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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Bluepoint Data, Inc. | TSXV:BLP | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0 | - |
The net loss of -$248K (2008) and -$989K (2007) both included non-cash Amortization Expense of $535K related to the acquisition of Champion Managed Services, Inc. (previously announced on November 3, 2006), and non-cash Depreciation expense of $600K (2008) and $858K (2007) on the Company's long-term equipment and fixed assets. Therefore Earnings Before Interest, Depreciation, Taxes, & Amortization ("EBITDA") were positive $903K (2008) and $426K (2007).
Earnings Per Share (EPS) for 2008 decreased to a loss of -$0.01 per BLP common share, from a loss of -$0.02 per share for fiscal 2007 on weighted average shares outstanding of 44,250,906 as of December 31, 2007 and 2008. There are currently 44,423,406 BLP common shares outstanding as of the date of this release.
About BluePoint Data Storage
BluePoint delivers managed server, electronic storage, data protection, systems availability and recovery solutions that ensure the protection and availability of corporate data and information technology while reducing the total cost of ownership. BluePoint manages these systems with unparalleled storage and networking expertise, guarantees high performance and availability, and ensures solutions are on par with the current state-of-the-art.
Safe Harbor
This release may contain forward-looking statements that involve risks and uncertainties. These statements may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of BluePoint or industry results to be materially different from any future results, performance or achievement expressed or implied by such forward-looking statements. Such factors include, among others, the following: general economic and business conditions, demographic changes, regulation, major technology changes, timing of product introductions, competition and the Company's ability to attract and retain key employees.
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.
Contacts: BluePoint Data Storage, Inc. Paul Sachse CEO and President 561-417-0324 psachse@bluepointdata.com
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