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SAN JOSE, Calif., Oct. 13 /PRNewswire-FirstCall/ -- Notify Technology Corporation (OTC Bulletin Board: NTFY - News), today announced that it has enhanced its NotifyLink On-Premise and
http://finance.yahoo.com/news/Notify-Technology-Supports-prnews-805627352.html?x=0&.v=1
The enhanced NotifyLink(TM) solution will extend enterprise wireless email and PIM synchronization to Apple's new iPhone 3GS and any iPhone or iPod(R) touch upgraded with the new iPhone OS 3.0 software while including additional new iPhone features.
http://news.prnewswire.com/ViewContent.aspx?ACCT=109&STORY=/www/story/08-28-2009/0005084554&EDATE=
SAN JOSE, Calif., Aug. 28 /PRNewswire-FirstCall/ -- Notify Technology Corporation (OTC Bulletin Board: NTFY - News), today announced that it has enhanced its NotifyLink On-Premise and
http://finance.yahoo.com/news/Notify-Technology-Supports-prnews-2166703969.html?x=0&.v=1
SAN JOSE, Calif., Aug. 13 /PRNewswire-FirstCall/ -- Notify Technology Corporation (OTC Bulletin Board: NTFY - News) today announced financial results for its third fiscal quarter ended
http://finance.yahoo.com/news/Notify-Technology-Reports-prnews-446691568.html?x=0&.v=1
Total : 3 View more »
SAN JOSE, Calif., Oct 13, 2009 /PRNewswire-FirstCall via COMTEX/ --
Notify Technology Corporation (OTC Bulletin Board: NTFY), today announced that it has enhanced its NotifyLink On-Premise and On-Demand versions to support the new Palm(R) Pre(TM). NotifyLink provides users with wireless email and PIM synchronization combined with a robust set of mobile device management functionality. NotifyLink also supports a variety of mobile devices in addition to the Palm Pre as well as a number of email platforms including Novell's(R) GroupWise(R), Sun's(R) Java(R) Communications Suite, Oracle's(R) OCS and Beehive Suites, Mirapoint's(R) Messaging Server, Alt-N's(R) MDaemon, People Cubes's Meeting Maker, and OpenText's First Class. Notify has been a Palm development partner for many years and has supported all previous versions of the Palm Treo. The Palm Pre uses Palm's new webOS operating system platform and Notify is committed to support all future Palm webOS based devices including the recently announced Palm Pixi(TM).
NotifyLink's functionality for the Palm Pre will include wireless synchronization of email and PIM (calendar, contacts, and tasks) and enhanced security features such as: password strength, minimum password length, inactivity timeout, and the wipe of a Palm Pre after a number of failed unlock attempts.
"We are excited to announce that our enhanced NotifyLink 4.6.2 version now supports the new Palm Pre. We are able to offer any size commercial, government, and educational customer additional functionality with their new Palm Pre devices," said Paul DePond, President and Founder of Notify Technology. "The customer demand for supporting the new Palm Pre devices using our NotifyLink solution has continued to escalate. Our customers enjoy having the option of choosing between our NotifyLink On-Premise or NotifyLink On-Demand versions for connecting their Palm Pre to one of our supported email platforms."
NotifyLink Versions
The NotifyLink 4.6.2 "On-Premise" is ideal for organizations or enterprises who want to maintain and support their wireless email and PIM synchronization on site. NotifyLink 4.6.2 "On-Demand," on the other hand, is a hosted service provided by Notify and is designed for organizations or enterprises of all sizes wanting to avoid the maintenance and support of an "On-Premise" solution but still deploy any number or type of wireless devices.
Availability and More Information
The NotifyLink 4.6.2 On Premise or On Demand solutions supporting the new Palm Pre is now available. For more information about the NotifyLink support for the new Palm Pre, please contact Notify directly at (408) 777-7930 or send an email to sales@notifycorp.com or visit our website at www.notifycorp.com.
About Notify Technology Corporation
Founded in 1994, Notify Technology Corporation, (OTC BB: NTFY) is an independent software vendor (ISV) specializing in wireless solutions and services that provide secure synchronized email and PIM access and management to any size organization or business on a variety of wireless 2-way devices and networks. Notify sells its wireless products directly and through authorized resellers internationally. Notify is an official Apple iPhone Development Partner, BlackBerry ISV Alliance Member, Symbian Alliance Member, and Palm Select Partner. The Company is headquartered in San Jose, California.
