Latest Cti Group [Holdings] Inc (CTIG) Headlines
CTI Group Reports Revised Privatization Offer
GlobeNewswire - Mon Dec 30, 8:09AM CST
via PRWEB - CTI Group (Holdings) Inc. (OTCQB:CTIG), an international provider of electronic invoice processing and management and call accounting management and recording applications, reported that the Special Committee of its Board of Directors has received a revised oral non-binding indication of interest from Fairford Holdings Limited, Michael Reinarts and John Birbeck with respect to their proposal to purchase all of the outstanding shares of stock of CTI Group. On March 7, 2013, Fairford Holdings Limited, Michael Reinarts and John Birbeck made an initial non-binding indication of interest to purchase all of the outstanding shares of stock of CTI Group for a cash purchase price of $0.29 per share. Fairford Holdings Limited, Michael Reinarts and John Birbeck have increased the proposed cash purchase price at which they are willing to consider purchasing all of the outstanding shares of stock of CTI Group from $0.29 per share to $0.40 per share.
CTI Group Reports Second Quarter 2013 Results
GlobeNewswire - Wed Aug 14, 4:43PM CDT
via PRWEB - Revenues for the three and six months ended June 30, 2013 decreased to $3,883,976 and $7,769,302, respectively, as compared to revenues for the three and six months ended June 30, 2012 of $4,455,814 and $8,823,651, respectively. The Company reported a net loss for the three and six months ended June 30, 2013 of ($351,316) and ($903,707), respectively, or ($0.01) and ($0.03), respectively, per share, as compared to net income for the three and six months ended June 30, 2012 of $270,023 and $383,553, respectively, or $0.01 and $0.01, respectively, per share. The decrease in revenues in 2013 as compared to 2012 was primarily attributable to a decrease in the Company's EIM segment due to a decrease in processing and professional service revenue recognized. The net losses in 2013 were primarily attributable to decreased revenues and increased professional fees incurred in the three months ended June 30, 2013.
CTI Group hires advisors to evaluate privatization offer
M2 - Mon Jun 10, 9:26AM CDT
CTI Group Inc. (OTC: CTIG) reported the recently formed special committee of the board of directors has retained Duff & Phelps Securities, LLC as independent financial advisor and Ice Miller LLP as independent legal counsel to assist in its evaluation of the non-binding indication of interest made by Fairford Holdings Ltd., Michael Reinarts and John Birbeck to acquire all of the outstanding capital stock of the company.
CTI Group advisors evaluating privatization offer
M2 - Fri Jun 07, 8:32AM CDT
CTI Group (Holdings) Inc. (OTC: CTIG) reported that the recently formed special committee of the board of directors has retained Duff & Phelps Securities, LLC as independent financial advisor and Ice Miller LLP as independent legal counsel to the special committee to assist in its evaluation of the non-binding indication of interest made on March 7, 2013, by Fairford Holdings Ltd.
CTI Group Reports Engagement Of Advisors To Evaluate Privatization Offer
PR Newswire - Thu Jun 06, 8:00PM CDT
CTI Group (Holdings) Inc. (OTCQB: CTIG), an international provider of electronic invoice processing and management and call accounting management and recording applications, reported that the recently formed Special Committee of the board of directors has retained Duff & Phelps Securities, LLC as independent financial advisor and Ice Miller LLP as independent legal counsel to the Special Committee to assist in its evaluation of the non-binding indication of interest made on March 7, 2013, by Fairford Holdings Limited, Michael Reinarts and John Birbeck to acquire all of the outstanding capital stock of the Company and in all related matters. No decisions have been made by the Special Committee with respect to the non-binding indication of interest and there can be no assurance that any definitive offer will be made, that any agreement will be executed or that any transaction will be approved or consummated.
CTI Group Reports First Quarter 2013 Results
GlobeNewswire - Thu May 16, 5:51AM CDT
via PRWEB - Revenues for the three months ended March 31, 2013 decreased to $3,885,326 as compared to revenues for the three months ended March 31, 2012 of $4,367,837. The Company reported a net loss for the three months ended March 31, 2013 of ($552,391), or ($0.02) per share, as compared to net income for the three months ended March 31, 2012 of $113,530, or $0.00 per share. The decrease in revenues was related primarily to a decrease from the Company's EIM segment due to less processing revenue and a decrease in professional service revenue recognized for the three months ended March 31, 2013 compared to the three months ended March 31, 2012. The net loss in 2013 as compared to net income in 2012 was primarily attributable to decreased revenues in 2013.
