SOURCE: Deaf-Talk, Inc.

Deaf-Talk, Inc.

July 18, 2012 07:00 ET

DT Interpreting Releases Year-End Financial Statements

PITTSBURGH, PA--(Marketwire - Jul 18, 2012) - Deaf-Talk, Inc. (PINKSHEETS: MGQG), dba DT Interpreting (DTI), the industry leader in on-demand video sign language interpreting, today announced the release of its unaudited financial statements for the fiscal year ending April 30, 2012. The statements provide a two-year comparison on an accrual basis and show the Company had revenue of $2,668,495.00 compared to revenue of $2,449,989.00 last year. Net income for the Company was $141,530.00 over $65,509.00 for last year, a significant increase in difficult economic conditions.

As of April 30, 2012, assets in the Company totaled $484,052.00 and liabilities were $157,177 with equity of $326,875.00.

Full financial statements will be available shortly on the Company's recently updated website investor's section at http://dtinterpreting.com/company/investors/. Expanded content on the improved website features information about DTI's new touchscreen video workstations, as well as the company's advanced DTVideoHub™ video server technology that was announced earlier this year. Current customers, in addition to new accounts, have been converting to the more advanced and easier to use equipment. The new website homepage can be reached at www.dtinterpreting.com.

Please email DT Interpreting President, C. David Stauffer at cdstauffer@dtinterpreting.com or write him at the following address, should you have any questions regarding the Company or its financial statements:

DT Interpreting
14 E. Main Street
Carnegie, PA 15317
ATTN: David Stauffer

About DT Interpreting
Founded in 1999 and now the industry leader, publicly-traded DT Interpreting is headquartered in Carnegie, PA, a suburb of Pittsburgh, with sales and customer service offices in Connecticut, Ohio and North Carolina. The Company provides on-demand video sign language and over the phone language interpretation in more than 150 languages, as well as full-scale document translation and translations into Braille.

Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of Deaf-Talk, Inc. dba DT Interpreting, which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.

Contact Information

  • DT Interpreting
    14 E. Main Street
    Carnegie, PA 15317
    ATTN: David Stauffer
    Email Contact