Dataguard announces first quarter financial results.LOUISVILLE Louisville (l  `ēvĭl), city (1990 pop. 269,063), seat of Jefferson co., NW Ky., at the Falls of the Ohio; inc. 1780. , Ky.--(BUSINESS WIRE)--May 22, 1995--Dataguard Recovery
Services, Inc. announced its financial results for the first quarter
ended March 31, 1995. These results include for the first time the
operations of its newly acquired European Europeanemanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. subsidiary. Twinsys, a leading provider of computer disaster backup services in France. Twinsys was acquired on Feb. 3, 1995. The Company reported revenues of $2,003,809 and net income of $77,060 for the three month period ended March 31, 1995, as compared to revenue of $1,071,454 and a net loss of $91,527 for the same period last year. The increase in revenue and net income is attributable almost entirely to Twinsys. Net income from Twinsys' operations completely offset the net loss for the period from the Company's North American operations North American operation Surgical oncology Radical surgery of a 'frozen pelvis', consisting of radical en bloc resection of the uterus and urinary bladder. See 'Frozen pelvis.'. Cf 'All-American' and 'South American' operations. . The North American operations were affected by the expiration EXPIRATION. Cessation; end. As, the expiration of, a lease, of a contract, or statute. 2. In general, the expiration of a contract puts an end to all the engagements of the parties, except to those which arise from the non- fulfillment of obligations created of the Company's second largest contract at Dec. 31, 1994. Richard Ri·chard , Joseph Henri Maurice Known as "Rocket." 1921-2000. Canadian hockey player. A right wing for the Montreal Canadiens (1942-1960), he led his team to eight Stanley Cup championships and was the first player to score 50 goals in a W. Smith, President of Dataguard, noted that "the integration of the Twinsys operations with the Company has begun well, as reflected in the immediate positive impact that Twinsys had on the Company's first quarter results. As we stated in February, we have been aware for many years of Europe's much larger backup market for Bull computer users. The acquisition of Twinsys has given us an immediate presence in this market." Dataguard is a Louisville, Ky. based company which markets disaster recovery services to users of large-scale computers throughout 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 Europe. The Company's stock trades in the over-the-counter market over-the-counter market Trading in stocks and bonds that does not take place on stock exchanges. Such trading occurs most often in the U.S., where requirements for listing stocks on the exchanges are strict. . -0-
Dataguard Recovery Services, Inc.
Summary of Operations (Unaudited)
Three months ended March 31: 1995 1994 Revenues $2,003,809 $1,071,454 Net income (loss) 77,060 (91,527) Income (loss) per share $.01 ($.02) CONTACT: Dataguard Recovery Services, Inc., Louisville Richard W. Smith or Dewey D. Minton, Jr., 502/426-3434 |
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