Media Contacts:
Edward Toro
Notify Technology Corporation
Tel: 408-777-7929
etoro@notifycorp.com
SOURCE Notify Technology Corporation
http://www.notifycorp.com
Tags: business commercial communications email government java media operating system otc president products sales security software technology wireless
Companies: Notify Technology Corp. (NTFY), Novell, Inc. (NOVL)
SAN JOSE, Calif., Aug 28, 2009 /PRNewswire-FirstCall via COMTEX/ --
Notify Technology Corporation (OTC Bulletin Board: NTFY), today announced that it has enhanced its NotifyLink On-Premise and On-Demand versions to support the Apple iPhone 3GS and all iPhones and iPod touch devices once upgraded with the new iPhone OS 3.0 software. NotifyLink provides users with wireless email and PIM synchronization combined with a robust set of mobile device management functionality. In addition, NotifyLink supports a variety of mobile devices in addition to the iPhone as well as a variety of email platforms including Novell's GroupWise, Sun's Java Communications Suite, Oracle's OCS and Beehive Suites, Google's Premiere Apps, Mirapoint's Messaging Server, Alt-N's MDaemon, People Cubes's Meeting Maker, and OpenText's First Class. Last August Notify launched its initial NotifyLink support for the iPhone and iPod touch which included wireless synchronization of email and PIM (calendar and personal address book), global address lookup, and remote wipe.
Today Notify is announcing that it has enhanced its NotifyLink functionality to support several new security features/settings/options for the iPhone 3GS and iPhone or iPod touch devices using Apple OS 3.0 software such as: password strength, minimum password length, inactivity timeout, and the wipe of an iPhone after a number of failed unlock attempts. A few other new features supported in the new NotifyLink release are: meeting invitations can now be initiated from the iPhone, contacts can now be sent as email attachments, existing calendar and contacts can either be deleted or will be kept separately from those being synchronized from a person's business calendar and contacts, and an option to select which folders will automatically synchronize without having to open them.
"We are excited to announce that our enhanced NotifyLink 4.6.1 version now supports the new iPhone 3GS and iPhone OS 3.0 software. We are able to offer any size enterprise, government, and educational customer additional functionality with their new or upgraded iPhone or iPod touch devices," said Paul DePond, President and Founder of Notify Technology. "The customer demand for supporting the iPhone and iPod touch devices using our NotifyLink solution has continued to escalate. Our customers enjoy having the option of choosing between our NotifyLink On-Premise or NotifyLink On-Demand versions for connecting their iPhones and iPod touches to one of our supported email platforms."
NotifyLink Versions
The NotifyLink 4.6.1"On-Premise" is ideal for organizations or enterprises who want to maintain and support their wireless email and PIM synchronization on site whereas the NotifyLink 4.6.1"On-Demand" is a hosted service provided by Notify and designed for organizations or enterprises of all sizes wanting to avoid the maintenance and support of an "On-Premise" solution and still deploy any number or type of wireless devices.
Availability and More Information
The NotifyLink 4.6.1 On Premise or On Demand solutions supporting the iPhone 3GS and iPod touch using the new iPhone OS 3.0 software is now available. For more information about the NotifyLink support for the iPhone 3.0 and iPod touch devices, please contact Notify directly at (408) 777-7930 or send an email to sales@notifycorp.com or visit our website at www.notifycorp.com.
About Notify Technology Corporation
Founded in 1994, Notify Technology Corporation, (OTC BB: NTFY) is an independent software vendor (ISV) specializing in wireless solutions and services. Notify's wireless solutions and services provide secure synchronized email and PIM access and management to any size organization or business on a variety of wireless 2-way devices and networks. Notify sells its wireless products directly and through authorized resellers internationally. Notify is an official Apple iPhone Development Partner, BlackBerry ISV Alliance Member, Symbian Alliance Member, and Palm Select Partner. The Company is headquartered in San Jose, California.
Media Contacts:
Edward Toro
Notify Technology Corporation
Tel: 408-777-7929
etoro@notifycorp.com
SOURCE Notify Technology Corporation
http://www.notifycorp.com
Tags: book business communications email java media otc president products sales software technology wireless
Companies: Notify Technology Corp. (NTFY), Novell, Inc. (NOVL)
SAN JOSE, Calif., Aug 13, 2009 /PRNewswire-FirstCall via COMTEX/ --
Notify Technology Corporation (OTC Bulletin Board: NTFY) today announced financial results for its third fiscal quarter ended June 30, 2009.
Revenue increased 39% to $1,593,805 in the three-month period ended June 30, 2009 from $1,144,800 during the same period in the prior year. The Company had a net gain for the fiscal quarter ended June 30, 2009 of $120,246 or $0.01 per share, an improvement from a net loss of $83,067, or $0.01 per share, reported for the fiscal quarter ended June 30, 2008.
