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Latest Emtec Inc (ETEC) Headlines

Company Profile for Emtec, Inc.
Business Wire - Thu Nov 21, 2:35PM CST
Emtec, established in 1964, provides technology-empowered business solutions for world-class organizations in the enterprise, federal, state and local government, and education markets. With offices in 11 cities in the U.S., Canada and India, Emtec is big enough to address our client needs but small enough to care. Our local offices, highly-skilled associates, and global delivery capabilities ensure the accessibility and scale to align client's technology solutions with their business needs. Emtec's singular mission is to create "Clients for Life" - long-term relationships that deliver rapid, meaningful, and lasting business value. Our offerings span the entire IT lifecycle: from Consulting through Packaged, Custom, and Cloud Applications as well as a variety of Infrastructure Services.

Emtec Announces Appointment of Sunil Misra as President and Chief Operating Officer
Business Wire - Thu Nov 21, 9:25AM CST
Emtec, Inc., a leading provider of technology-empowered business solutions for world-class organizations, announces the appointment of Sunil Misra as President and Chief Operating Officer of Emtec, Inc. effective November 1st, 2013.

Emtec Launches Wave6 to Deliver Advanced Services for Salesforce.com Customers
Business Wire - Fri Nov 15, 9:10AM CST
Emtec, Inc., the right-sized provider of technology-empowered business solutions, today announced the launch of Wave6, a wholly-owned Emtec subsidiary and a professional services firm focused on providing advanced optimization, expansion, integration and CRM consolidation services for salesforce.com customers. In addition, Wave6 provides mobile, tablet and Force.com development coupled with managed services around development, quality assurance and administration of Salesforce applications.

WAUSAU Appoints IT Professional Services Veteran Brian Mandel As Managing Partner
PR Newswire - Tue Apr 30, 8:00AM CDT
WAUSAU Financial Systems, the industry leader in receivables processing solutions, today announced the appointment of Brian Mandel, a veteran professional services executive and consultant, as managing partner to oversee its Professional Services operation.

Emtec, Inc. Announces Second Quarter 2013 Results
Business Wire - Mon Apr 15, 3:00PM CDT
Emtec, Inc. (OTCQB: ETEC) ("Emtec" or the "Company") announced today that for the quarter ended February 28, 2013, its Adjusted EBITDA, which is defined by management as net earnings (loss) before interest, taxes, depreciation, amortization, retention bonuses, stock-based compensation, severance, earn out liability adjustment, stock warrant expense, restructuring charge, impairment of identifiable intangible assets and impairment of goodwill ("Adjusted EBITDA") increased by $102,000 to $110,000 compared to the second fiscal quarter of last year. Adjusted EBITDA for the six months ended February 28, 2013 was relatively consistent with the same period in 2012. A reconciliation of net loss to Adjusted EBITDA is attached to this press release.

Emtec, Inc. Announces First Quarter 2013 Results
Business Wire - Mon Jan 14, 3:15PM CST
Emtec, Inc. (OTCQB: ETEC) ("Emtec" or the "Company") announced today that for the quarter ended November 30, 2012, its gross profit from Consulting and Outsourcing grew by 6.0% versus the first fiscal quarter of last year to $6.5 million, and total gross margin increased from 16.5% for the quarter ended November 30, 2011 to 18.0% for the quarter ended November 30, 2012. The Company also reported Adjusted EBITDA, which is defined by management as net income (loss) before interest, taxes, depreciation, amortization, retention bonuses, stock-based compensation, severance, earn out liability adjustment, stock warrant expense, restructuring charge, impairment of identifiable intangible assets and impairment of goodwill ("Adjusted EBITDA") of $2.6 million for the quarter ended November 30, 2012 compared with Adjusted EBITDA of $2.7 million for the quarter ended November 30, 2011. A reconciliation of net income (loss) to Adj

Emtec Announces Fiscal 2012 Results
M2 - Mon Dec 17, 1:27PM CST
Emtec, Inc. (OTC: ETEC) said that for the year ended August 31, 2012, the company reported positive adjusted EBITDA of $5.8 million, reflecting growth of over 51% from the year ended August 31, 2011.

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