MetaPower International, Inc. Increases 2010 Revenue by 39 Percent as Compared to 2009 as Stated on OTCmarkets.com
12 Abril 2011 - 7:01AM
Marketwired
MetaPower International, Inc. (PINKSHEETS: MTPR) is pleased to
announce that the Company has posted its unaudited 2010 Year End
financial report on Otcmarkets.com. MetaPower International's
revenues for the year ending December 31, 2010 were $11,875,484,
exceeding our target of $10.8 million for 2010 and surpassing 2009
revenues by 39%. The Company's EBITDA for 2010 was $362,580, which
was all generated from operations.
In 2010 the audit of the 2007, 2008 and 2009 financial
statements were completed. The audit of the 2010 Q1-Q3 were also
completed by the independent auditors. Our complete 2010 financial
audit will be completed by the end of Q2 2011.
The Presidents message accompanying the report outlines
MetaPower's year-end results, as well as the company goals for
2011.
"We are pleased to report that 2010 was another successful year.
In the four years that we have been reporting as a public company
we have grown our revenues each year. We expect 2011 to continue
this pattern of growth and development as a company. We have
established revenue goals for 2011 of $12.5 million with an
expected EBITDA of $650K. We look forward to seeing positive
impacts from our new marketing campaign in 2011. Please stop by our
web site to see all of the changes that are happening at
MetaPower." - Ken Allen, President MetaPower International,
Inc.
To view the entire unaudited annual report, please go to:
http://www.otcmarkets.com/stock/MTPR/quote
About MetaPower International, Inc.:
MetaPower International, Inc. is a technology and services firm
originally founded in 1996 that provides information technology and
change management services to hazardous process industries. This
link between technology and services is critical to manage the
changes necessary to successfully compete in the current
environment. In today's world, business operations must be
streamlined to meet the challenges of these turbulent economic
times.
This press release contains "forward-looking statements."
Forward-looking statements are statements concerning plans,
objectives, goals, strategies, expectations, intentions,
projections, developments, future events, or performance,
underlying (expressed or implied) assumptions and other statements
that are other than historical facts. These forward-looking
statements are only predictions. No assurances can be given that
such predictions will prove correct. Actual events or results may
differ materially. Forward-looking statements should be read in
light of the cautionary statements and risks that include, but are
not limited to, the risks associated with a small company, our
comparatively limited financial resources, and other factors that
may adversely impact us. These or other risks could cause actual
results to differ materially from the future results indicated or
implied in such forward-looking statements. We undertake no
obligation to update or revise such statements to reflect events,
circumstances, or new information after the date of this press
release or to reflect the occurrence of unanticipated or other
subsequent events.
Contact: Steve Ivy 360-450-4209
www.metapower.com
Meta Power (CE) (USOTC:MTPR)
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