Atlanta Technology Group Reports Third Quarter/Nine Month Profit.ATLANTA--(BUSINESS WIRE)--Nov. 13, 1997--Atlanta Technology Group Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : ATYG) today announced continued profitability for the third quarter and nine months ended Sept. 30, 1997. For the nine month period ended Sept. 30, 1997, the company reported net income of $162,678, or $0.04 per share, on revenues of $985,295, compared to a loss of ($97,647), or a loss of ($0.03) per share on revenues of $1,183,498 for the nine months of 1996. Weighted average number of shares outstanding were 4,479,680 and 3,078,663 for the 1997 and 1996 nine month periods, respectively. For the third quarter ended Sept. 30, 1997, the company reported net income of $4,481, or $0.00 per share, on revenues of $268,303, compared to net income for $65,134, or $0.02 per share, on revenues of $471,654. Weighted average number of shares outstanding were 4,830,213 and 3,626,362 for the 1997 and 1996 third quarters, respectively. James James, person in the Bible James, in the Gospel of St. Luke, kinsman of St. Jude. The original does not specify the relationship. James, rivers, United States James. Cassidy Cassidy (O'Caiside in Irish) is a common Irish surname. The surname translates to 'descendent of Caiside'. The family were a sept of County Fermanagh. The Caiside's were originally a medical family, who were hereditary physicians to the Maguires. , president of the company, said, "We are pleased with the turnabout in profitability for the nine months of 1997, compared to the same period of 1996. We think that bodes well for the future." The company also announced the release of its DocumentPlus system for physical therapy and rehabilitation rehabilitation: see physical therapy. clinics. The new product will be presented to practitioners at meetings throughout the coming year. DocumentPlus is a unique system developed for the medical correspondence industry. It is designed to eliminate 90 percent of the time spent by doctors and their staff producing reports and correspondence to attorneys, insurance companies, patients, referring doctors and other medical records. Since release of the product in 1994, the company has installed the system in more than 575 clinics in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada and Australia. Each installed system will generate recurring re·cur intr.v. re·curred, re·cur·ring, re·curs 1. To happen, come up, or show up again or repeatedly. 2. To return to one's attention or memory. 3. To return in thought or discourse. revenues that are now growing and contributing to the overall profitability of the company, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Cassidy. CONTACT: Martin E. Janis & Co., Chicago Hal Schweig, 312/943-1100 |
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