Integrated Parking Solutions, Inc. Reports Year End Results
Integrated Parking Solutions, Inc., the leader in the design,
development and implementation of wireless parking technology, announced today Results of Operations for the year ended September 30, 2008.
development and implementation of wireless parking technology, announced today Results of Operations for the year ended September 30, 2008.
Net Sales for the year ended September 30, 2008 were $2,022,346 with a Net Loss of $1,860,594 or $.18 per common share. Comparable amounts for the prior year ended September 30, 2007 were Net Sales of $3,185,686 with a Net Loss of $1,035,829, or $.10 per common share. The Company has a working capital deficit of approximately $2,919,109. The full report is on the companys Web Site at: http://www.integratedparkingsolutions.com/index.html
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