Nuti will share his views
on
the state of high-tech on Long Island.
islands appropriate
symbol.5636
hallp@symbol. (TSX: DGL. In Fiji, personnel
changes have been made to
strengthen weak operational areas and the operation is being reorganized
to
become more services oriented. We
also saw positive results of our efforts to improve overall
operating
efficiencies, such as achieving a reduction in salary and commission expenses
from 20
% of revenue in 2003 to 17.2% 48.sorted directories
7%
--------------------------------------------------
-----------------------
Profit (Loss) from operations $(976,871) $1,598,921
--
-----------------------------------------------------------------------
Weighted average number
of shares 25,598,404 11,539,137
--------------------------------------------------------
-----------------
Income Taxes (recoverable) $1,002,907 $(113,106)
-------
------------------------------------------------------------------
Profit (Loss) per share - basic
$(0.smaller ocean
1
-------------------------------------------------------------------------
Gross margin as a percentage of
revenue 47. At present, Datec
does not plan to seek additional financing other than the realization of
equity from real estate
assets, a situation that could change if the company
identifies acquisition opportunities.pacific environment
com/cgi
-bin/prnh/20041029/SYMBOLOGO )
What: Economic Summit VII
Presented by The
Chamber of Commerce Regional Business partnership
and Long Island Business News
http://www. The poor operating result was the result
of increased competition driving down
product margins and the general economic
environment in Fiji and Australia."
"In addition
, in 2004 Datec continued to position itself to benefit from
opportunities that might arise in the
Pacific from the convergence of voice
and data technology," he said. In
2004 Datec Fiji accounted
for a net loss of $1,797,579. The company was established in Edmonton, Alberta in 1993.additional transportation
m.738.738.9%
of revenue in 2004.maps ocean
6
-----------------------------------------------------------------------
--
Gross margin $23,306,067 $23,817,139 - 2.04) $0."
Overall, for continuing operations for the year ended December 31, 2004
the corporation's gross
margin as a percentage of revenues was 47. which was part of the Datec Group in 2003, but sold in
2004
. The company has also proposed to sell real estate property held in
Papua New Guinea. Any statement
containing words
such as "believes" "anticipates" "plans" or "expects" and other statements
which
are not historical facts contained in this release are forward-looking,
and these statements involve
risks and uncertainties and are based on current
expectations.several sorted
HuntingtonChamber. (eastern time)
Where: Huntington Townhouse, Huntington Station, N.Y.14
----------------------------
---------------------------------------------
Profit (Loss) per share - diluted $(0.islands environment
HOLTSVILLE, N.com
When: Thursday, April 21, 2005, 11 a.Datec Group Releases Year-End Results
For Fiscal 2004
half sorted
newscom.
About Symbol Technologies
Symbol Technologies, Inc.
EDMONTON, April 1 - Datec Group Ltd. O'Byrne, "We launched a
number of new service-based initiates
in partnership with our major business
partners, IBM, Microsoft and Canon. Proceeds from both sales
will be used to reduce the
Corporation's debt and contribute to its working capital. Consequently
, actual results could differ materially from the
expectations expressed in these forward-looking
statements.sorted views
Forward Looking Statements:
Statements made in this news release that
relate to future plans, events
or performances are forward-looking statements.
The Toronto
Stock Exchange has neither approved nor disapproved the
information contained herein.new islands
I am confident
that
2005 will bring further improvements. It will sell a total of five properties for
approximately
$2 million and lease back the two properties in which it has
facilities.appropriate maps
According to Mr.com) has
13 offices in Australasia and the
South Pacific.half maps
Cost
structures that were out of line with revenue
have been reduced considerably
or eliminated completely," said Casey O'Byrne, Chairman of Datec.
occupies eastern
, Symbol Technologies,
Inc. More information is available at http://www.
