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Home : April 24 2012 Computer News : Texada Announces Results and Operating Highlights for the Year Ended December 31, 2011

Texada Announces Results and Operating Highlights for the Year Ended December 31, 2011

April 24, 2012

- Total revenues for 2011 were $7.7 Ml. compared to $4.5 Ml. in 2010. Net earnings for the year were $1.7 Ml. compared to net earnings of $0.28 Ml. in 2010. - Acquired the operating assets of Rolls High Reach ("Rolls"), a four location, Southern California based equipment rental operation- Launched a Software as a Service ("SaaS") deployment option and entered into a multi-year extension of its licensing arrangement with PROIV Technology Inc. - Closed $4.0 Ml. private placement and successfully converted and repaid the Company's convertible debentures

Link: http://www.marketwire.com/mw/release.do?id=1648337&sourceType=3
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