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SAN DIEGO, March 12, 2019 (NewMediaWire) -- RF Industries, Ltd, (NASDAQ: RFIL), a national manufacturer and marketer of interconnect products and systems, today announced its financial results for the first quarter of fiscal 2019 ended January 31, 2019.First Quarter Fiscal 2019 Financial Highlights:Net sales increased 34% year over year to $10.6 millionGross margin was 30%, the sixth straight quarter with gross margin of at least 30%Net income increased 41% year over year to $640,000, or $0.07 per diluted shareBacklog of $10.6 million at January 31, 2019 on first quarter bookings of $10.9 millionDeclared $0.02 per share dividend, the Company’s 35th consecutive quarterly dividendRobert Dawson, President and CEO of RF Industries, commented:“We are pleased to report another strong quarter that includes solid year-over-year growth in both sales and net income. We drove higher sales in both reporting segments over the prior year with the Custom Cabling segment growing 38% and the RF Connector segment growing 24% in what is seasonally our most difficult quarter. These increases are directly related to the channel strategies that we implemented over the past year as part of the strategic transformation of our business. We continue to focus on building on our strong customer relationships and leveraging our channel partnerships to expand our market presence. We are beginning to see increased business from our distribution channels and we continue to prove that even with some general market uncertainty we are able to be profitable at varying levels of revenue. The recent announcement of the pending C Enterprises acquisition reflects our commitment to grow both organically and through strategic acquisitions of companies that give us access to new capabilities, product sets, customers, and market segments.”First Quarter Fiscal 2019 ResultsNet sales in the first quarter of fiscal 2019 were $10.6 million, an increase of 34%, or $2.7 million, compared to $8.0 million in the first quarter of fiscal 2018. The increase in sales was primarily driven by increased sales at the Company’s Custom Cabling Manufacturing segment. The increase in net sales at this segment is primarily attributable to project work in the OEM and wireless carrier markets in addition to an increase in traditional run rate business.Gross profit for the first quarter was $3.1 million, an increase of $682,000 compared to $2.5 million in the first quarter last year. Gross margins were 30%, the sixth straight quarter with gross margins of at least 30%.Selling and general expenses were $2.0 million compared to $1.8 million in the first quarter last year, reflecting higher compensation paid as a result of the sales gains at the Custom Cabling segment. Despite this increase in expenses, selling and general expenses as a percentage of sales declined to 19% of sales, compared to 22% of sales in the first quarter last year.Net income for the first quarter increased 41% to $640,000, or $0.07 per diluted share, compared to net income of $454,000, or $0.05 per diluted share, in the first quarter last year.Balance Sheet Data; DividendsAt January 31, 2019, the Company reported working capital of $24.8 million, including cash and cash equivalents of $14.0 million, a current ratio of 7.5-to-1 and no outstanding debt.At its March 8, 2019 meeting, the Company’s Board of Directors declared a quarterly cash dividend of $0.02 per common share, payable on April 15, 2019 to stockholders of record on March 31, 2019.Cash dividends are made at the discretion of the Board of Directors, subject to applicable laws, and depend on a number of factors, including the Company's financial condition, results of operations, capital requirements, plans for future acquisitions, contractual restrictions, general business conditions and other factors considered relevant by our Board of Directors.Conference Call and WebcastRF Industries will host a conference call and live webcast today at 1:30 p.m. Pacific Daylight Time (4:30 p.m. EDT) to discuss its first quarter 2019 financial results. To access the ...

Fountain Valley, CA, March 12, 2019 (NewMediaWire) -- Triad Pro Innovators, Inc. (OTC Pink; TPII): Global consumption of golf carts is anticipated to exceed 225,000 units in 2023, in a multi-billion dollar industry, valued at U.S. $2,300,000,000, of which 41% will be in the North American market. Triad Pro projects attaining approximately $70,000,000 worldwide sales of traditional golf and people mover vehicles, by the end of its third production year. This dynamic growth is due to the advantages of utilizing solar power.Because of lower maintenance and operating costs the solar powered golf cart segment of the global golf cart market is anticipated to grow at a faster rate than other electric and internal combustion models. In addition to the demand provided by golf courses, urbanization and industrialization in other countries is expected to drive the demand for local transportation to carry people and goods.Triad Pro announces that its eCell energy storage technology combined with Triad Pro’s new power supply design, has been successfully installed in a solar powered golf cart. The solar powered golf cart, named SPREE, (Solar Powered Renewable Electric Energy) uses Triad Pro’s proprietary hardware and software solutions. Triad Pro’s SPREE golf cart can be charged using only the sun or using the electric grid or a combination of both.For additional information about Triad Pro Innovators visit the website at: triadproinc.com Forward-looking Statements: This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which contain words such as “expect”, “believe” or “plan”, by their nature address matters that are, to different degrees, uncertain. The information in this release is provided only as of the date of this release, and we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events, except as required by law.Murray Goldenberg 3108902209 m.gol@verizon.net

NEW YORK, NY, March 12, 2019 (NewMediaWire) -- PeerStream, Inc. (“PeerStream,” the “Company,” “we,” “our” or “us”) (OTCQB:PEER), a global internet solutions provider driving adoption of emerging blockchain technologies, will hold a conference call at 4:30 p.m. ET on Tuesday, March 19, 2019 to discuss its year-end 2018 financial results and provide a business update. A news release containing these results as well as an accompanying presentation will be issued before the call.To participate, please call the applicable number listed below approximately 10 minutes prior to the scheduled start of the call. The call will also be webcast and accessible live on the Investor Relations section of the PeerStream website at https://investors.peerstream.com/events-and-presentations.Live Dial-In Numbers: U.S.: 1-888-394-8218International: 1-323-794-2588Webcast: http://public.viavid.com/index.php?id=133638Investors are welcome to submit questions in advance of the call by e-mailing: IR@peerstream.com. A variety of questions will be preselected to be answered.A replay of the webcast will be archived on the Investor Relations section of the PeerStream website beginning shortly after the call. A telephone replay of the call will also be available following the call starting at 12:00 noon Eastern Time until April 2, 2019, and may be accessed via telephone by dialing 1-844-512-2921 for the U.S. (or 1-412-317-6671 outside the United States) and entering pass code: 8735412.About PeerStream, Inc. (OTCQB: PEER)PeerStream is a global internet solutions provider pioneering the real-world adoption of emerging blockchain technologies by developing software, services and applications for corporate clients and consumers. PeerStream supports clients’ transition to blockchain through license of proprietary software such as PSP, a protocol for decentralized multimedia communications and live video streaming currently in development. PeerStream has a 20-year history of technology innovation and holds 26 patents.For more information, please visit: http://www.peerstream.com.To be added to our news distribution list, please visit: https://investors.peerstream.com/alerts.Forward-Looking StatementsThis press release contains "forward-looking statements." Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential," or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties related to our increasing focus on the use of new and novel technologies, such as blockchain, to enhance our applications, and our ability to timely complete development of applications using new technologies; our ability to effectively market and generate revenue from our new business solutions unit; development and acceptance of blockchain technologies and the continuing growth of the blockchain industry; legal and regulatory requirements related to the use of blockchain, us investing in cryptocurrencies and accepting cryptocurrencies as a method of payment for our services, the use of the internet and privacy and protection of user data; risks related to our holdings of XPX tokens, including risks related to the volatility of the trading price of the XPX tokens and our ability to convert XPX tokens into fiat currency; and our ability to manage our partnerships and strategic alliances, including the ability of our partners to satisfy their obligations under these arrangements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the ...