DirectView Announces Results of Q1 - Sales Up 58%
May 19, 2005 13:17:01 (ET)
BOCA RATON, Fla., May 19, 2005 (BUSINESS WIRE) -- DirectView, Inc. (DRVW, Trade), the leader in full-service, high-quality, cost efficient videoconferencing technologies and services, has announced their results of the first quarter of 2005. The net sales for three months ended March 31, 2005 were $227,709 as compared to net sales of $144,402 for three months ended March 31, 2004, an increase of approximately 58%. The company has also received a recent cash infusion of $450,000.00 to be used for new marketing strategies and staffing as well as operating capital.
Jeff Robbins, President of DirectView, said: "We are very excited to announce our results of our first quarter this year. We are currently beginning to utilize our new financing toward implementation of new programs to market our products and services across the nation. We are looking forward to a stellar year."
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