INDIANAPOLIS, Ind., March 30, 2015 (GLOBE NEWSWIRE) — via PRWEB – CTI Group (Holdings) Inc. (OTC:CTIG), a all-around provider of carrier-grade software solutions and casework which empower organizations through advice ytics, appear after-effects for the twelve months concluded December 31, 2014. Revenues for the twelve months concluded December 31, 2014 added to $18,298,569 as compared to revenues for the twelve months concluded December 31, 2013 of $15,482,996. The admission in revenues was primarily attributable to acquirement accustomed in the United States in our alarm accounting administration and recording (“CAMRA”) segment. The Company appear a net assets for the twelve months concluded December 31, 2014 of $2,242,194, or $0.07 per adulterated share, as compared to a net accident of ($1,102,810), or ($0.04) per adulterated share, for the twelve months concluded December 31, 2013. The net assets for the twelve months concluded December 31, 2014 was primarily attributable to assets consistent from the ahead mentioned admission in acquirement in our United States CAMRA articulation and added assets of $1,344,749 accompanying to the net gain of a acknowledged settlement.
Commenting on the results, Fred Hanuschek, CTI Group’s CEO and President, declared “We are admiring with our advance in acquirement and profitability. We are abnormally admiring with the admission in revenues in the CAMRA articulation generated primarily from added SmartRecord® artefact revenues. SmartRecord® is our multi-tenant carrier-grade recording and ytic solution. We abide encouraged by the added cardinal of opportunities we are experiencing. The bigger achievement has decidedly adequate the banking position of the Company.”
The Company’s CAMRA artefact offerings accommodate hosted VoIP applications which are accepted to advice annihilate chump attrition to about-face to next-generation platforms, while creating new acquirement opportunities for account providers through the commitment of acute amount added services. CTI Group’s articles accommodate the award-winning SmartRecord®, which enables account providers to selectively ambush and almanac any communications on account of their hosted and managed account customers. Specifically engineered to seamlessly accommodate with the account provider’s evolving online eBusiness strategy, these business applications accommodate action barter with customized admission to their provider’s eBusiness aperture and their circuitous account invoices. The Proteus® apartment of articles is acclimated by companies, institutions and government agencies to clue communications action and to ascendancy costs associated with operating communications networks. Proteus® performs functions of alarm accounting, amount allocation, applicant bill-back, yses of block cartage and calling and acceptance patterns, assessment artifice detection, agenda casework and integrates with SmartRecord® as able-bodied as with added clandestine annex barter borderline products.
The EIM apartment of articles includes: Analysis, for complete on-line chump affliction of mobile, anchored band and abstracts services; SplitBill® to accredit users to automate business vs claimed use; and Dynamic Reports, which is a “push” ysis, announcement and announcement average for mobile, abstracts and anchored line, targeting the chump and SMB markets.
About CTI Group – CTI Group (Holdings) Inc. is an all-embracing provider of cyberbanking balance processing and management, action communications administration software and casework solutions, and carrier chic articulation over internet agreement (VoIP) administration applications. CTI Group’s Analysis, SmartBill®, SmartRecord® and Proteus® artefact suites action carriers a abounding arrangement of cloud-based, real-time solutions for cartage ysis, post-billing alarm ysis, chump affliction and alarm recording. CTI Group’s articles are acclimated by some of the top account providers in North America and Europe, and comedy a trusted role in managing telephony costs at above corporations internationally. Headquartered in Indianapolis, CTI Group maintains across offices in London and Blackburn, UK. For added information, amuse appointment CTI Group’s website at http://www.ctigroup.com
Safe Harbor Statement — This absolution may accommodate “forward-looking” statements. Examples of advanced statements include, but are not bound to: (a) projections of revenue, basic expenditures, growth, prospects, dividends, basic anatomy and added banking matters; (b) statements of affairs and objectives of CTI Group or its administration or Board of Directors; (c) statements of approaching bread-and-er performance; (d) statements of assumptions basal added statements and statements about CTI Group and its business apropos to the future; and (e) any statements application such words as “anticipate”, “believe”, “estimate”, “could”, “should”, “would”, “seek”, “plan”, “expect”, “may”, “predict”, “project”, “intend”, “potential”, “continue”, or agnate expressions. CTI Group’s adeptness to adumbrate projected after-effects or the aftereffect of contest on CTI Group’s operating after-effects is inherently uncertain. Advanced statements absorb a cardinal of risks, uncertainties and added factors that could account absolute after-effects to alter materially from those discussed in this document, including, but not bound to: bread-and-er conditions, risks associated with administering business alfresco the United States, adeptness to access a accommodation adeptness or accept added advances from benign owners, if needed, incurring added losses, appulse of accounting pronouncements, recording added impairments, adeptness to advance an able arrangement of controls over banking advertisement and acknowledgment controls and procedures, furnishings of the contempo U.S. recession and ambiguous all-around economy, adeptness to allure and absorb barter to acquirement its products, adeptness to advance or barrage new software products, abstruse advances by third parties and antagonism and the risks declared in CTI Group’s alternate letters filed with the U.S. Securities and Barter Commission.
Contact: CTI Group (Holdings) Inc. Nate Habegger – 317.262.4666
This commodity was originally broadcast on PRWeb. For the aboriginal adaptation including any added images or video, appointment http://www.prweb.com/releases/2015/04/prweb12618019.htm
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