LAGUNA HILLS, Calif., Aug. 16, 2004 (PRIMEZONE) -- Superclick, Inc. (OTCBB:SPCK) today provided a revised outlook of our previous revenue forecast for the current fiscal year. "In June we reported expectations of revenue for fiscal 2004 to come in the range of $1.75 million to $2.0 million, which would represent substantial growth over the $630 thousand that our operating subsidiary Superclick Networks had achieved last year. However, due to increasing market adoption amongst leading hotel brands of our SIMS(tm) platform and their validation of our product as truly "best in class," we are exceeding our previous expectations and are now revising guidance for the current year upward to a range of $2.25 to 2.5 million," commented the company's Chairman, Todd M. Pitcher.
The Superclick system, with its 24x7 end-user helpdesk, supports all types of Internet traffic including wired and wireless High Speed Internet Access (HSIA), dial-up modem Low Speed Internet Access (LSIA), and LAN Internet traffic. Superclick's unique features help drive efficient Internet access by capturing all types of Internet traffic. This lowers the initial cost of integrated access systems and also optimizes operating expenses and end-user productivity.
Pitcher added that "In addition, we expect to report top-line revenues in excess of $800,000 for the third quarter, ended July 31, and top-line revenue growth on a quarter-over-quarter basis of more than 140% with improved gross margins. Hoteliers are recognizing our commitment to providing them with reliable Internet access and management solutions, world-class customer support and our value proposition aimed at helping them drive additional revenue through leveraging their Internet service infrastructure."
About Superclick, Inc.
Superclick, Inc. (OTCBB:SPCK), through its wholly owned, Montreal-based subsidiary Superclick Networks, Inc., develops, manufactures, markets and supports the Superclick Internet Management System (SIMS(tm)) in worldwide hospitality, multi-tenant unit (MTU) and university markets. Superclick provides hotels, MTU residences and universities with cost-effective Internet access utilizing high-speed DSL, CAT5 wiring, wireless and dial-up modem technologies. Superclick's proprietary technology converts dial-up analog Internet calls to digital access, improves connection speeds, unclogs local trunks, consolidates Internet traffic, supports flexible billing and provides targeted advertising to end-users. Current clients include MTU residences and Crowne Plaza(r), Four Points by Sheraton(r), InterContinental Hotels Group PLC, Hilton(r), Holiday Inn(r), Holiday Inn Express(r), Hampton Inn(r), Marriott(r), Novotel(r), Radisson(r), Sheraton(r), Westin(r) and Wyndham(r) hotels in Canada and the United States.
Safe Harbor Statement
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements with the terms "believes," "belief," "expects," "intends," "anticipates," "will" or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.