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November 25, 2003 07:03:00 (ET)
LAS VEGAS, Nov 25, 2003 (BUSINESS WIRE) -- Gateway (GWDL, Trade) announced that it has far exceeded the projected reductions in the General and Administrative Expenses of the Company as compared to the same nine month period last year.
Rick Bailey, president/chief executive officer, said, "The Company is pleased that its strategic plan is starting to show its benefits. Reductions in the administrative costs have shown a marked improvement which is reported on our 3rd Quarter 2003 10-QSB. The results for the quarter indicate a reduction of over 50% compared to the same period last year."
The Company continues to monitor expenses going into the 2004 year and will be placing a great deal of emphasis on increasing sales and expanding its market share.
Everyone is encouraged to check out the website at www.rightsolution.com for data on new programs and information being generated for the future.
A number of statements contained in this press release are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements involve a number of risks and uncertainties, including the timely development, and market acceptance conditions, successful integration of acquisitions and the ability to secure additional sources of financing. The actual results that GWDL may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
November 25, 2003 07:03:00 (ET)
LAS VEGAS, Nov 25, 2003 (BUSINESS WIRE) -- Gateway (GWDL, Trade) announced that it has far exceeded the projected reductions in the General and Administrative Expenses of the Company as compared to the same nine month period last year.
Rick Bailey, president/chief executive officer, said, "The Company is pleased that its strategic plan is starting to show its benefits. Reductions in the administrative costs have shown a marked improvement which is reported on our 3rd Quarter 2003 10-QSB. The results for the quarter indicate a reduction of over 50% compared to the same period last year."
The Company continues to monitor expenses going into the 2004 year and will be placing a great deal of emphasis on increasing sales and expanding its market share.
Everyone is encouraged to check out the website at www.rightsolution.com for data on new programs and information being generated for the future.
A number of statements contained in this press release are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements involve a number of risks and uncertainties, including the timely development, and market acceptance conditions, successful integration of acquisitions and the ability to secure additional sources of financing. The actual results that GWDL may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
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