ICC Worldwide, Inc. (Pink Sheets:ICCW) today announced financial results for the company’s second quarter of fiscal 2008. Revenue for the three-month period was $373,468; an increase of 50% over the prior quarter’s sales of $249,183.
ICC’s President & CEO, Rich Lauer stated, “During the past quarter we made significant changes in the senior management and cost structure of our operations in Italy. While we continue to focus on serving the needs of Italy’s large and rapidly growing immigrant worker community, we have also further refined our business model to more effectively address the communications needs of this underserved market. In the coming quarters, our efforts will remain highly focused on delivering substantial increases in revenue and gross margins.”
For additional details and a more comprehensive review of this information, please visit ICC’s Press Room page at the company’s website: www.iccww.com
About ICC Worldwide:
ICC Worldwide, Inc. (Pink Sheets: ICCW.PK) provides a specialized range of communications services and products to the diverse immigrant worker communities in Italy through a rapidly growing network of wholesale and retail distribution centers. The firm’s principal operating units are therefore located in Italy; while ICC’s U.S. headquarters is in the Southern California community of Corona del Mar.
Forward-Looking Statements:
This press release contains statements, which may constitute "forward-looking statements" within the meaning of various Federal securities laws. Those statements may include remarks regarding the intent, belief or current expectations of ICC Worldwide, Inc., as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The company undertakes no obligation to update or revise forward-looking statements.
For Investor Inquiries:
Please visit the company's website: www.iccww.com, or email: info@iccww.com
Trading Symbol: ICCW.PK
ICC Worldwide is a Trademark of ICC Worldwide, Inc.
All other trademarks and registered trademarks are properties of their respective owners.
Contacts:
Lori Anderson, 949-200-7569
Fax:
949-612-0201
www.iccww.com