Business Services Industry
New Mexico Software Reassures Shareholders
Business Wire, Oct 8, 2008
ALBUQUERQUE, N.M. -- New Mexico Software, Inc. (OTCBB:NMXC), a leading services provider of next-generation business and medical information, commented today in response to numerous inquiries from its shareholders regarding the current economic downturn. Management confirms a continued strong growth in its business. The company will release favorable financial results for the third quarter 2008 by November 14, 2008.
New Mexico Software CEO Dick Govatski said, "While the current economic environment has become more challenging, New Mexico Software is well positioned, as it is debt-free and does not rely on short-term borrowing for its operating expenses. Our business has steadily improved in both our New Mexico Software (NMS) and our Telerad Services (TRS) divisions. Demand trends will remain fairly strong through the remainder of the year and further in 2009, as the current economic situation does not adversely affect spending on medical services."
About New Mexico Software, Inc.
New Mexico Software, Inc. develops and provides medical IT services and solutions that enable improved and faster communication within the preventative, comprehensive and critical healthcare segments. New Mexico also provides software and hardware that streamlines administrative processes for a more efficient working environment. For more information, visit http://www.nmxc.net or http://www.nmxs.com, or contact Dick Govatski, president and CEO, at 505-255-1999 or ceo@nmxs.com.
An investment profile on New Mexico Software may be found at http://www.hawkassociates.com/profile/nmxc.cfm. For an online investor relations kit, visit http://www.hawkassociates.com or http://www.americanmicrocaps.com. For more investor-related questions, contact Frank Hawkins, Hawk Associates, at 305-451-1888 or New.Mexico.Software@hawkassociates.com. To subscribe to future releases via e-mail alert, visit http://www.hawkassociates.com/about/alert/.> The foregoing press release contains forward-looking statements including statements regarding the company's expectation of its future business. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the company's control. Actual results could differ materially from these forward-looking statements.
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