CRYSTAL RIVER, FL — (Marketwired) — 09/16/14 — B-Scada, Inc. (OTCQB: MOBS), a software solutions provider specializing in compelling visualization technology and HMI/SCADA products, today reported financial results for its third quarter of FY2014 ended July 31, 2014 (3QFY14) and first nine months of fiscal year 2014 (9moFY14) compared to the third quarter (3QFY13) and first nine months of fiscal year 2013 (9moFY13). It is the second consecutive quarter of increases in revenue and net income as compared against prior quarters.

Revenues increased 69% to $574,315 — an increase of $234,171 from $340,144

Customer development services for contracts entered into in FY2013 accounted for most of the $234,171 increase in technology licensing and support revenues

Sales & Marketing costs were $81,879, an increase of $32,255 or 65%

Marketing, internet pay-per-click advertising, and payroll and related costs are the major contributing factors in the increased costs

General & Administrative expenditures were $192,764, an increase of $67,459 or 54%

Increase is primarily due to building infrastructure to handle anticipated customer demand

Net income increased 133% to $181,553, an increase of $103,613 from $77,940

Major contributors were increases in technology licensing and support revenues, customer development services and customer training

Revenues were $1.418 million, an increase of $362,830 or 34% from $1.055 million

Service revenues were generated from implementation of our software products and custom training provided to customers

Sales and Marketing costs increased to $254,054, an increase of $87,022 or 52% from $167,032

Increases were due to expanded staff and payroll-related costs, as well as additional marketing and advertising campaigns

General & Administrative costs were $428,751, an increase of $147,424 or 52%

Increase is primarily related to payroll and related costs, repairs and maintenance and professional and consulting fees

R&D expenditures were $87,450, an increase of $22,723, or 35% over $64,727

Payroll and related costs increased slightly as work on the release of our new product, Status Enterprise, moved forward

Net Income increased 12% to $353,766, an increase of $36,499 from $317,267

“We believe the increases in revenue are a reflection of the increased confidence the market has in our products and expertise,” said Ron DeSerranno, CEO. “The Status Enterprise HMI/SCADA system introduced into the market this spring is being very well received. It will begin to have a positive influence on our revenue this fall. The additional $800,000 in equity financing received by the Company this summer will be used to further promote the Company and our products globally. We anticipate growth to accelerate in 2015.”

The following tables set forth, for the periods indicated, certain items from the statements of operations along with a comparative analysis of ratios of costs and expenses to revenues.

The following tables set forth, for the periods indicated, certain items from the statements of operations along with a comparative analysis of ratios of costs and expenses to revenues.

B-Scada specializes in the compelling visualization of real-time data. Its visualization technology and SCADA products are deployed in manufacturing, power & utilities, transportation, petrochemical, building automation, and other fields of business where visualization of real time data is critical. B-Scada–s in-house expertise and experience has provided them the opportunity to partner with companies from various vertical markets, and assist them to develop custom solutions that meet their specific needs. B-Scada–s goal is to help clients transfer real-time production and operational data into actionable information through graphically-compelling, functional, and intuitive user interfaces. Learn more at

– With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. Words like “believe,” “expect” and “anticipate” mean that these are our best estimates as of this writing, but that there can be no assurances that expected or anticipated results or events will actually take place, so our actual future results could differ significantly from those statements. Factors that could cause or contribute to such differences include, but are not limited to: general economic conditions, the results of potential future business in our pipeline, the financial and operational health of our prospects and customers, acceptance of new software and improved versions of our existing software by our customers, our ability to finance growth, our ability to continue to attract and retain highly qualified technical staff, a sustainable market and many other which have not been stated. Further information on our risk factors is contained in our quarterly and annual reports as filed with the Securities and Exchange Commission.

Debra Gardner
General Manager
B-Scada, Inc.

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