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Bakbone Software Inc (735993) SEC Filing 10-Q Quarterly report for the period ending Wednesday, September 30, 2009

Bakbone Software Inc

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CIK: 735993

Exhibit 99.1

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Investor Contact:   Corporate Contact:   Media Contact:
Doug Sherk / Jenifer Kirtland   Steve Martin   Amber Winans
415-896-6820   858-795-7525   858-795-7584
jkirtland@evcgroup.com   IR@bakbone.com   amber.winans@bakbone.com

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BakBone Software Generates 12% Revenue Growth and Reports

Continued Profitability in the Second Quarter of Fiscal 2010

SAN DIEGO, Calif. — November 10, 2009 — BakBone Software, Incorporated (OTCBB: BKBO), a leading provider of Universal Data Management solutions, today announced its financial results for the second quarter of fiscal 2010 ended September 30, 2009.

Second Quarter Fiscal 2010 financial and operational highlights include:

 

•       GAAP Revenues

    $15.2 million

•       Operating Income

    $0.9 million

•       Net Income

    $1.1 million

•       Net Income per Share

    $0.01

•       Total Bookings

    $13.6 million

“We continued to generate solid revenue growth and improved profitability,” said Jim Johnson, president and CEO, BakBone. “Our GAAP results were driven by continued strong sales performance in Asia and Europe and new revenue contributions from ColdSpark as well as operational cost efficiencies in the second quarter of this fiscal year.”

“The bookings related to our acquisitions are growing. In mid-June, we launched the NetVault: FASTRecover™ solutions, our new disk-based, real-time data protection products for Microsoft Exchange, SQL Server and Windows file systems based on Asempra’s technology. We have received good customer interest in the new products and expect them to be meaningful contributors to future financial results.”

The following information was filed by Bakbone Software Inc on Tuesday, November 10, 2009 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Definitive Proxy Statement (Form DEF 14A)
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Bakbone Software Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2009 10-K Annual Report includes:

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  • Executive Team
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SEC Filing Tools
CIK: 735993
Form Type: 10-Q Quarterly Report
Accession Number: 0001193125-09-230783
Submitted to the SEC: Tue Nov 10 2009 4:46:15 PM EST
Accepted by the SEC: Tue Nov 10 2009
Period: Wednesday, September 30, 2009
Industry: Prepackaged Software

External Resources:
SEC.gov

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