Asia Pay Announces Quarterly Results: 68% Gross Profit Margin.

PR Newswire | May 19, 2005 | Copyright

NEW YORK and BEIJING, May 19 /PRNewswire-FirstCall/ -- Asia Payment Systems, Inc. (BULLETIN BOARD: APYM) today announced results for the fiscal quarter ending March 31, 2005.

Commenting on the Q1-05 results, Matt Mecke, President and CEO of Asia Pay, stated, "The results for our first full fiscal quarter of operations show a 68% gross profit margin. We're pleased to report that we're on track with our strategic plan for rapid expansion of business operations in cooperation with our business partners, including important government agencies in major cities as well ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

'Iridium(R) NEXT' to be Unveiled at SATELLITE 2007.
PR Newswire ; Iridium Identifying Design and Development Partners For Next...Constellation BETHESDA, Md., Feb. 15 /PRNewswire/ -- Iridium Satellite announces it will formally launch its "Iridium NEXT" initiative at the SATELLITE 2007 Show in Washington...
Iridium North America Announces Critical Systems are Y2k Ready.
Business Wire ; ...for mission-critical operations, Iridium North America is pleased to announce that crucial components of the Iridium satellite communications system under...where Y2K readiness is questionable, Iridium North America offers a system that will...
IRIDIUM IN REGULATORY PROCESS TO ENTER RUSSIAN MARKET.(Industry overview)
Newspaper article from: Modem User News ; Iridium Satellite LLC, the world's only mobile...coverage, has formed a company called, "Iridium Communications Russia, OOO" to pursue...eventually serving the Russian MSS market, Iridium exhibited and hosted a roundtable seminar...
Iridium in Regulatory Compliance Process to Enter Russian Market.
PR Newswire ; Iridium To Exhibit At Sviaz-Expocomm And Host...and MOSCOW, May 11 /PRNewswire/ -- Iridium Satellite LLC, the world's only mobile...announces it has formed a company called, "Iridium Communications Russia, OOO" to pursue...
IRIDIUM ENHANCES GLOBAL PERSONAL COMMUNICATIONS SYSTEM AND SERVICE; NEW 'DUAL MODE' IRIDIUM PHONE TO COMPLEMENT EXISTING CELLULAR SYSTEMS
PR Newswire ; IRIDIUM ENHANCES GLOBAL PERSONAL COMMUNICATIONS SYSTEM AND SERVICE; NEW 'DUAL MODE' IRIDIUM PHONE TO COMPLEMENT EXISTING CELLULAR SYSTEMS LONDON, Jan. 16 /PRNewswire/ -- Iridium, Inc., the Motorola affiliate, today announced...
Iridium in Regulatory Compliance Process to Enter Russian Market.(Industry overview)
PR Newswire Europe ; ...and MOSCOW, May 11 /PRNewswire/ -- - Iridium To Exhibit At Sviaz-Expocomm And Host...With Russian Ministry Of Communications Iridium Satellite LLC, the world's only mobile...announces it has formed a company called, "Iridium Communications Russia, OOO" to pursue...
Iridium Eyes Recovery With Chapter 11 Bankruptcy Court Protection.
Newspaper article from: Satellite News ; Iridium LLC [IRID] officials envision the company...Bankruptcy Court in Delaware was spurred after Iridium defaulted on $1.5 billion in two bank...to high-yield bondholders Aug. 15. Iridium's major shareholders- banks, bondholders...
Iridium to rise from ashes in new form.(Business)
Newspaper article from: The Washington Times ; ...ago when he started cobbling together Iridium Satellite LLC with parts salvaged from...network of satellites. On Friday, the new Iridium Satellite LLC will activate its 66 satellites...Illinois company that owned 19 percent of Iridium LLC and controlled the devices, to support...
Iridium Announces Extension of Popular 'Trade-Up to Iridium' Program.
PR Newswire ; ...Provides Credits Up to $700 For Customers Switching to Iridium BETHESDA, Md., Feb. 19 /PRNewswire/ -- Iridium Satellite LLC announces that it is re-launching its popular "Trade-Up to Iridium" program, which provides pricing incentives for...
Iridium ships 1000 secure phones, announces availability of data services.
Magazine article from: RCR Wireless News ; LEESBURG, Va.--Iridium Satellite L.L.C. began shipping last week an order...communications when both parties on the conversation are using Iridium phones. In addition, Iridium announced the commercial availability of its mobile satellite...

Find more facts and information related to the article "Asia Pay Announces Quarterly Results: 68% Gross ..."