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Active Control Technology Inc ATIVF



GREY:ATIVF - Post by User

Post by Mekeon Nov 01, 2006 8:31am
103 Views
Post# 11592574

ACT.V posts record quarterly sales

ACT.V posts record quarterly salesActive Control Technology posts record quarterly sales TORONTO, Nov. 1, 2006 (Canada NewsWire via COMTEX News Network) -- TSX-V: ACT Active Control Technology Inc. (TSX-V: ACT) achieved record first quarter sales of more than $318,000 for the three months ended Oct. 31, 2006 as shipments of CLiK64(TM), the company's line of wireless radio frequency access control products, continue to grow. The figure represents a significant increase compared to first quarter ended Oct. 31, 2005 sales of $54,719. "ACT's growing revenues reflect the ramp-up of our CLiK64 platform and progress on the execution of our overall business plan," said company President and CEO Steve Barrett. "We anticipate continued positive sales momentum from the CLiK64 platform." About Active Control Technology Active Control Technology Inc. designs and markets wireless devices for the commercial security/access control industry. The company's CLiK64(TM) wireless products provide secure access to buildings, parking lots, gated communities and other spaces. ActiveMine(TM) is ACT's new fully-integrated, 100% wireless communications and locating technology for underground mines. Located in Burlington, Ontario, Canada, the company trades publicly on the TSX Venture Exchange under the symbol ACT. << We make wireless work.(TM) >> The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. %SEDAR: 00007946E SOURCE: Active Control Technology Inc. Steve Barrett, President & C.E.O., Active Control Technology Inc., Tel.: (905)670-5500 ext. 202, Fax: (905) 592-9691, Email: sbarrett@activecontrol.com, Website:www.activecontrol.com; Don Hogarth, Hogarth Communications Inc., Tel.: (416)565-8920, Email: dhogarth@sympatico.ca
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