SOURCE: Cistera Networks, Inc.

 Cistera Networks, Inc.

April 26, 2011 19:58 ET

Cistera Networks Delivers Record Full Year Profit

PLANO, TX--(Marketwire - Apr 26, 2011) - Cistera Networks® (PINKSHEETS: CNWT), a leading provider of enterprise application platforms and engines for unified communications, announces reported record results for Full Year ended March 31, 2011 (all figures in U.S. dollars and U.S. GAAP except EBITDA).

Net operating income for the full year was $0.417 million, compared with $0.038 million loss for the same quarter last year. Net income for the full year was $1.634 million or $0.08 per share inclusive of taxation reserve. Revenue for the full year was $2.4 million, up 5% from $2.3 million for full year ending March 31, 2010.

Revenue for the fourth quarter of fiscal 2011 was $0.431 million, down 15% from $0.51 million from the same quarter of last year. Net Income for the fourth quarter was $0.051 million up from a $0.29 million loss for the same quarter last year.

"Over the past two years we have remained focused on our strategy of transforming Cistera into a world-class provider of enterprise applications for unified communications," says Cistera CEO Greg Royal. "It has been gratifying to see the hard work and dedication of the entire Cistera team translate into our first full year of profitability and our best earnings ever."

Full Year 2010 Financial Highlights

  • Full Year Revenue increased 5% to $2.4 million
  • Full Year Net Operating Income was $0.417 million
  • Full Year EBITDA was 18% or $0.436 million
  • Full Year Net Income was $1.6 million or 8c per share

About Cistera Networks, Inc.

Cistera Networks is a leading provider of Event Alerting and Notification application infrastructure for large-scale enterprises and government public safety services. Cistera's award-winning platform, the Cistera Convergence Server delivers the most reliable, scalable and secure services for IP-centric notification and reporting capability available today. Cistera is used by organizations large and small including the United States Government and many Fortune 500 companies. For more information, please see http://www.cistera.com

This release may be deemed to contain forward-looking statements that are subject to the safe harbor provisions of the Private Litigation Reform Act of 1995. These forward-looking statements include, among other things, statements regarding future events and the future financial performance of Cistera Networks that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. Readers are referred to the documents filed by Cistera Networks with the SEC, specifically the most recent reports on Form 10-K and 10-Q, each as it may be amended from time to time, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements.

Contact Information

  • Media and Investor Contact:
    Cistera Networks Inc.
    972-381-4699 x75003
    Email Contact