PALM CITY, Fla., Feb. 2 /PRNewswire-FirstCall/ -- Connectyx Technologies Holdings Group Inc. is pleased to announce its preliminary earnings for 2009. Total revenue has increased year over year by 23% to $470,689.05 and decreased its operating loss by 17% to ($393,902.74). We have improved our financial performance significantly and continue on our path of revenue growth and improving margins. On a comparison basis, revenues were $470,689.05 for the year ended December 31, 2009 vs. $382,067.72, for the same period in 2008, an increase of $88,621.33. The Company has sustained a loss of ($393,902.74) for the year ended December 31, 2009 as compared with a loss of ($478,204.08) for the same period in 2008, an improvement of $84,301.34. Management has retained Marcum & Associates to initiate the financial audits for 2009, which will begin over the next 45 days, and could change the financial results as reported above. This will result in an upgrade of our financial reporting status from "Non Audited" to "Audited" for fiscal year 2009 and beyond.
MedFlash(R) continues to gain momentum and we are encouraged by the improving growth rate we have observed over the year. All indications are that revenues will continue to grow and we are off to a strong 2010. Further, the Company was granted registration by the United States Patent and Trademark Office for the MedFlash mark in December. Our list of accomplishments is not limited to our improved financials and increasing sales of MedFlash. We were able to attract some significant talent to our management team.
Connectyx is actively working to achieve the necessary financing to commence a national advertising campaign featuring Dr. Arnot.
About Connectyx Technologies Holdings Group Inc.
MedFlash members arrive at their Doctors offices with their paperwork pre-printed and ready to go. Insurance information and advance directives are available at a moment's notice through Instant Medical History, a leader in patient interview software and a MedFlash PHM technology partner. Prescriptions can also be listed for the physician's reference. Those are just a few of the time saving and risk mitigation features the MedFlash PHM provides. Connectyx products are developed with the needs of Patients, Families, Doctors and First Responders in mind. For more information, please visit our websites at: www.connectyx.com and www.medflash.com
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this communication.
CONTACT: Public Relations: Big Apple Consulting USA, +1-407-389-5900
Web site: http://www.connectyx.com/
