Emtec, Inc. Announces FY 2010 Results

Emtec, Inc. (ETEC) announced today that for the year ended August 31, 2010, gross profit increased by 9% when compared to the year ended August 31, 2009. Revenue increased to $224.6 million for fiscal year 2010 from $223.8 million in the fiscal year 2009, an increase of $800,000. Gross profit increased by $2.9 million to $35.8 million for the year ended August 31, 2010 from $32.9 million for the year ended August 31, 2009. EBITDA was $3.4 million for the year ended August 31, 2010 compared with $6.4 million for the year August 31, 2009.