Tenth Power Technologies Corp. announces Q1 results for 2013 fiscal year end

    




 TORONTO, June 29, 2012 /CNW/ - Tenth Power Technologies Corp.   today announced the financial results for its first quarter  ended April 30, 2012. 

 Revenues for the quarter of $1,137,622 increased by 83% over the same  period last year, and gross margins decreased to 30% from 33% for the  same period last year. Net loss for the period was $87,034 ($Nil per  share) compared to net loss of $208,347 ($0.01 per share) for the same  period last year. 

 ABOUT TENTH POWER TECHNOLOGIES CORP. Tenth Power Technologies Corporation is a Canadian based-technology and  solutions company. Tenth Power supplies secure business solutions to  clients in the telecommunications, financial services, manufacturing,  government and health care sectors. TPTC augments proprietary software  with product licensing and strategic acquisition of industry-leading  services, to design solutions 

 that safeguard information and electronic communications. The suite of  products includes identity and signature authentication, Internet  security, safe communication platforms and a secured collaboration  environment. TPTC also provides IT security consulting and managed  services. The corporate office is located in Toronto, Canada. 

Tenth Power Technologies Corp.


CONTACT:  Tenth Power Technologies Inc.Guy Burry(905) 332-6677Website: www.tenthpowertech.com 


    

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