DecisionLink Announces First Quarter Results.Business Editors LAS VEGAS--(BUSINESS WIRE)--May 11, 2001 DecisionLink Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DLNK DLNK Digital Link DLNK Destination Link ), a provider of wireless remote asset monitoring and control systems, today announced the results of its operations for the first quarter of 2001. Revenues in the current period increased to $464,000 compared with no revenues in the comparable period of last year. Net loss in the current period increased to $2,046,000 compared with $226,000 in the comparable period of last year. Net loss in the current period includes non-cash expenses Noun 1. non-cash expense - an expense (such as depreciation) that is not paid for in cash disbursal, disbursement, expense - amounts paid for goods and services that may be currently tax deductible (as opposed to capital expenditures) totaling $772,000. Per share loss in the current period decreased to $0.01 compared with a per share loss of $0.03 in the comparable period of last year. Due to the combination of Intrex Data Communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. Corp. ("Intrex") and DecisionLink (formerly FiberChem), on July 27, 2000, the current period results include the operations of DecisionLink and Intrex combined. The prior-year period results include the operations of Intrex only. A company outlook is included in the company's Form 10-QSB filed on May 11, 2001, and in its Chairman's Corner at www.decisionlinkinc.com. DecisionLink's communications group has developed a wide range of products for monitoring of propane propane, CH3CH2CH3, colorless, gaseous alkane. It is readily liquefied by compression and cooling. It melts at −189.9°C; and boils at −42.2°C;. and fuel oil tank levels, pipeline compressors, and many other multi-user remote asset monitoring applications for low-cost volume use of satellite communication pathways and the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the . DecisionLink's environmental group has introduced small, low-cost sensor A device that measures or detects a real-world condition, such as motion, heat or light and converts the condition into an analog or digital representation. An optical sensor detects the intensity or brightness of light, or the intensity of red, green and blue for color systems. and communication products that use satellite communications and the Internet as the backbone for data transfer and control in the pipeline leak (programming) leak - With a qualifier, one of a class of resource-management bugs that occur when resources are not freed properly after operations on them are finished, so they effectively disappear (leak out). This leads to eventual exhaustion as new allocation requests come in. detection, aboveground storage tank monitoring, oil production, water-quality monitoring and industrial wastewater compliance monitoring and control markets. For more on DecisionLink, visit www.decisionlinkinc.com This news release contains "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. ," within the meaning of Section 27A of the Securities Act of 1933, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this news release are forward-looking statements. The company generally uses words such as "may," "will," "plans," "expects," "believes," "anticipates" or "intends" and similar expressions that reflect future expectations in order to identify forward-looking statements. Forward-looking statements reflect management's expectations as to future events and are inherently uncertain. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from results anticipated by the forward-looking statements. These statements are not guarantees of future performance, and actual results could differ materially. These risks and uncertainties include, but are not limited to, DecisionLink's ability to market its products, services and technologies worldwide, its ability to integrate the management, operations and technologies of formerly independent companies, its ability to retain key members of its senior management and board of directors, the timely development and acceptance of new products and services, the ability to manufacture new products in commercial quantities at reasonable cost, the dependence on third-party satellites to implement its business plan, the impact of competitive products and pricing, final promulgation PROMULGATION. The order given to cause a law to be executed, and to make it public it differs from publication. (q.v.) 1 Bl. Com. 45; Stat. 6 H. VI., c. 4. 2. and enforcement of regulations, the timely funding of customer's projects, the ability to generate sufficient working capital from operations and/or to attract investment or place debt in sufficient amounts to fund the financial obligations of DecisionLink's business model, general economic conditions affecting market conditions, and other risks detailed from time to time in the company's Securities and Exchange Commission reports. Forward-looking statements reflect the good faith judgment of the company's management as to future events, and were solely based on facts and factors known by DecisionLink at the time such statements were made. The company does not undertake any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time. |
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