Clancy Systems International Announces Year-End Results.Business Editors DENVER--(BUSINESS WIRE)--Dec. 27, 1999 Clancy Systems International's (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CLSI CLSI Clinical and Laboratory Standards Institute (Wayne, PA) CLSI Cisco Link Services Interface ) President Stanley Wolfson is pleased to announce year-end results with net income for year ended September 30, 1999, is $163,836 as compared to a loss of $28,028 for fiscal 1998. Income for year ended 9/30/99 was $326,201 less adjustments for interest, deduction for obsolete equipment and a loss from its equity-based partnership, Urban Transit Solutions in Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. . Revenues for fiscal 1999 increased 29% over fiscal 1998. The Company also announces it has entered into a parking citation Citation (foaled 1945) U.S. Thoroughbred racehorse. In four seasons he won 32 of 45 races, finished second in ten, and third in two. He won the 1948 Triple Crown, and became the first horse to win $1 million. He set a world record in 1950 by running a mile in 1:33 3/5. issuance and processing contract with the city of St. Petersburg, FL. The Company anticipates the system will be fully operational by January 31, 2000. At the same time the Company will install a system at the Orlando, FL, airport. This steps up the program for the City of Orlando to cover all facilities. |
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