22.7% Year-Over-Year Revenue Growth, 311% Year-Over-Year Net Income Growth and Reaffirms Guidance for FY11

Jun. 10, 2011 (Marketwire) --

MONTREAL -- (Marketwire) -- 06/10/11 -- Superclick, Inc. (OTCBB: SPCK), a technology leader in IP infrastructure management and converged network design solutions, today announced financial results for the second quarter ended April 30, 2011.

Key Financial Highlights

• Q211 revenues increased 22.7% on a year-over-year basis and revenues for the six months ended April 30, 2011 increased 35.6% on a year-over-year basis;
• Q211 gross profit increased 38.4% on a year-over-year basis, and 40.9% on a year-over-year basis for the six months ended April 30, 2011;
• Gross margins of 53.4% compared to 48.8% the prior quarter and 47.3% for the same period last year;
• Q211 income from operations increased 221.3% compared to the same period last year, and 146.7% for the six months ended April 30, 2011 compared to the same prior year period; and
• Q211 net income increased 311% on a year-over-year basis, and 177.2% for the six months.

Sandro Natale, CEO and President of Superclick, said that "This was another solid quarter for our business, adding to our portfolio of leading hospitality brands in North America and extending our reach into key growth regions on a global basis including the Middle East and Asia. We are uniquely positioned to remain on a strong growth track for the foreseeable future in these markets as we work to meet and enhance our customers' business needs in an increasingly complex network environment."

Financial Results for the Three and Six Months Ended April 30, 2011

Net Revenue for the three months ended April 30, 2011 increased $489,251 or 22.7% to $2,642,172 compared to $2,152,921 for the three months ended April 30, 2010. Net Revenue for the six months ended April 30, 2011 increased $1,345,285 or 35.6% to $5,127,644 compared to $3,782,359 for the six months ended April 30, 2010.

Net sales revenue which includes revenue generated from new business increased 30.8% to $1,423,327 from $1,087,820 for the quarter and 61.0% to $2,740,207 from $1,702,484 year to date. The increase was mainly due to a positive mix of new business generated by the acquisition of new brands and hotel properties and the continued success of the company's hardware refresh program where existing clients are upgrading their existing HSIA networks.

Services revenue, which includes revenue generated from guest support services, grew 14.4% to $1,218,845 from $1,065,101 for the quarter and 14.8% to $2,387,437 from $2,079,875 year to date. In addition to successfully renewing support service contracts with existing clients, the Company was also able to secure services with higher level service level agreements with newly deployed clients.

Gross profit for the three months ended April 30, 2011 increased $391,634 or 38.4% to $1,410,486 compared to $1,018,852 for the three months ended April 30, 2010. Gross profit for the six months ended April 30, 2010 increased $762,231 or 40.9% to $2,624,043 compared to $1,861,812 for the six months ended April 30, 2010. For both the quarter and year to date, the increases in gross profit were mainly due to the favorable sales variances. The current quarter experienced a positive sales mix of new clients that resulted in both a favorable gross profit and gross margin compared to the previous year. Accordingly, the positive quarter`s results also improved the year to date profit and margins. Gross margin for the quarter was 53.4% compared to 47.3% for the previous year's comparable period and 51.2% year to date compared to 49.2% last year.

The net income before income taxes for the three months ended April 30, 2011 was $394,038 or 14.9% of net revenue compared to $123,168 or 5.7% of net revenue during the three months ended April 30, 2010. The Company recorded $104,360 in income tax expense during the three months ended April 30, 2011 compared to $52,681 in 2010. Second quarter 2011 net income increased $219,191 or 311% to $289,678 or 11.0% of net revenue compared to $70,487 or 3.3% of net revenue during the same period of 2010.

The net income before income taxes for the six months ended April 30, 2011 increased 146% or $501,673 to $845,217 or 16.5% of net revenue compared to $343,544 or 9.1% of net revenue during the six months ended April 30, 2010. The Company recorded $235,165 in income tax expense during the six months ended April 30, 2011 compared to $123,476 in 2010. The six month 2011 net income increased by $389,984 or 177.2% to $610,052 or 11.9% of net revenue compared to $220,068 or 5.8% of net revenue.

For the three months ended April 30, 2011, the net income per common share was $0.01 basic and $0.00 fully diluted compared to $0.00 basic and $0.00 diluted for the three months ended April 30, 2010. The basic and fully diluted weighted average shares for the three months ended April 30, 2011 were 45,959,870 and 58,387,251, respectively. The basic and fully diluted weighted average shares for the three months ended April 30, 2010 were 45,312,251 and 58,624,751, respectively.

For the six months ended April 30, 2011, the net income per common share was $0.01 basic and $0.01 diluted compared to $0.00 basic and $0.00 diluted for the six months ended April 30, 2010. The basic and fully diluted weighted average shares for the three months ended April 30, 2011 were 45,948,296 and 58,375,677, respectively. The basic and fully diluted weighted average shares for the six months ended April 30, 2010 were 45,312,251 and 58,624,751, respectively.

Total cash resources as of April 30, 2011 was $2,420,583 compared with $2,092,809 at October 31, 2010.

Superclick is reiterating previously stated FY11 guidance of revenues in the range of $10.5 to $11 million and operating margins of 13.5% to 15.5%.

About Superclick, Inc.
Superclick, Inc. (OTCBB: SPCK), through its wholly owned, Montreal-based subsidiary Superclick Networks, Inc., develops, manufactures, markets and supports the Superclick Internet Management System (SIMS™), Monitoring and Management Application (MAMA™) and Media Distribution System (MDS™) in worldwide hospitality, conference center and event, multi-tenant unit (MTU) and university markets. Superclick Networks Inc. serves leading hospitality brands including Accor, Fairmont & Raffles Hotels, Four Seasons Hotels, Intercontinental Hotels Group, Jumeirah, Kimpton Hotels, Mandarin Oriental Hotels, Marriott Hotels International, Shangri-La Hotels and Starwood in Canada, North America, the Middle East and Asia. Superclick Networks is also partnering with IBM Global Services in the development of products and services designed to address strategic opportunities in key growth markets on a worldwide basis.

Forward-Looking Statements

Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements with the terms "believes," "belief," "expects," "intends," "anticipates," "will" or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.

Company:
Todd M. Pitcher
Phone: 760-798-4938