Cyberplex Inc. (TSX : CX), one of North America's leading technology solutions firms, today that it has filed with the Toronto Stock Exchange (“TSX”), and the TSX has accepted, a notice of intention to make a normal course issuer bid. Under its normal course issuer bid, Cyberplex may purchase up to 2,627,150 of its common shares, representing approximately 10% of the “public float” of common shares. As of November 7, 2005, Cyberplex has 32,426,249 common shares issued and outstanding, with a public float of 26,271,549 common shares. Cyberplex will cancel any common shares purchased pursuant to the normal course issuer...
Cyberplex Inc. (TSX : CX), today announced that its Board of Directors has unanimously approved a succession plan for the management of the company. Effective January 1, 2006, Geoffrey Rotstein will be promoted to Chief Executive Officer, taking over for current President and Chief Executive Officer, Dean Hopkins, who is leaving the company after 11 years. “Dean was the initial visionary and driving force behind Cyberplex. As both founder and president, we want to thank him for his commitment and leadership in guiding the company for over a decade and we wish him the very best in his future endeavors,”...
Cyberplex Inc. (TSX : CX), one of North America's leading technology solutions firms, today announced financial results for its third quarter ended September 30, 2005. Revenue of $1.41 million was down from the $1.86 million generated in the previous quarter and lower than the $2.30 million recorded during the same period a year ago. The loss before amortization and interest income for the quarter was $335,000 compared to a $55,000 operating profit generated in the previous quarter and the $388,000 generated during the same period a year earlier. The resulting net loss for the quarter was $374,000. Incorporated into these...
Cyberplex Inc. (TSX : CX), one of North America's leading technology solutions firms, today announced financial results for its first quarter ended June 30, 2005. Revenue for the second quarter was $1.86 million with earnings before amortization and interest income of $55,000 and positive net income of $10,000. Revenue was down from the $2.26 million generated in the previous quarter and lower than the $2.21 million recorded during the same period a year ago. Earnings before amortization and interest income of $55,000, was positive for the eleventh consecutive quarter, and was down from the $299,000 generated last quarter and from...
Cyberplex Inc. (TSX : CX), a specialized team of management and technology consultants, today announces that it has been selected by the Atlantic Lottery Corporation (ALC) to provide SMART Application Management of its online lottery gaming platform. ALC was the first lottery in North America to offer some of its lottery products for sale over the Internet. PlaySphere, ALC's online gaming environment, was launched in August 2004 and provides lottery players in the Atlantic provinces with safe and convenient online access to selected ALC lottery products. This high volume, large scale application needs to always be up and running. ALC...
Cyberplex Inc. (TSX : CX), one of North America's leading technology solutions firms, today announced financial results for its first quarter ended March 31, 2005. Revenue for the first quarter was $2.26 million, consistent with the $2.29 million in the previous quarter, and up from the $2.20 million recorded during the same period a year ago. Earnings before amortization and interest income of $299,000 were positive for the tenth consecutive quarter. While this was down from the $361,000 generated last quarter and the $466,000 realized during the same period a year ago, it is in line with the Company's expectations...
Cyberplex Inc. (TSX : CX), one of North America's leading technology consulting firms, today announced financial results for the fourth quarter and the year ended December 31, 2004. Fourth quarter revenue of $2.29 million was consistent with the revenue from the previous quarter, and was an increase of 6% over the $2.17 million recorded during the same period a year ago. Earnings before amortization and interest income, despite the rising Canadian dollar, were positive for the ninth consecutive quarter at $361,900. For the seventh consecutive quarter, the Company posted a positive net income of $305,600, or approximately $0.01 per share....