NamSys Reports Results of Operations for Fiscal 2020
Summary
TORONTO--(BUSINESS WIRE)--NamSys Inc. (CTZ – TSX-V) today reports the results of operations for the fiscal year, ended October 31st, 2020. The Audited Financial Statements and Management’s Discussion and Analysis for fiscal 2020 are available on the Company’s profile on SEDAR at www.sedar.com. K. Barry Sparks, the Chief Executive of NamSys stated; “Fiscal 2020 was a reasonable year for the Company, with gross revenue increasing by 15% over that achieved in 2019. This along with new applications which we plan to introduce in the coming months, augurs well for the future.” NamSys Inc. products are designed to bring efficiency to the processing of currency and other value instruments in financial institutions, retailers, public transportation operations and the gaming industry. Actual events could differ from those projected herein and depend on a number of factors including the success of the Corporation’s sales strategies.