Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Nuvolt Corporation Announces the Deposit of its Annual Financial Results as Well as the Date of its Annual Meeting

LEVIS, QUEBEC -- (Marketwire) -- 11/23/12 -- Nuvolt Corporation Inc. ("Nuvolt") (TSX VENTURE:NCO) announces the deposit of its audited financial results for the fiscal year ended on August 31, 2012.

"Our sales performance are an accurate representation of the difficulties experienced by the Company in 2011-2012." says Mr. Jacques Dion, President and CEO. "Following its launch, the SmartScan management software required important adjustments to make the system more user friendly. We have made the necessary corrections during the year. In addition, as outlined in our business plan, we have completed the validation of ShipScan and SmartScan Pro and proceed for production thereof. We received the finished products at the end of the fiscal year only, due to supply problems of some parts. In the fourth quarter, we took in hand the commercial launch of our products and we experienced a sales increase of 42% over the same quarter last year" concludes Jacques Dion.

Highlights:


--  Sales of 2011-2012 increased by 11% as compared to previous year. 

--  Net loss of $2,178,000 ($0.0163/share) for the fiscal year ended on
    August 31, 2012, as compared to $1,866,000 ($0.0246/share) for the
    previous year.

--  SmartScan: Launching of the Optimum/Agrivolt marketing program. Sales of
    Smartscan represented about 19% of total sales of the fiscal year.

--  SmartScan Pro and ShipScan: Process of production in Asia, distribution
    agreements signed for the industrial and commercial markets,
    collaboration agreements concluded to adapt the system to the needs of
    commercial building owners. First sales of SmartScan Pro recorded during
    the year.

--  Financing: Closing of a private placement of $675,000 on July 6, 2012
    and a note payable of $289,000 in August 2012, allowing the Company to
    plan a more important funding, expected to be closed for mid-December
    2012.

The annual financial statements and the management report may be consulted in the electronic data, analysis and research system (SEDAR), accessible at the following address: www.sedar.com.

Finally, NUVOLT informs the public that its Annual General and Special Meeting will be held at 4 p.m. on December 18, 2012 at the offices of Langlois Kronstrom Desjardins, LLP, located at Complexe Jules-Dallaire, building 3T, 2820, Laurier Blvd. 13th Floor, Quebec QC, G1V 0C1. All shareholders are welcome to attend the meeting.

About Nuvolt Corporation Inc.

Nuvolt has developed a specialized expertise in the monitoring and the management systems for electrical failures, power quality, the detection and neutralization of leakage current for the agriculture, maritime, commercial and industrial markets. SmartScan is now available to the agriculture market. The SmartScan system has the ability to predict an electrical failure on equipment and electrical networks. It could prevent equipment failures and production downtime on production assembly lines and commercial buildings and also fire risks. The ShipScan, for the maritime market, and the SmartScan Pro, for the industrial market, have been launched to the market in September 2012.

Certain statements contained in this press release constitute forward-looking information. Such statements are based on the current expectations of management. You are cautioned that such statements can be subject to a multitude of risks and uncertainties that could cause actual results, future circumstances or events to differ materially from those projected in the forward-looking information. The reader should not place undue reliance on the forward-looking information included in this press release given that (i) actual results could differ materially from a conclusion, forecast or projection in the forward-looking information, and (ii) certain material factors or assumptions were applied in drawing a conclusion or making a forecast or projection as reflected in the forward-looking information could prove to be inaccurate. These statements speak only as of the date they are made, and Nuvolt assumes no obligation to revise such statements as a result of any event, circumstance or otherwise, except in accordance with law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
Jacques Dion CEO
(418) 833-0773
(418) 833-4055 (FAX)

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Cloud Developer Stories
Storage administrators find themselves walking a line between meeting employees’ demands to use public cloud storage services, and their organizations’ need to store information on-premises for security, performance, cost and compliance reasons. However, as file sharing protocols...
What do a firewall and a fortress have in common? They are no longer strong enough to protect the valuables housed inside. Like the walls of an old fortress, the cracks in the firewall are allowing the bad guys to slip in – unannounced and unnoticed. By the time these thieves get...
With the rapid advancement of processor technologies, disk access has been identified as the next performance bottleneck in many cloud computing applications. In recent years, storage appliances based on flash memory technologies have been deemed as practical solutions to resolvi...
In this challenging environment, a combination of automated integration testing and test virtualization can enable test teams to improve software quality and keep up with the rate of change. This white paper helps address these needs by describing the benefits that can be gained ...
Fundamentally, SDN is still mostly about network plumbing. While plumbing may be useful to tinker with, what you can do with your plumbing is far more intriguing. A rigid interpretation of SDN confines it to Layers 2 and 3, and that’s reasonable. But SDN opens opportunities for n...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE

Breaking Cloud Computing News
delivering unmatched performance, major new graphics capabilities and twice the energy efficiency of...