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Statmon Technologies' Revenue Up 71.39% over latest 3 months according to T12-NEWS Thursday, July 29, 2010 New York, NY, July 29, 2010,T12-NEWS says that Fourth Quarter Revenue for Statmon Technologies (OTC:STCA) for its three months ended March 31, 2010 increased by 71.39% to $829,924. This compares to Revenue of $484,222 for Statmon Technologies over the previous comparable three months ended March 31, 2009. The fourth quarter numbers compared to a 6.28% decrease in twelve month Revenue ended March 31, 2010. The industry, Software and Programming, in which Statmon Technologies is a member generated a Revenue increase of 8.31% over its most recent three months which compared to an increase of 71.39% in Revenue for the company over the earlier or comparable three months. The industry's Revenue statistics compared to an increase in aggregate Revenue of 9.83% for the S&P 500's non-financial companies and an aggregate increase in Revenue of 13.7% for the Dow Jones Industrial's non-financial companies over their most recent three months. Currently, the Software and Programming industry is ranked at 92 out of 230 industries based on the Revenue growth rates for all industries over the latest 12 months according to T12-NEWS. T12-NEWS is a publisher of proprietary financial news. It is dedicated to reporting on revenue and earnings data, which cover a public company’s most recent versus previous or TRAILING 12 month and fourth quarter financial information and data. The proprietary news that it publishes is calculated from the quarterly reports (10Q’s) and annual reports (10K’s) which a publicly traded company is required to file with the United States Securities Exchange Commission (SEC). The reporting of trailing 12 month news for public companies is essential because public companies are not required by the U.S. Securities & Exchange Commission (SEC) to report trailing 12 month or fourth quarter financial data when they make their quarterly and annual filings. The reporting and publishing of Trailing 12 month data is necessary because a constant look back at the previous 12 months of comparative data will give investors a more stable reading on the true health of a public company. T12-NEWS also covers and reports on fourth quarter revenue for all publicly traded companies. Fourth quarter comparisons of financial information as compared to previous fiscal year fourth quarters can also give investors better readings on the financial health of a publicly traded company. Public companies can withhold or push negative information from the first three quarters of a fiscal year to their fourth quarter because they are not required to file a quarterly report for their fourth quarter by the SEC. The quarterly, semi-annual, nine month and annual reports that a public company is required to be filed with the SEC can be skewed because they cover shorter time horizons. T12-NEWS publishes news on revenue and earnings or Net Income on thousands of public companies, which trade on U.S. Securities Exchanges. Current and archived trailing twelve month and fourth quarter news, reports and archives from T12-NEWS are available at www.StockTrendNews.com. About Stock Trend News StockTrendNews.com is a stock market news aggregator. They specialize in aggregating and providing objective and proprietary news for their subscribers, which pertains to the changing Financial Statement and share price data of publicly traded companies. The site currently publishes an average of 200 stories per day and has archives dating back to 2002. About Statmon Technologies Corp. Statmon Technologies Corp. is a broadcast, telecom and wireless network infrastructure technology management and solution provider. Our proprietary control and monitoring software platform, AXESS®, and supporting integration products are deployed by both traditional and nontraditional broadcasters, mobile TV for telecom and cellular wireless service providers to optimize network performance and improve overall efficiency within their network infrastructures. The Company is headquartered in Bannockburn, IL, a Chicago northern suburb, and its shares are traded in the OTC Bulletin Board under the symbol "STCA.OB." This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based largely on expectations or forecasts of future events, can be affected by inaccurate assumptions and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the Company’s control. Therefore, actual results could be differ materially from the forward-looking statements contained in this press release. A wide variety of factors could cause or contribute to such differences and could adversely impact revenues, margins, profitability, cash flows and capital needs. Such factors include, but are not limited to, (i) its ability to increase revenues and achieve profits and positive cash flow in fiscal 2010; (ii) its ability to maintain or expand distribution within existing and new channels of trade for its products; (iii) its dependence on FloTV for a substantial portion of its revenues; (iv) its ability to complete the placement of its offering of Tranch III Secured Convertible Debentures; (v) the holders of the convertible debentures decision to convert the debentures to common stock or demand payment and its need for additional capital and the uncertainty of obtaining it; (vi) the market acceptance for one or more of its new or existing products; (vii) whether it will be able to adapt its technology to new and different uses, including being able to introduce new products;(viii) competition from larger, more established companies with far greater economic and human resources; (ix) its ability to track and retain costumers and quality employees; (x) the effect of changes in economic conditions, including the impact of the current economic downturn; (xi) changes in government regulations, tax rates and similar matters; (xii) its ability to refinance or renegotiate promissory notes that have come due or are coming due; (xiii) the wide fluctuations in its quarterly operating results; (xiv) its failure to successfully implement new market verticals; and (xv) its ability to keep pace with rapidly changing technologies. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words "believes," "expects," "anticipates," "intends," "estimates," "plans," "projects," "should" or other expressions that are predictions of or indicate future events or trends to be uncertain and forward-looking. The Company does not undertake to publicly update or revise forward-looking statements, whether as result of new information, future events or otherwise. For a more detailed description of these and other cautionary factors that may affect the Company’s future results, please refer to its Report on Form 10-K for its fiscal year ended March 31, 2009 and its Form 10-Q for the three months ended June 30, 2009, filed with the Securities and Exchange Commission. Contact: Statmon Technologies Corp. Geoffrey Talbot, Chairman and CEO 847.604.5366 or 310.770.4802
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