The gain was completely attributable to the 31% growth in revenue to $4,366,636 for the nine-month period ended June 30, 2009, over revenue of $3,331,443 for the nine-month period ended June 30, 2008. The Company also experienced a 34% gain in cash and cash equivalents at June 30, 2009 as compared to cash and cash equivalents at September 30, 2008. The Company's accounts receivables balance increased 18% during that same period and deferred revenue balance at June 30, 2009 was 22% higher than the comparable balance at September 30, 2008. Management believes that these increases signify that the Company closed new contracts during the first three quarters of fiscal 2009 at a rate faster than old contracts expired, explaining the 31% growth of revenue during the nine-month period ended June 30, 2009 over the nine-month period ended June 30, 2008.
Sales and marketing expenses were $567,522 in the three-month period ended June 30, 2009 compared to $472,378 in the three-month period ended June 30, 2008. The increase was primarily in salary and commission expenses for ongoing business and the launch of the new NotifySync product in January 2009.
The Company expended $469,970 for research and development in the three-month period ended June 30, 2009 compared to $414,788 in the three-month period ended June 30, 2008. Virtually all the increase is due to personnel increases as the Company invested heavily in expanding the NotifyLink product line and readying the NotifySync product line for launch in January 2009.
General and administrative costs also increased to $397,804 in the three-month period ended June 30, 2009 compared to $310,079 for the three-month period ended June 30, 2008. The increase was largely due to $17,294 in non-cash compensation expense due to option vesting and a $29,912 for legal expenses related to shareholder matters.
"It gives me great pleasure to report the financial results of this quarter to our shareholders as it reflects our transition to achieving greater financial performance. Not only did we have a profitable quarter, but we also reduced the loss year-to-date to only $33,643. We are very pleased that our NotifyLink(TM) revenues have increased quarter to quarter and that this quarter's results were a 39% increase over the same quarter last year," said Paul DePond President and CEO of Notify Technology Corporation. "Our NotifyLink products have done well even in a tough economy. Our ability to support the large number of the new wireless handhelds like the Apple(R) iPhone(TM) 3GS or Palm(R) Pre(TM) makes our NotifyLink solution very desirable for organizations and enterprises of all sizes."
About Notify Technology Corporation
Founded in 1994, Notify Technology Corporation, (OTC BB: NTFY) is an innovative software company developing mobility products for organizations of all sizes. Notify's wireless solutions provide secure synchronized email and PIM access and management to any size organization on a variety of wireless 2-way devices and networks. Notify sells its wireless products directly and through authorized resellers internationally. The Company is headquartered in San Jose, California. For more information, visit http://www.notifycorp.com or contact 408-777-7920.
Forward-Looking Statements: This press release contains forward-looking statements related to Notify Technology Corporation that involve risks and uncertainties, including, but not limited to, statements regarding the changes in asset balances on the balance sheet, the significant of changes in the balance of deferred revenue, the launch of new wireless devices and product lines and the improving performance of the Company's wireless products. Those statements are based on current information and expectations and there are important factors that could cause actual results to differ materially from those anticipated by such statements. These risks include, but are not limited to, Notify's ability to deliver products and manage growth, its ability to continue to improve its existing products or develop new products or technologies, and its ability to maintain revenue growth as well as other risks. In particular, management cannot predict future NotifyLink revenues with any accuracy and does not know whether NotifyLink revenues will continue to grow at the rates recently experienced, if at all. Increasing NotifyLink revenues will require, among other things, continued investments in the Company's sales and marketing organization and Notify has limited available cash resources to make these investments. These forward-looking statements are made in reliance on the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these factors that could affect Notify Technology's future results, please see the Company's filings with the Securities and Exchange Commission. Prospective investors are cautioned that forward-looking statements are not guarantees of performance. Actual results may differ materially from management's expectations.
