Epixtar Announces Third Quarter Operating Results

Friday, November 21, 2003 - 9:01 am ET

Confirms 230% Increase of 9-Month Revenue Over Last Year's Same Period

MIAMI - (BUSINESS WIRE) - Nov. 21, 2003 - Epixtar Corp. (OTCBB:EPXR - News; FWB:EXY) today announced operating results for the third quarter and nine months ended September 30, 2003.

Revenues for the quarter ended September 30, 2003 were $8.5 million with net income slightly above $1.1 million or $.11 per share. This compares with revenue of $7.7 million and a net loss of $792 thousand or ($.01) per share in the third quarter of 2002 as restated.

Revenues for the nine-months ended September 30, 2003 were just under $30.2 million with net income of $4.4 million or $.42 per share. This compares with revenues of $13.1 million and a net loss of $3.975 million or ($.43) per share in the same period of 2002, as restated.

For additional information, refer to the form 10Q-SB.


About Epixtar Corp.
Epixtar is a provider of marketing services - aggregating contact center capacity and robust infrastructure to deliver comprehensive, turnkey solutions. From campaign design through ongoing management, Epixtar delivers value-driven, creative solutions for telesales initiatives. Epixtar combines global capacity with innovative performance-based compensation and proven methodology to deliver highly successful marketing campaigns. Leading companies use Epixtar's marketing expertise and contact center capacity to acquire, support, and enhance the customer experience, reduce costs and generate top-line revenue. Based in Miami, Florida, Epixtar conducts operations in India, the Philippines, and the Caribbean.

Safe Harbor Statement
This release contains statements about expected future events and financial results that are forward looking. These statements are based on our estimates and assumptions and are subject to risks and uncertainties. Actual results could be affected by a downturn in the economy, new competitive products, slower rate of growth in member base, higher than anticipated cancellations, unforeseen expenses, or technical failure related to self generating web site development or inability to scale server capacity to meet demand. Forward-looking statements include the information concerning our possible or assumed future results of operations. Forward-looking statements also include those preceded or followed by the words: "anticipates," "believes," "estimates," "hopes" or similar expressions. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.

Contact
Epixtar Corp., Miami
Public Relations:
Harry B. Fozzard
hfozzard@epixtar.com

Source
EPIXTAR CORP.

 

 

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