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Diagnostic tests company projects first quarter profit

Published in Health and Medicine Week, August 22nd, 2005

Medical Services International Inc. projects that in its first fiscal quarter it will exceed $1,000,000 U.S. in profit.

Based on existing contracts, current invoices and scheduled deliveries for its VScan products in the first quarter (July 05 to Sept 05) the company is projecting that it will report a profit for the first quarter of $1,130,000 US on overall revenue of $2,440,000 US.

As the existing contracts extend through the second quarter and it is anticipated that the company will obtain additional contracts, it is reasonable to expect that the company will continue to maintain or slightly exceed its first quarter pace. The time, effort and...

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