Simtrol, Inc., an innovative developer of enterprise-class software solutions that manage the extended network of connected devices, today reported its first quarter 2009 fiscal results. Revenue for the first quarter totaled $251,287, a 215% increase compared to the $79,897 reported for the quarter ended March 31, 2008. Net loss for the quarter shrunk from $1,433,502, or ($0.19) per common share in the quarter ended March 31, 2008, to $882,733, or ($0.08) per common share.
“Last quarter’s sales success in this extremely challenging economic environment reflects the tremendous value that our core device management application delivers,” stated Oliver Cooper, Simtrol Chief Executive Officer. “Our software helps administrators, IT support staff, and end users increase their effectiveness, optimize their use of technology, and significantly reduce power consumption and maintenance costs. We are excited by the momentum we are building, particularly in the Education market, and our increased ability to win and delight customers.”