ImageXpres Sees Rebound in Net Income
“The positive revenues and profits recorded in 2010, are testimony to the acceptance of the business traction now being evidenced by the company’s business model, which is focused on delivering extremely effective, multi-modality advertising results for the company’s business customers The company’s revolutionary advertising service, FreePrintze, is currently expanding in scale, with expectations of reaching millions of consumers this year, who can join the FreePrintze service and receive weekly photos and other valuable prizes, at no charge! In concert with growing numbers of consumers joining the program is the resultant spike in associated advertising revenues from small, medium and large businesses seeking a better way to reach targeted consumers in their local geographic area.”
The company’s medical healthcare product line, which currently consists of its Surg-i-Scan Surgical Checklist boards, “digital” Surg-i-Scan software app for Apple’s iPad, iPod, and iPhone devices, is the company’s smallest product/market segment focus, but has significant revenue and profit potential. For all of 2010, reported sales revenues of $207,908 represented a significant increase from 2009, but results were lower than anticipated. As stated previously, although the company’s presence in this important, growing market segment is modest to date, the company’s products are well positioned, highly differentiated from the competition, and priced very competitively.
Zankowski added, “Along with a major marketing and sales effort now underway, we will be announcing a new important medical product line that should augment ImageXpres’ presence in this important market segment. We are increasing our marketing efforts of contacting thousands of hospitals, with strong referrals from existing medical customers. We expect to achieve significant increases in revenues in this segment in 2011, as our product line becomes more familiar to surgeons, nurses and other caregivers associated with patient care initiatives worldwide.”
ImageXpres is a digital imaging and printing company, headquartered in Rochester, NY. ImageXpres develops imaging systems solutions for commercial printing, consumer photo, health and business communications market segments. ImageXpres is currently manufacturing and marketing a family of self-service interactive digital kiosks, and LitePix Digital Displays, digital signs that provide unique advertising benefits for business owners. The company's website is www.imagexpres.com.
Source: financial release.