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|Contacts:||Randy Frapart, CFO|
|US Dataworks, Inc.|
|FOR IMMEDIATE RELEASE||281-504-8026|
|Ken Dennard, Managing Partner|
|Dennard Rupp Gray & Lascar, LLC|
US DATAWORKS ANNOUNCES FISCAL 2013 FIRST QUARTER RESULTS
SUGAR LAND, TX – AUGUST 14, 2012 – US Dataworks, Inc. (OTC Bulletin Board: UDWK), a leader in payment processing solutions, today announced its financial results for its fiscal 2013 first quarter ended June 30, 2012.
Revenue for the first quarter of fiscal 2013 was $1.2 million compared to revenue of $1.6 million for the first quarter of fiscal 2012. Net loss for the first quarter of fiscal 2013 was $535,000, or $0.02 loss per share, compared to a net loss of $272,000, or $0.01 loss per share, for the first quarter of fiscal 2012.
Conference Call Information
US Dataworks’ management has scheduled a conference call to review its fiscal 2013 first quarter results on Tuesday, August 14, 2012 at 11:00 a.m. Eastern time, 10:00 a.m. Central time. To listen to the call, dial (480) 629-9722 at least 10 minutes before the call begins and ask for US Dataworks’ conference call. A replay of the call will be available approximately two hours after the live broadcast ends and will be accessible until August 21, 2012. To access the replay, dial (303) 590-3030 using a pass code of 4559358#.
Investors, analysts and the general public will also have the opportunity to listen to the conference call over the Internet by visiting www.usdataworks.com. To listen to the live call on the web, please visit the Company’s web site at least fifteen minutes before the call begins to register, download and install any necessary audio software. For those who cannot listen to the live webcast, an archive will be available shortly after the call.
Additional information about Clearingworks as well as US Dataworks can be found on the company’s website at www.clearingworks.com.
The following information was filed by Us Dataworks Inc (UDWK) on Tuesday, August 14, 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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