TECTIA ESTIMATES FULL YEAR 2012 REVENUE TO INCREASE SIGNIFICANTLY FROM YEAR
2011 AND FULL YEAR 2012 TO BE PROFITABLE
Helsinki, 2012-06-20 08:00 CEST (GLOBE NEWSWIRE) -- TECTIA ESTIMATES FULL YEAR
2012 REVENUE TO INCREASE SIGNIFICANTLY FROM YEAR 2011 AND FULL YEAR 2012 TO BE
Tectia estimates its revenue in 2012 to increase significantly from 2011 due
mainly to solid maintenance and Tectia SSH Client and Server business, and
expected sales of new products, especially Universal SSH Key Manager. General
economic uncertainty continues as the biggest risk factor.
Tectia estimates full year 2012 to be profitable. Risks to the estimate include
delays in product development, sales ramp-up, and deliveries, as well as
general economic uncertainty.
As announced earlier, Tectia will publish the interim report for second quarter
2012 on August 1st, 2012.
Helsinki, June 20th, 2012
For further information, please contact:
Tatu Ylönen, CEO. tel. +358 20 500 7000
Jyrki Lalla, CFO, tel. +358 45 340 4641
NASDAQ OMX Helsinki Ltd.