ANDI News .0022 Andiamo Announces First Ever Net Income Profitable Quarter

2012-06-18 08:30 ET - News Release

ST. PETERSBURG, FL -- (Marketwire) -- 06/18/12

Andiamo Corporation (PINKSHEETS: ANDI), a prolific smartphone App development company, released its financial statements for the period ending April 30, 2012. The report was filed and is available at the link listed below.

The report for this quarterly period shows a Pre-Tax Net Income Profit of $19,518 and EBITDA Profitability of $29,349.

Steve Weiss, CEO of Kinsley Street Financial Marketing and Investor Group and the Investor Relations Company for Andiamo, stated, "We wanted to showcase a company of this caliber that has been operating under the radar. If you review the activities of this company through the PR's that have recently been issued, you will see why we feel this gem of a company is terribly undervalued in such an explosive sector."

Weis further commented, "From a significant reduction of shares, to a rapidly increasing inventory of Apps across both the Apple an Android network, to a 'create your own app' website and a online auction of Apps that are available by developers, this company is on track for an exciting year. We have substantial interest through our Chinese investors and companies for this company."