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CTI Group Reports Second Quarter 2009 Results

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INDIANAPOLIS, IN--(Marketwire - August 14, 2009) - CTI Group (Holdings) Inc. (OTCBB: CTIG),
an international provider of electronic invoice processing and management
(EIM), enterprise communications management software and services
solutions, and carrier class voice over internet protocol (VoIP) management
applications, reported revenues for the three and six months ended June
30, 2009 of $4,139,322 and $8,088,610, respectively, compared to revenues
for the three and six months ended June 30, 2008 of $5,035,495 and
$10,374,707, respectfully. The decrease in revenues was primarily
associated with the decline in the exchange rates of the UK pound in 2009
compared to 2008. The Company derives the majority of its revenue from its
UK operations. The Company reported a net loss for the three and six months
ended June 30, 2009 of ($667,998), or ($0.02) per share and ($1,190,689),
or ($0.04) per share, respectively, as compared to a net loss for the three
and six months ended June 30, 2008 of ($553,412) or ($0.02) per share and
($732,153) or ($0.03) per share, respectfully. The increase in net loss is
primarily associated with a combination of decreased revenues and increase
in patent enforcement costs.

Commenting on the results, John Birbeck, CTI Group's President and CEO,
stated, "We derive the majority of our revenues from our UK operations; as
a result, the depressed global economic conditions and weakness of the UK
Pound against the US Dollar has had an unfavorable impact on performance.
We continue to remain positive and encouraged by the increased number of
opportunities in our markets and remain cautiously optimistic regarding our
activities and strategy to navigate the challenging environment of 2009 and
beyond."

The Company's new hosted VoIP applications are expected to help eliminate
customer resistance to conversion to next-generation platforms, while
creating new revenue opportunities for service providers through the
delivery of compelling value added services. CTI Group's new products
include emPulse, a real-time web-based communications management and
analysis solution, and the award-winning SmartRecord® IP, which enables
service providers to selectively intercept and record any communications on
behalf of their hosted and managed service customers. Specifically
engineered to seamlessly integrate with the service provider's evolving
online eBusiness strategy, these business applications provide enterprise
customers with customized access to their provider's eBusiness portal and
their complex service invoices.

The Proteus® suite of products is used by companies, institutions and
government agencies to track communications activity and to control costs
associated with operating communications networks. Proteus® performs
functions of call accounting, cost allocation, client bill-back, analyses
of trunk traffic and calling and usage patterns, toll fraud detection,
directory services, integrates with SmartRecord® as well as with other
private branch exchange peripheral products.

The EIM suite of products includes: Analysis®, for complete on-line
customer care of mobile, fixed line and data services; SplitBill® to
enable users to automate Business vs Personal use; and Dynamic Reports,
which is a "push" analysis, billing and advertising medium for mobile, data
and fixed line, targeting the consumer and SMB markets.

About CTI Group -- CTI Group (Holdings) Inc. is an international provider
of electronic invoice processing and management, enterprise communications
management software and services solutions, and carrier class voice over
internet protocol (VoIP) management applications. CTI Group's SmartBill®,
SmartRecord® and Proteus® product suites offer a full array of
solutions for traffic analysis, post-billing call analysis, customer care
and call recording. CTI Group's products are used by some of the top
service providers in North America and the United Kingdom, and play a
trusted role in managing telephony costs at major corporations
internationally. Headquartered in Indianapolis, CTI Group maintains
overseas offices in London and Blackburn, UK. For more information, please
visit CTI Group's website at www.ctigroup.com.

Safe Harbor Statement -- This release may contain "forward-looking"
statements. Examples of forward-looking statements include, but are not
limited to: (a) projections of revenue, capital expenditures, growth,
prospects, dividends, capital structure and other financial matters; (b)
statements of plans and objectives of CTI Group or its management or Board
of Directors; (c) statements of future economic performance; (d) statements
of assumptions underlying other statements and statements about CTI Group
and its business relating to the future; and (e) any statements using the
words "could," "should," "anticipate," "expect," "may," "project,"
"intend," "will," "believe" or similar expressions. CTI Group's ability to
predict projected results or the effect of events on CTI Group's operating
results is inherently uncertain. Forward-looking statements involve a
number of risks, uncertainties and other factors that could cause actual
results to differ materially from those discussed in this document. These
factors include, but are not limited to: effects of current economic
crisis, ability to attract and retain customers to purchase its products,
ability to develop or launch new software products, technological advances
by third parties and competition, ability to protect the Company's patented
technology, ability to obtain settlements in connection with its patent
enforcement activities and risks described in CTI Group's annual report on
Form 10-K for the year ended December 31, 2008. Readers are referred to
documents filed by CTI Group with the U.S. Securities and Exchange
Commission, including the Form 10-Q for its most recent quarter ended June
30, 2009.

 

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