Investorideas.com - Tech Stock Company Profile for TouchIT Technologies (OTCBB: TUCN); Touch-based Visual Communication Products
TouchIT Technologies Revenue for the first six months of 2010 increased 445% while Profits soared up 947% for the same period
Point Roberts, October 14, 2010 (Investorideas.com newswire) www.InvestorIdeas.com, an investor research portal covering multiple sectors including tech stocks, announces the new company profile for TouchIT Technologies (OTCBB: TUCN).
TouchIT Technologies (OTCBB: TUCN) designs, produces and markets touch-based visual communication products. The mission– the design and manufacture of high quality technology products under the TouchIT Technologies™ brand name. It manufactures a large range of touch screen and touch board products to suit all types of application from small LCD touch-screens to large interactive whiteboard displays and audience response systems. TouchIT Technologies undertakes OEM and ODM work for partners all over the world with manufacturing facilities in Istanbul Turkey and Sales Offices in London UK, Co Limerick Ireland and Boston Massachusetts USA.
The company is a featured showcase tech stock on Investorideas.com tech portal and tech blog; www.techsectorstocks.com and Trading Tech Stocks at http://tradingtechstocks.blogspot.com/.
August 18, 2010) - TouchIT Technologies, Inc. (OTCBB: TUCN), a leading manufacturer of touch-based visual communication products, is pleased to report financial results for the three and six month periods ended June 30, 2010. For the three and six month periods ended June 30, 2010, net sales for the Company were $1,125,535 and $2,171,000, respectively. Net sales for the first six months of 2010 increased 445%, as compared to the same period of 2009. This puts the Company's growth rate at more than ten times that of its market.
Gross profit was $752,123, or 35% of net sales, as of June 30, 2010, up from $79,408 in the same period in 2009. Net income was $271,788 for this period, an increase of $451,740, as compared to the six month period ended June 30, 2009. (See profile for full news)
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