Systems Evolution, Inc. Announces Contract from Microsoft Tuesday April 25, 6:48 am ET Providing Consulting Services to Large Oil and Gas Services Company
HOUSTON--(BUSINESS WIRE)--April 25, 2006--Systems Evolution, Inc. (OTCBB:SEVI - News), a leading integrator of Microsoft tools and provider of business consulting services, announced today that it has been awarded a consulting services contract, by Microsoft Corporation, to assist a large international Oil and Gas Services Company with the implementation of an Enterprise Project Management System using Microsoft's Project Management software and SEVI's processes. ADVERTISEMENT
Robert Rhodes, CEO, said, "SEVI is very pleased to win Microsoft's confidence with this assignment and we look forward to more work in this industry in the future."
SEVI also wishes to clarify comments made on its recent conference call that there is no immediate plan for a reverse stock split of its common stock.
About Systems Evolution, Inc.
Systems Evolution Inc. ("SEVI"), http://www.systemsevolution.com, is a publicly held professional services organization founded in 1993 that provides software development solutions, Enterprise Project Management consulting, and managed network support through its Consulting division and permanent placement through its Next Hire Consultants division. Its Consulting Division is a Microsoft Gold Certified Partner.
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*********.com 4-15-06 For the six months ended 30 November 2005, Systems Evolution, Inc.'s revenues totaled $2.4M, up from $1.1M. Net loss decreased 10% to $3.1M. Revenues reflect increased sales in the B&T division along with increased placement fees generated in the NHC division. Lower loss reflects decreased general, administrative and selling expenses due to retaining a small administrative management team and little ongoing professional services
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