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
Gatorz Inc. Reports Financial Results for the Third Quarter and Year to Date Periods Ended September 30, 2012

ANCASTER, ONTARIO -- (Marketwire) -- 11/30/12 -- Gatorz Inc. (TSX VENTURE:GTZ) ("Gatorz") today reported its financial results for the third quarter and year to date periods ending September 30, 2012.

Third Quarter Results: (all amounts in US$)


--  Revenue decreased by $3,537 to $445,515 from the same quarter last year
    primarily due to the decrease in business to No Fear Stores which was
    partially offset by higher internet and showroom sales; 
    
--  Gross profit percentage increased from 40.40% to 50.72% of sales due to
    the increased internet and showroom sales which realize higher sales
    prices and resulting margins. 
    
--  Operating expenses decreased by $79,941 to $338,285 as the company
    implemented a plan in the third quarter which reduced salaries and wages
    by $49,473 and advertising and promotion costs by $31,636. 
    
--  Total comprehensive loss for the quarter was $112,538 compared to
    $180,121 in the same quarter of 2011. 

Nine - Month Year To Date Results: (all amounts in US$)


--  Revenue decreased by $198,362 to $1,175,282 from the same period last
    year primarily due to the decrease in sales to No Fear; 
    
--  Gross profit percentage increased from 46.43% to 51.92% of sales due to
    the increased internet and showroom sales which realize higher sales
    prices. 
    
--  Operating expenses increased by $201,970 to $1,005,964 as the company
    and No Fear terminated their shared services agreement in the second
    quarter of 2011. On a year to date basis salaries, the largest portion
    of operating expenses, increased by of $186,281. 
    
--  Total comprehensive loss for the nine-month period was $563,964 compared
    to $226,314 in the same quarter of 2011.  

Business Development since year end:


--  Updated the web site and significantly increased its social media
    presence; 
    
--  Completed a debt offering raising $1,628,000, a portion of which will be
    used for growth and strategic alternatives.  
    
--  Expanded the company's offering of premium injection moulded Italian
    frames; 
    
--  After a successful test in 12 of Navy Exchange Service Command (Nexcom);
    Gatorz has expanded its presence into 26 of Nexcom's stores and hope to
    be in all 72 domestic and international locations.  
    
--  Testing at Marine Recruit Depot is off to an exceptional start and with
    continued positive results will create potential expansion for inclusion
    on a number of additional bases; and 
    
--  Converted $495,843 in convertible debentures to 1,068,186 common shares
    at the price of CDN$0.54 per share. 

Gatorz CEO Kerry Lynch states, "We are pleased to see the continued growth of the Aluminum frames in the market place. The new Darth frame has been an instant hit with consumers. We are also developing two new frames to follow in its footsteps for an early spring release."

You can view the complete financial statements along with the MD&A at www.sedar.com.

About Gatorz

Gatorz Inc. (www.gatorz.com) designs, develops, manufactures, and distributes performance eyewear, including sunglasses crafted from 7075 billet aircraft aluminum and from premium injection moulded Italian frames. Gatorz precision built aluminum eyewear is proudly made in the USA, offering superior craftsmanship, performance and durability. Gatorz proprietary technologies include the ability to customize the frame to the wearer's specific facial features. In addition, the Company's lens technology, TruRay Optics, offers a comprehensive assortment of ballistic impact-proof lenses which are 100% UV blocking, optically correct and distortion free. Gatorz distribution markets include motorcycling, motorsports, skydiving, military, off-road, hunting & fishing, action sports, and youth lifestyle markets.

Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Gatorz Inc. assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Gatorz Inc.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contacts:
Investor Relations Inquiries:
Mike Dianna
(800) 767-4287
mike@gatorz.com
www.gatorz.com

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
The BPM world is going through some evolution or changes where traditional business process management solutions really have nowhere to go in terms of development of the road map. In this demo at 15th Cloud Expo, Kyle Hansen, Director of Professional Services at AgilePoint, shows...
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is ...

ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ --  IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and deli...

"BSQUARE is in the business of selling software solutions for smart connected devices. It's obvious that IoT has moved from being a technology to being a fundamental part of business, and in the last 18 months people have said let's figure out how to do it and let's put some focu...
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy...
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