"We have moved quickly
to address operations with poor performance.8
----------------------------------------------
---------------------------
In 2004 Datec continued to consolidate its leadership position
in most of
the countries in which it operates. We opened a new office in Honiara, the
capital
of the Solomon Islands, and we continued to assert Datec's leadership
position in Papua New Guinea
, further building our services business. "This is an important ongoing business
objective for 2005
and we are confident Datec will be on the forefront of this
exciting new market.com
Papua
New Guinea occupies the eastern half of the island of New Guinea with several additional smaller islands
located in the South Pacific Ocean.
pacific appropriate
-2 p.m.com.
OTC: DTGLF), a leading provider of high-quality information
technology and
services in Australasia and the South Pacific, released its financial results
for
the 12 months ended December 31, 2004.
In the fourth quarter of 2004, Datec began aggressive
initiatives to
arrest and correct this trend.9
------------------------------------------
-------------------------------
Operating expenses as a percentage
of revenue
46.papua environment
Y., The Enterprise Mobility Company(TM), is a
recognized worldwide leader
in enterprise mobility, delivering products and
solutions that capture, move and manage information
in real time to and from
the point of business activity.
For Symbol Technologies:
For media information:
Patricia Hall
Symbol Technologies, Inc.9% for the year ended
December 31, 2003.smaller papua
Symbol enterprise mobility solutions integrate
advanced data capture products
, radio frequency identification technology,
mobile computing platforms, wireless infrastructure,
mobility software and
world-class services programs under the Symbol Enterprise Mobility Services
brand.com
here will
Media Alert: Symbol Technologies President and Chief Executive Officer Bill
Nuti to Speak at Economic Summit VII on April 21
(Logo: http://www. Symbol enterprise mobility
products and solutions are proven to
increase workforce productivity, reduce operating costs, drive
operational
efficiencies and realize competitive advantages for the world's leading
companies
.9%
-------------------------------------------------------------------------
Operating
expenses $22,100,498 $22,237,107 + 3.additional categories
"
Consolidated Financial
Highlights
12 months ended December 31 ($ Cdn)
----------------------------------
---------------------------------------
Percent
2004 2003 Change
-------------------------------------------------------------------------
Revenue
$49,396,805 $48,631,278 + 1.8% 45.2% compared
to 48.guides environment
Nuti, along
with other panelists
representing Long Island businesses and government organizations, will discuss
the economic development issues facing Long Island.04) $0. This slight decline in gross
margins
reflects the consistent business and margin mix that the operations of
the Corporation have achieved
while making the transition to a more
services-led corporation; however, it also reflects the effect
of the sale of
Certus Consulting Ltd.
For information and investor inquiries please contact:
Robert Rowell, Investor Relations
Telephone 1-800-299-7823
Email: robertrowell@hedlinlauder
.half guinea
Datec's operating companies in seven of the nine countries in the Pacific
region had record
results in terms of revenue and profit; however,
disappointing results from subsidiaries in Fiji
and Australia resulted in an
overall loss.4 million in fiscal 2004
(2003 - $48. Datec Australia
is being restructured to a more
cost-efficient size.
Subsequent to year-end 2004, Datec announced
the disposal of its real
estate properties located in Fiji.datecgroup. In here you will find Internet
sites located in Papua New Guinea, sorted into their appropriate categories.
papua ocean
5050
tullyn@symbol
.6 million), the company experienced a loss of $976,871 in fiscal
2004 (2003 - profit of $1,598,921
).
Datec Group (http://www.ocean sorted
com
For financial information:
Nancy Tully
Symbol Technologies, Inc. Despite revenue of $49. In the fourth quarter of 2003 revenue from Certus
was $2 million.categories maps
(NYSE: SBL), The Enterprise Mobility Company(TM), today announced that
Bill Nuti
, Symbol president and chief executive officer, will be a featured
speaker at the Economic Summit
VII symposium and business exposition to be
held on Thursday, April 21, 2005.
631.
631. "However, on
the upside, last year we made a considerable reduction in long-term debt.10
-------------------------------------------------------------------------
Long-term debt
$1,542,285 $4,952,017 - 68.here transportation
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