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Advant E Corp (ADVC) SEC Filing 10-Q Quarterly report for the period ending Sunday, September 30, 2012

Advant E Corp

CIK: 925043 Ticker: ADVC

Exhibit 99.1

 

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Thursday, November 8, 2012

Advant-e Corporation Announces Third Quarter 2012 Results

Quarterly Revenue Increased by 5% and Net Income Increased by 22%Compared to the Third Quarter of 2011

DAYTON, Ohio, November 8, 2012 — Advant-e Corporation (OTCQB: ADVC) today announced financial and operating results for the third quarter of 2012. The Company provides Internet-based Electronic Data Interchange services through Edict Systems and sells electronic document management software and services through Merkur Group.

Revenue in the third quarter of 2012 of $2,576,729 increased by 5% over revenue of $2,447,674 in the third quarter of 2011. Revenue from Edict Systems increased by 7% and revenue from Merkur Group decreased by 3% compared to the third quarter in 2011.

Net income in the third quarter of 2012 increased by 22% and was $556,737, or $.008 per share, compared to net income of $455,542, or $.007 per share, in the same period in 2011.

About Advant-e Corporation

Advant-e, via its wholly owned subsidiaries Edict Systems, Inc. and Merkur Group, Inc. is a provider of internet-based hosted Electronic Data Interchange (EDI) and electronic document management software and services. The Company helps businesses automate manual, paper-intensive processes via expanded use of EDI or by integrating directly with ERP/MRP systems.

Additional information about Advant-e Corporation can be found at www.Advant-e.com, www.EdictSystems.com, and www.MerkurGroup.com, or by contacting investor relations at (937) 429-4288. The company’s email is advant-e@edictsystems.com.


The following information was filed by Advant E Corp (ADVC) on Thursday, November 8, 2012 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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Ticker: ADVC
CIK: 925043
Form Type: 10-Q Quarterly Report
Accession Number: 0001193125-12-463225
Submitted to the SEC: Fri Nov 09 2012 3:58:48 PM EST
Accepted by the SEC: Fri Nov 09 2012
Period: Sunday, September 30, 2012
Industry: Prepackaged Software

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