CTI Group Reports 2012 Results
PR Newswire - Fri Mar 29, 12:35PM CDT
CTI Group (Holdings) Inc. (OTCQB: CTIG), an international provider of electronic invoice processing and management ("EIM") and call accounting management and recording ("CAMRA") applications, reported results for the twelve months ended December 31, 2012. Revenues for the twelve months ended December 31, 2012 decreased to $16,759,121 as compared to revenues for the twelve months ended December 31, 2011 of $16,969,053. The decrease in revenues was primarily attributable to softness in US revenues especially in our CAMRA segment partially off-set by an increase in revenue recognized in the United Kingdom in our EIM segment. The Company reported a net income for the twelve months ended December 31, 2012 of $596,266, or $0.02 per share, as compared to a net loss of ($640,751), or ($0.02) per share, for the twelve months ended December 31, 2011. The improvement in net income for the twelve months ended December 31, 2012 was primarily attributable to realization from the benefit cost reduction measures underta
CTI Group committee looks at purchase offer
M2 - Mon Mar 11, 10:16AM CDT
The board of directors for CTI Group (Holdings) Inc. (OTC: CTIG) has formed a special committee to determine a response to the proposal to buy all of the outstanding shares of stock of CTI Group for a cash purchase price of USD0.29 per share.
CTI Group Announces Formation of Special Committee of Board of Directors
PR Newswire - Fri Mar 08, 7:30AM CST
CTI Group (Holdings) Inc. (OTCQB: CTIG), a leading developer of innovative carrier grade analysis, billing and recording solutions for fixed, mobile and converged communications, announced today that its Board of Directors has formed a Special Committee to, among other things, evaluate and determine CTI Group's response to the proposal made on March 7, 2013, by Fairford Holdings Limited, Michael Reinarts and John Birbeck, to purchase all of the outstanding shares of stock of CTI Group for a cash purchase price of $0.29 per share.
CTI Group (Holdings) Inc Unveils Mobile Communication Recording Solution at Mobile World Congress 2013
GlobeNewswire - Mon Feb 25, 5:55AM CST
via PRWEB - CTI Group (Holdings) Inc. (OTCQB:CTIG), a leading developer of innovative carrier grade analysis, billing and recording solutions for fixed, mobile and converged communications, today unveiled their mobile communication recording solution which significantly enhances their SmartInteraction Suite.
CTI Group Reports Revised Privatization Offer
GlobeNewswire - Mon Dec 30, 8:09AM CST
via PRWEB - CTI Group (Holdings) Inc. (OTCQB:CTIG), an international provider of electronic invoice processing and management and call accounting management and recording applications, reported that the Special Committee of its Board of Directors has received a revised oral non-binding indication of interest from Fairford Holdings Limited, Michael Reinarts and John Birbeck with respect to their proposal to purchase all of the outstanding shares of stock of CTI Group. On March 7, 2013, Fairford Holdings Limited, Michael Reinarts and John Birbeck made an initial non-binding indication of interest to purchase all of the outstanding shares of stock of CTI Group for a cash purchase price of $0.29 per share. Fairford Holdings Limited, Michael Reinarts and John Birbeck have increased the proposed cash purchase price at which they are willing to consider purchasing all of the outstanding shares of stock of CTI Group from $0.29 per share to $0.40 per share.
CTI Group Reports Second Quarter 2013 Results
GlobeNewswire - Wed Aug 14, 4:43PM CDT
via PRWEB - Revenues for the three and six months ended June 30, 2013 decreased to $3,883,976 and $7,769,302, respectively, as compared to revenues for the three and six months ended June 30, 2012 of $4,455,814 and $8,823,651, respectively. The Company reported a net loss for the three and six months ended June 30, 2013 of ($351,316) and ($903,707), respectively, or ($0.01) and ($0.03), respectively, per share, as compared to net income for the three and six months ended June 30, 2012 of $270,023 and $383,553, respectively, or $0.01 and $0.01, respectively, per share. The decrease in revenues in 2013 as compared to 2012 was primarily attributable to a decrease in the Company's EIM segment due to a decrease in processing and professional service revenue recognized. The net losses in 2013 were primarily attributable to decreased revenues and increased professional fees incurred in the three months ended June 30, 2013.
CTI Group hires advisors to evaluate privatization offer
M2 - Mon Jun 10, 9:26AM CDT
CTI Group Inc. (OTC: CTIG) reported the recently formed special committee of the board of directors has retained Duff & Phelps Securities, LLC as independent financial advisor and Ice Miller LLP as independent legal counsel to assist in its evaluation of the non-binding indication of interest made by Fairford Holdings Ltd., Michael Reinarts and John Birbeck to acquire all of the outstanding capital stock of the company.
