ETEC News Alert Emtec Inc (ETEC) 0.9000 09/27/2014 20:54:54

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Emtec Inc (ETEC) 0.9000 $ETEC

Emtec Announces Appointment of New Chief Information Officer with a Charter of Innovation
Business Wire - Thu Jun 12, 8:15AM CDT
Emtec today announced it has appointed Bart HJ De Maertelaere to the position of Chief Information Officer (CIO), responsible for the design and delivery of IT initiatives to support and enable the company's 500 associates who service Emtec's clients worldwide.

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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