DALLAS, Texas 4/3/2009 11:54:21 PM
News / Finance

VillageEDOCS (VEDO) Reports 7% Growth in 2008; Operating Expenses Fell 9%, Article Posted on BeaconEquity.com

BeaconEquity.com announces the publication of an article covering the reporting of VillageEDOCS’ revenue for fiscal year 2009, with some highlights of the year.

 

Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m

 

In the article the author writes:

 

VillageEDOCS Inc. (OTCBB: VEDO), an advanced electronic document/content management, automated data capture and business process workflow solutions company, reported revenue of $15,176,393 for fiscal year 2009, an increase of 7% from last year's revenue.  Operating expenses for the Santa Ana, Calif.-based company fell 9%, compared with last year's expenses.”

 

Some VillageEDOCS highlights of the year are as follows:

 

“The company acquired Quesys Solutions, which added new product lines and SaaS solutions to the company's suite of products. … Cash generated from the acquisition of Questys Solutions retired $539,000 in accrued expenses and notes payable. … Net revenue reached a record level of $15,176,393, a more than 7% increase from last year's reported revenue.”

 

To read the entire article visit http://www.beaconequity.com/m

 

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Source: BeaconEquity.com

 

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