ITS Networks 10Q Filing Reports Improvements over Previous Year
ITS Networks 10Q Filing Reports Improvements over Previous Year; Cost of Goods Sold Decreased by 32% and Gross Profit up to 34.6%
MADRID, Spain -/24 Feb, 2005 - Wi-Fi Technology News/- ITS Networks Inc (OTCBB: ITST) filed its 10Q for the quarter ending December 31, 2004, reflecting continual operational improvement with emphasis on cost reductions. ITS Networks, Inc., recent 10Q filing for the first fiscal quarter ending December 31, 2004 reporting a slight decrease of 1.5% in total revenues down from US$1,533,000 to US$1,510,000 in the same period 2003.
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