CTI Group advisors evaluating privatization offer
M2 - Fri Jun 07, 8:32AM CDT
CTI Group (Holdings) Inc. (OTC: CTIG) reported that the recently formed special committee of the board of directors has retained Duff & Phelps Securities, LLC as independent financial advisor and Ice Miller LLP as independent legal counsel to the special committee to assist in its evaluation of the non-binding indication of interest made on March 7, 2013, by Fairford Holdings Ltd.
CTI Group Reports Engagement Of Advisors To Evaluate Privatization Offer
PR Newswire - Thu Jun 06, 8:00PM CDT
CTI Group (Holdings) Inc. (OTCQB: CTIG), an international provider of electronic invoice processing and management and call accounting management and recording applications, reported that the recently formed Special Committee of the board of directors has retained Duff & Phelps Securities, LLC as independent financial advisor and Ice Miller LLP as independent legal counsel to the Special Committee to assist in its evaluation of the non-binding indication of interest made on March 7, 2013, by Fairford Holdings Limited, Michael Reinarts and John Birbeck to acquire all of the outstanding capital stock of the Company and in all related matters. No decisions have been made by the Special Committee with respect to the non-binding indication of interest and there can be no assurance that any definitive offer will be made, that any agreement will be executed or that any transaction will be approved or consummated.
CTI Group Reports First Quarter 2013 Results
GlobeNewswire - Thu May 16, 5:51AM CDT
via PRWEB - Revenues for the three months ended March 31, 2013 decreased to $3,885,326 as compared to revenues for the three months ended March 31, 2012 of $4,367,837. The Company reported a net loss for the three months ended March 31, 2013 of ($552,391), or ($0.02) per share, as compared to net income for the three months ended March 31, 2012 of $113,530, or $0.00 per share. The decrease in revenues was related primarily to a decrease from the Company's EIM segment due to less processing revenue and a decrease in professional service revenue recognized for the three months ended March 31, 2013 compared to the three months ended March 31, 2012. The net loss in 2013 as compared to net income in 2012 was primarily attributable to decreased revenues in 2013.
CTI Group Reports 2012 Results
PR Newswire - Fri Mar 29, 12:35PM CDT
CTI Group (Holdings) Inc. (OTCQB: CTIG), an international provider of electronic invoice processing and management ("EIM") and call accounting management and recording ("CAMRA") applications, reported results for the twelve months ended December 31, 2012. Revenues for the twelve months ended December 31, 2012 decreased to $16,759,121 as compared to revenues for the twelve months ended December 31, 2011 of $16,969,053. The decrease in revenues was primarily attributable to softness in US revenues especially in our CAMRA segment partially off-set by an increase in revenue recognized in the United Kingdom in our EIM segment. The Company reported a net income for the twelve months ended December 31, 2012 of $596,266, or $0.02 per share, as compared to a net loss of ($640,751), or ($0.02) per share, for the twelve months ended December 31, 2011. The improvement in net income for the twelve months ended December 31, 2012 was primarily attributable to realization from the benefit cost reduction measures underta
CTI Group committee looks at purchase offer
M2 - Mon Mar 11, 10:16AM CDT
The board of directors for CTI Group (Holdings) Inc. (OTC: CTIG) has formed a special committee to determine a response to the proposal to buy all of the outstanding shares of stock of CTI Group for a cash purchase price of USD0.29 per share.
CTI Group Announces Formation of Special Committee of Board of Directors
PR Newswire - Fri Mar 08, 7:30AM CST
CTI Group (Holdings) Inc. (OTCQB: CTIG), a leading developer of innovative carrier grade analysis, billing and recording solutions for fixed, mobile and converged communications, announced today that its Board of Directors has formed a Special Committee to, among other things, evaluate and determine CTI Group's response to the proposal made on March 7, 2013, by Fairford Holdings Limited, Michael Reinarts and John Birbeck, to purchase all of the outstanding shares of stock of CTI Group for a cash purchase price of $0.29 per share.
CTI Group (Holdings) Inc Unveils Mobile Communication Recording Solution at Mobile World Congress 2013
GlobeNewswire - Mon Feb 25, 5:55AM CST
via PRWEB - CTI Group (Holdings) Inc. (OTCQB:CTIG), a leading developer of innovative carrier grade analysis, billing and recording solutions for fixed, mobile and converged communications, today unveiled their mobile communication recording solution which significantly enhances their SmartInteraction Suite.
