LEVIS, QUEBEC — (Marketwired) — 07/17/13 — DEQ Systems Corp. (TSX VENTURE: DEQ) (“DEQ” or the “Company”) announces the filing of its second quarter financial results for the period ended May 31, 2013. The Consolidated Financial Statements are available on SEDAR () and DEQ-s website. A conference call will be held on Thursday, July 18, 2013 at 11am EST to present and discuss these results. Those interested in participating in the call should dial toll free 1 (800) 768-3232 or +1 (416) 981-9000. A presentation will be available on DEQ-s website in the Investors/Financial Reports/Presentation section to support the call content.
2013 2Q and Six-Month Results:
Financial Metrics
Second Quarter Highlights and Subsequent Events
“The second quarter results reinforce the trends that we started to see in the first quarter of 2013,” said Earle G. Hall, President and Chief Executive Officer of DEQ. “DEQ-s growing recurring revenue base is now fuelling positive cash flow and creating a solid foothold for the growth and expansion of the Company. In addition, the recent private placement will give the Company the flexibility to take advantage of additional opportunities as they arise.”
ABOUT DEQ
DEQ Systems Corp. (TSX VENTURE: DEQ) is a customer-centric company that delivers to the global gaming industry best-of-breed table-game technology-related products that add value and increase client revenue. DEQ provides table-game-bonusing technology, table games, baccarat results tracking, and jackpot connectivity solutions to more than 275 casinos in 30 countries. DEQ is an intellectual-property-focused company that has an extensive patent portfolio of more than 20 patents recognized in 50 countries. For further information, please visit .
TSX Venture does not accept any responsibility regarding the accuracy of the information contained in this press release.
Forward-looking statements contained in this Press Release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements.
Contacts:
Earle G. Hall
President & CEO
DEQ Systems Corp.
(418) 839-3012
Francois Proulx
Chief Financial Officer
DEQ Systems Corp.
(418) 839-3012
You must be logged in to post a comment Login