Net revenue increases close to 60 percent year-over-year

May 15, 2009

1 Min Read


CLIFTON, N.J., May 14 /PRNewswire-FirstCall/ -- Electronic Control Security, Inc. (OTC Bulletin Board: EKCS) (ECSI), a leading provider of a broad line of electronic security system technologies to the government and private sectors, announced financial results of operations for the nine and three months ended March 31, 2009.

Arthur Barchenko, President and CEO, stated, "We had net revenues of $3,003,136 for the nine months ended March 31, 2009 compared to $1,891,508 for the corresponding nine month period in 2008, representing an increase of approximately 59%. Net revenues for the three months ended March 31, 2009 were $564,946 as compared to $437,133 for the corresponding three month period in 2008. The increase in net revenues during the 2009 periods compared to the 2008 periods is primarily attributable to orders on contracts in-house for the United Nations program and nuclear power station orders received during the

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