ATLANTA TECHNOLOGY GROUP, INC. SIX MONTHS' REVENUES UP 319% OVER 1994.ATLANTA--(BUSINESS WIRE)--Aug. 7, 1995--Atlanta Technology Group, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on Bulletin Board, ATYG) today announced a 319% increase in net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight for the first six months of 1995 over the same period last year. Net sales totaled $719,552 for the six month period in 1995 over $225,676 for the first six months of 1994. The company saw its same period net loss decrease from $543,412 in 1994 to $182,160 this year. This loss translated into a per share loss of $.07 this year as opposed to $.20 per share last year. Sales from Atlanta Technology Group, Inc.'s wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Time Value Corporation, accounted for most of the increase in revenue. Time Value Corporation's Documentplus medical cost containment cost containment, n the features of a dental benefits program or of the administration of the program designed to reduce or eliminate certain charges to the plan. software was introduced to the Chiropractic chiropractic (kīrəprăk`tĭk) [Gr.,=doing by hand], medical practice based on the theory that all disease results from a disruption of the functions of the nerves. market last fall. Since that time, the company has sold and installed over 140 Documentplus systems in doctors' offices nationwide. CONTACT: Atlanta Technology Group Inc. Greg Richter, 404/671-0600 |
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