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United Systems Technology, Inc. Announces 2002 Results.

Publication: Business Wire
Publication Date: 27-MAR-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Business Editors/High-Tech Writers

DALLAS--(BUSINESS WIRE)--March 27, 2003

United Systems Technology, Inc. (OTC:USTI) announced today that revenues for the year ended December 31, 2002 were $3,618,907, an increase of 20% from the revenues of $3,014,631 reported for the year ended December 31, 2001. The company had net income of $555,814 in 2002 as compared to net income of $519,391 for the comparable period in 2001, an increase of 7% in 2002 over the comparable reported net income for 2001.

The Company continued to increase its revenue during 2002 through internal and external growth. The Company has completed the development of several...

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