from operations were $824K.
• EBITDA increased by 61% to $1,093K.
• Net earnings reached $707K or $0.05 per share.
• Generated $572K cash from operations.
• Backlog increased to $20.7 million

From the President

"We are now at a new level of growth and profitability. Our operations are now more in tune with our strategic plan, and our pipeline is strong and very focused on the vertical markets we have chosen to pursue. We had an excellent user group meeting in January with our heavy equipment clients and prospects, and continue to see great opportunity in this market. We believe that our revenue growth, backlog growth and improved gross margins and profitability provide clear testimony that our strategic plan is working."

Peter Brereton, President and CEO
TECSYS Inc.

Analysts Call Participants

Peter Brereton, President and CEO
Berty Ho-Wo-Cheong, CFO

Documents

• CEO Speech (Analysts Call) (170Kb)
• Quarterly Report (627Kb)
• Press Release:
  TECSYS' Revenue Soars by 36%; Posts 5 Cents/Share Net Earnings