Contacts:
At Notify Technology Corporation:
Jerry Rice, Chief Financial Officer
Phone: 408-777-7927
jerry.rice@notifycorp.com
(Financial Tables Follow)
NOTIFY TECHNOLOGY CORPORATION
CONDENSED STATEMENTS OF OPERATIONS
Three-Month Periods Nine-Month Periods
Ended June 30, Ended June 30,
2009 2008 2009 2008
Revenue:
Product revenue $1,593,805 $1,144,800 $4,366,636 $3,331,443
Total revenue 1,593,805 1,144,800 4,366,636 3,331,443
Cost of revenue:
Product cost -- 2,590 8,620 11,455
Royalty payments 38,925 30,647 109,072 105,284
Total cost of revenue 38,925 33,237 117,692 116,739
Gross profit 1,554,880 1,111,563 4,248,944 3,214,705
Operating expenses:
Research and
development 469,970 414,788 1,449,731 1,186,960
Sales and marketing 567,522 472,378 1,708,292 1,374,160
General and
administrative 397,804 310,079 1,127,477 956,859
Total operating
expenses 1,435,296 1,197,245 4,285,500 3,517,979
Gain (loss) from
operations 119,584 (85,682) (36,556) (303,274)
Other interest
(expense), net 662 2,615 2,913 6,479
Net gain (loss) $120,246 $(83,067) $(33,643) $(296,795)
Basic net gain (loss)
per share $0.01 $(0.01) $(0.00) $(0.02)
Basic weighted average
shares outstanding 14,075,662 14,075,662 14,075,662 14,046,336
Diluted weighted net
gain(loss) per share $0.01 $(0.01) $(0.00) $(0.02)
Diluted weighted average
shares outstanding 14,849,281 14,075,662 14,075,662 14,046,336
NOTIFY TECHNOLOGY CORPORATION
Condensed Balance Sheets
June 30, Sept. 30,
2009 2008
Unaudited Audited
Assets:
Current assets:
Cash and cash equivalents $1,357,105 $1,010,607
Accounts receivable, net 599,665 509,735
Other assets 24,898 39,452
Total current assets 1,981,668 1,559,794
Non-current assets
Property and equipment, net 243,332 173,224
Lease deposits 15,602 --
Total non-current assets 258,934 173,224
Total assets $2,240,602 $1,733,018
Liabilities and shareholders' deficit
Current liabilities:
Current portion of capital lease
obligation $4,753 $4,445
Accounts payable 49,887 40,045
Accrued payroll and related
liabilities 331,653 349,292
Deferred revenue 2,964,465 2,418,235
Other accrued liabilities 139,740 171,108
Total current liabilities 3,490,498 2,983,125
Long-term capital lease obligations 7,069 10,685
Total liabilities 3,497,567 2,993,810
Shareholders' deficit:
Common stock 14,076 14,076
Additional paid-in capital 23,424,865 23,387,395
Accumulated deficit (24,695,906) (24,662,263)
Total shareholders' deficit (1,256,965) (1,260,792)
Total liabilities and shareholders'
deficit $2,240,602 $1,733,018
SOURCE Notify Technology Corporation
http://www.notifycorp.com
Tags: business ceo deficit economy financial results legal marketing otc president products property research and development revenue rice sales securities software technology wireless
Companies: Notify Technology Corp. (NTFY)
Total : 124 View more »
NotifyLink for Symbian Series 60 3rd Edition The NotifyLink Enterprise Mobility Solution links your S60 3rd Edition device to your enterprise e-mail and personal information management (PIM) suite with an intuitive, easy-to-use interface.
SAN JOSE, CA – May 6, 2003 – Notify Technology Corporation (NASDAQ: NTFY), a leading provider of enterprise wireless solutions, today announced it has entered into an agreement with Motient Corporation (OTC:MNCP).
This new solution enables users of the popular Meeting Maker calendar software to increase their productivity by providing access to their calendars, email, task lists and contact lists from any Blackberry, Treo or Windows Mobile wireless device.
GMS is a multi-platform messaging system catering for the full range of Internet messaging services that is compatible with Windows (NT, XP, 2000, 2003), Linux (Redhat, Suse, Mandrake, Debian, etc), Solaris and AIX.
Total : 70,000,000 View more »
Designs, develops, manufactures, markets and sells sophisticated computer telephony products which increase timeliness, ease of message retrieval for voice mail and properly routed ...
Get the latest on Notify Technology Corporation including up to date news, high quality discussion groups and more on Google Finance.
Notify Technology Corporation Company Profile - View the latest news, market research, credit research, and investment research on Notify Technology Corporation San Jose CA United ...
http://www.alacrastore.com/company-snapshot/Notify_Technology_Corporation-2002449
PROSPECTUS SUPPLEMENT Filed Pursuant to Rule 424(b)(3) Dated May 20, 2004 Registration No. 333-114999 To prospectus dated May 12, 2004 NOTIFY TECHNOLOGY CORPORATION Up to 13,269 ...
news) to discuss the fiscal 2001 first quarter results and to learn more about the Company and its future growth initiatives. The conference call will begin at 4:15 PM EST on Tuesday, February 6, 2001.