Posted On: 11/29/2012 4:15:03 PM
Post# of 28526
SEDONA ReleasesQuarterly 2012 Financial ResultsKINGOF PRUSSIA PA – November 29, 2012 - SEDONA® Corporation (OTCPK:SDNA), a leading edge software developmentcompany focused on providing Customer and Member Relationship Management(CRM/MRM) and Enterprise Profit Analytics solutions to banks and credit unions,announced its operating results for the third quarter of 2012. FinancialPeriod over Period Summary for the nine months ending September 30, 2012: Description September 30, 2012 September 30, 2011 % Change Total Revenues $ 1,038,000 $ 963,000 8% Total Cost of Revenues $ 185,000 $ 155,000 19% Gross Profit $ 853,000 $ 808,000 6% Total Operating Expenses $ 813,000 $ 790,000 3% Gain/Loss from Operations $ 40,000 $ 18,000 22% David R. Vey, Chairman and CEO of SEDONA Corporationstated, “New sales and added services continue to strengthen our business. We have made great strides in our efforts to increaserecurring revenues, which provides not only a consistent and predictablerevenue stream but enables confident decisions in planning our future growth.” SEDONA’sFinancial Report was provided to theOTCMarkets.com website Thursday, November 29, 2012, which can be accessed usinghttp://www.otcmarkets.com/stock/SDNA/quote. Safe Harbor Statement:This press release containsforward-looking statements that involve risks and uncertainties. The statementsof this Summary Overview are forward-looking statements are made pursuant tothe safe harbor provisions of the Private Securities Litigation Reform Act of1995. Actual results, events and performances could vary materially from thosecontemplated by these forward-looking statements. These statements involveknown and unknown risks and uncertainties, which may cause the Company’s actualresults, expressed or implied, to differ materially from expected results.These risks and uncertainties include, among other things, product demand andmarket competition. You should independently investigate and fully understandall risks before making an investment decision. For additional information, pleasecontact SEDONA Corporation, 610-337-8400 or visit SEDONA Corporation’s website:www.sedonacorp.com. SEDONA® is a registered trademark, SEDONA CRM™ and SEDONA MRM™ aretrademarks of SEDONA Corporation.All other trade names are the property of their respective owners.
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