Mobiform Software reports profitable quarter
March 16, 2011 - Mobiform Software Inc announces continued growth in 2010. Revenue for the quarter was $410,532, an 18% increase over $347,023 for the same period last year. Net income nearly doubled, from $96,493 in Q1 of 2010, to $176,579 for the quarter just closed resulting in a modest net income per share for the first time since Mobiform’s inception.
Allen Ronald DeSerranno, President & CEO, said, “We are pleased with our success to date, and appreciate the continued support of our valued shareholders. As our products are deployed and accepted in the marketplace, we anticipate that the company’s growth and prosperity will continue. While the bulk of this increase was in technology licensing, we are seeing an uptake in our HMI (Human Machine Interface) and SCADA (Supervisory Control and Data Acquisition) business, and believe this will become our primary source of revenue in time.”
Mobiform specializes in visualization of real-time data and has produced data visualization solutions for manufacturing, power & utilities, automation, and other fields of business making use of HMI and SCADA software products. Mobiform leverages Silverlight, Windows Presentation Foundation and Windows Azure by Microsoft in the development of its products.
MORE INDUSTRY NEWS
ABB announces Dr. Jef Beerten as first winner of ABB Research Award
Dr. Jef Beerten from KU Leuven, Belgium, receives a US $ 300,000 grant over the next three years for ongoing research at the forefront of energy...
Nordson to introduce 3 new process solutions at The Assembly Show
As part of the exhibition floor at The Assembly Show, with over 260 exhibitors, Nordson EFD (Booth 821) will feature live demonstrations of several...
AbraxSys Announces the Release of a New Line of 19 inch SXGA Rugged LCD Monitors
AbraxSys' new line of 19" tough LCD displays, address a growing need for higher durability than typically accomplished by other industry display...
CC-Link announces Molex receives network certification for PCI Express interface cards
Molex, Inc. provides two CC-Link certified PCI-Express interface products that are designed to work as a complete solution including full and half...
ISA opens Saudi Arabian training center at Jubail Industrial College
The Jubail-ISA Training Center brings ISA’s globally recognized automation and control instruction—as well as its certification review and...
Protecting Industrial Control Systems: An Integrated Approach
By RKNeal, Inc.
The purpose of this whitepaper is to present a novel cybersecurity framework for deplaying and managing cyberthreat management...
SecurityWeek’s ICS Cyber Security Conference to be held next week in Atlanta, Georgia
The International Society of Automation (ISA) serves as an alliance partner of the event, which takes place 24-27 October at the Georgia Tech Hotel...
Elite Control Systems brings process control to Scotland whiskey distillery
This combination of technology and 24-hour technical support will ensure that the automated control systems that Edrington uses to operate the new...
GE to help Spirit Aerosystems forward to the Industrial Internet
Looking to increase production of critical aviation industry products, Spirit AeroSystems will implement Efficiency Analyzer on Predix, GE’s...
Leading2Lean cloud-based solutions helps food company save $2M
West Liberty Foods, based in West Liberty, Iowa, saved $2 million in maintenance costs with Leading2Lean through greater visibility to where money...