Alentus Corporation updates its Financial Picture.ALISO VIEJO, Calif. -- Alentus Corporation (Pink Sheets:ALNS ALNS Admiral Lord Nelson School (Portsmouth, UK) ALNS Alien Lord New Species ), a leading provider of web solutions including managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality , sharepoint hosting, Windows and Linux web hosting, and Microsoft exchange email services, today discussed its results for the quarter ended June 30, 2008 compared to the quarter ended March 31. Highlights of the financial results ending March 31, 2008 * Revenues: $972,333 * Gross Profit: $827,113 * Positive EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become : $214,702 * Completed first acquisition in March 2008 * Successive consecutive EBITDA for 109 months Highlights of the financial results ending June 30, 2008 * Revenues: $1,652,576, increased by 70% from Q1 * Gross Profit: $1,175,349 * Positive EBITDA: $157,170 * Completed two more acquisitions almost doubling revenues year to date. * Won a multi-million dollar contract from one of the largest credit card processing companies in the world. * Sustained consecutive EBITDA for 112 months The Company's revenues are achieved through offering various web hosting services, mainly shared and dedicated hosting and managed services, but also including managed converged voice, unified messaging, WAN connectivity, co-location, and dedicated Internet connectivity solutions. The higher sales volumes and revenue for June 2008 quarter is due to successful sales efforts and company acquisitions, trends that the company intend to continue this year and into the future. [TABLE OMITTED] "We are pleased that we have achieved another profitable quarter, which has been successive year over year, despite a difficult economic environment around the world," said William King, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . We continue to position the company for growth in 2009 with the capabilities to increase our capacity. "We continue to garner the benefits of our recent acquisitions," King continued. "Adding to our customer base, we focus on making Alentus the best choice for SMBs looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. world-class services from around the world. Our success is a result of dedication to customer satisfaction, affordable prices and a high level of technical support that is unmatched in the industry." Business Outlook: The Company expects to generate 2008 revenue of approximately $7.5 million with EBITDA of $1.15 million. About Alentus Corporation: Alentus Corporation is based in Aliso Viejo, California Aliso Viejo is a city in Orange County, California, United States. As of the 2000 census, Aliso Viejo population was 40,166. Aliso Viejo became Orange County's 34th city on July 1, 2001, and has been the only city in Orange County to incorporate since 2000. , with Data Center and Network Operations Center See NOC. Network Operations Center - (NOC) A location from which the operation of a network or internet is monitored. Additionally, this center usually serves as a clearinghouse for connectivity problems and efforts to resolve those problems. facilities in Edmonton, Alberta, Canada, Columbus and Austin in the United States and in London, United Kingdom. The company provides Microsoft Windows asp.net hosting, RedHat Linux website hosting, sharepoint hosting, SQL SQL in full Structured Query Language. Computer programming language used for retrieving records or parts of records in databases and performing various calculations before displaying the results. and mySQL database hosting, Microsoft Exchange Hosting, Virtual Private Servers (VPS (1) (Vectors Per Second) The measurement of the speed of a vector or array processor. See vector, vector processor and array processor. (2) (Virtual Private Server) See OS virtualization. ), and dedicated server solutions to thousands of small- to medium-sized companies and customized solutions to larger organizations including many Fortune 500 clients. Alentus is a Microsoft Gold Certified Partner, RedHat Ready Hosting Partner, and MySQL Enterprise Ready Partner. |
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