COLUMBIA, S.C., Aug. 9, 2006 (PRIMEZONE) -- CMARK International, Inc. (Pink Sheets:CMKI), a leading Service-disabled, Veteran-owned Small Business (SDVOSB) provider of service and products to federal government institutions and facilities today announced revenues of $3,818,753 for January 1, 2006 to June 30, 2006, an increase of 50 percent compared to $2,536,141 for the same period in 2005. The company attributes this increase in revenue to a strong development program including the physical presence of six strategically placed regional offices, as well as expansion of its product line in each of those locations.
CMARK has achieved an average annual growth rate of 58 percent since 2002 and achieved profitability in 2005. "This is a very positive first half of 2006 for us and we are confident we will carry this momentum into the second half of the year which is typically our strongest period of revenue," said Eric Bromenshenkel, CFO of CMARK International, Inc. "We are well positioned to properly and aggressively service our customers and at the current pace, CMARK will have another record year in revenues to follow up the $12.6 million level from 2005."
About CMARK International
CMARK International provides a wide array of services and products in the areas of construction, interior systems and hospitality operations to federal government institutions and facilities. As one of the best-established and largest Service-disabled, Veteran-owned Small Businesses (SDVOSB), CMARK has built a strong franchise to meet the federal procurement opportunity represented by the Veterans Benefits Act of 2003 (Public Law 108-183) which requires U.S. government agencies and prime contractors to earmark three percent of all federal procurement dollars to high quality SDVOSB firms. For more information, visit www.cmark.org.
Forward Looking Statements
Statements contained in this press release which are not historical facts are known as forward-looking statements as that item is defined in the Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Act of 1995. These forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from estimated results. The forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.