LAMBDA TD Software Shows Best First Quarter Results in Company's History
Appointing new auditor & exceeding Q1 Salesand Net Income of previous years
LAS VEGAS (NV), May 3, 2013: LAMBDA TD Software, Inc. (LONDON, GXG Main Quote, Symbol: LAMD, ISIN: US51327T2042, WKN: A1JPCA) today announced financial results for the First Quarter of 2013. LAMBDA recorded quarterly Sales of USD $655,414.00, with Gross Profit of USD $633,582.00 and Net Income of USD $529,473.00. These are the best First Quarter results in terms of Sales, Gross Profit and Net Income.
Robert Corcoran, Chief Executive Officer comments "LAMBDA delivered the best first quarter results in our history. We have successfully adjusted our business model to the current market conditions with LAMBDA's continuous streamlining efforts of our operation over the course of the last two years. LAMBDA's first quarter operating expenses this year have been our lowest ever. With U.S. construction coming out of recession, LAMBDA is perfectly positioned to deliver in 2013 our best year-end operating performance, by sticking to our effective operating standards, and further accelerating our sales activities."
LAMBDA TD Software, Inc. today also announced that they have appointed a new auditor. Effective immediately LAMBDA's audit is done by De Joya Griffith CPA, certified public accountants, with offices in Chicago, Las Vegas, and New York.
ABOUT LAMBDA TD Software, Inc.
LAMBDA TD Software, Inc. (www.lambdatdsoftware.com) is a Las Vegas Smart Home Automation company that develops and installs the LFE' FIVE (pronounced "Life 5"), the first cloud-based smart home automation and universal remote control platform operated by LAMBDA's patented LFE' touch panel system. LAMBDA was founded in 2006 and provides smart home technology solutions to both commercial and residential customers. The flagship product, LFE' FIVE (LAMBDA FIVE ENVIRONMENT), is the first open system, open architecture remote control system designed for homes, businesses, schools, hospitals, and municipalities. With LFE' FIVE (LAMBDA FIVE ENVIRONMENT) entire high-rise buildings can become connected and turned Green, an approach that is in many U.S. areas supported with government, carbon offset credits, and Green Tax credits. LAMBDA is publicly traded on GXG Main Quote in London (UK), ISIN: US51327T2042, WKN: A1JPCA / TICKER: LAMB. CONTACT: Robert Corcoran at (702) 998-6465 Robert@lambdaTDsoftware.com.
LAMBDA TD Software
