Cistera Networks Delivers Record Full Year Profit

Online, April 28, 2011 (Newswire.com) - Cistera Networks(R) (PINKSHEETS: CNWT), a leading provider of enterprise application platforms and engines for unified communications, announces reported record results for Full Year ended March 31, 2011 (all figures in U.S. dollars and U.S. GAAP except EBITDA).

Net operating income for the full year was $0.417 million, compared with $0.038 million loss for the same quarter last year. Net income for the full year was $1.634 million or $0.08 per share inclusive of taxation reserve. Revenue for the full year was $2.4 million, up 5% from $2.3 million for full year ending March 31, 2010.

Revenue for the fourth quarter of fiscal 2011 was $0.431 million, down 15% from $0.51 million from the same quarter of last year. Net Income for the fourth quarter was $0.051 million up from a $0.29 million loss for the same quarter last year.

"Over the past two years we have remained focused on our strategy of transforming Cistera into a world-class provider of enterprise applications for unified communications," says Cistera CEO Greg Royal. "It has been gratifying to see the hard work and dedication of the entire Cistera team translate into our first full year of profitability and our best earnings ever."

Full Year 2010 Financial Highlights

* Full Year Revenue increased 5% to $2.4 million
* Full Year Net Operating Income was $0.417 million
* Full Year EBITDA was 18% or $0.436 million
* Full Year Net Income was $1.6 million or 8c per share