12/17/08End of Year, 2008
AnalytX ends the year with a projected 20% increase in recurring revenues over 2007. Per Harry Asher, CFO of AnalytX: “Despite the state of capital markets today, we have had a good year. We come into the New Year with solid cash balances, zero debt on the balance sheet and remain guardedly optimistic about 2009.” Elaborating on AnalytX core business strategy “ In the New Year, our team is excited about new technology and service offerings for release in 2009 and due to a stable revenue base, we are exceptionally well positioned to pursue these objectives.”
