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Innolog Announces New Subcontract Award To Support U.S. Army *IR Client*

Posted by AGORACOM-JC at 9:42 AM on Thursday, December 20th, 2012

                                           

INHC: OTCQB

Innolog Announces New Subcontract Award

  • Announced that its wholly owned subsidiary, Innovative Logistics Techniques, Inc. received a subcontract award from PD Systems, Inc. to support the U.S. Department of Army
  • Contract is up to two years and will be based out of Chambersburg, PA at the Letterkenny Army Depot.
  • INNOLOG will provide support for labor, management, logistical and technical support services to augment the LEAD civilian and military workforce in recap and reset operations on military armored vehicles and military power generators.

Company Overview

CLIENTS

  • General Dynamics: PM-J-AIT
  • U.S Army
  • U.S Navy
  • U.S Air Force
  • Lockheed Martin
  • SAIC
  • Metters

REAL REVENUES

  • 2012 Revenues (Estimated) $5,200,000
  • 2012 Revenues Year to date $4,069,869
  • 2011 Revenues $4,770,738

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WEBCAST: Innolog (INHC: OTCQB), $5 Million in Revenue; Big US Government Clients *IR CLIENT*

Posted by AGORACOM-JC at 4:56 PM on Tuesday, December 18th, 2012

                                                                        (INHC: OTCQB)

INNOLOG’s Supply Chain Logistics is a fully integrated life cycle solution: an end-to-end process to manage, control, and accelerate material and information across disparate functional and geographic boundaries to reduce supply chain costs and time of product and information flow from origin to consumption.

CLIENTS

  • General Dynamics: PM-J-AIT
  • U.S Army
  • U.S Navy
  • U.S Air Force
  • Lockheed Martin
  • SAIC
  • Metters

REAL REVENUES

  • 2012 Revenues (Estimated) $5,200,000
  • 2012 Revenues Year to date $4,069,869
  • 2011 Revenues $4,770,738

FEATURE WEBCAST

THE MARKET OPPORTUNITY

As a company with multiple service line offerings, INNOLOG operates in multiple markets. The broad primary target market is the federal government, with specific focus on the various federal agencies in need of INNOLOG services. While the overall Department of Defense budget is expected to remain flat at $1.4 trillion, we expect the market for the specialized services & expertise offered by INNOLOG to grow substantially over the next five years.
STOCK OWNERSHIP

  • Insiders: 37M Shares (72%)
  • Public Float: 15M Shares (28%)

12 Month Stock Chart


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Innolog Announces Q3 Financial and Operating Results – Q3 Revenues Increased 36.5% to $1,555,467

Posted by AGORACOM-JC at 10:45 AM on Thursday, November 15th, 2012

Innolog Announces Q3 Financial and Operating Results – Q3 revenues increased 36.5% to $1,555,467

                                                     (INHC: OTCQB)

Highlights:

  • Q3 revenues ended September 30, 2012 increased 36.5% to $1,555,467 as compared to $1,139,166 for the same period last year
  • Revenues for the nine months ended September 30, 2012 increased 9% to $4,069,869 as compared to $3,731,666 for the same period last year.

Click here to view Press Release

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………………………………….

FAIRFAX, Va., Nov. 15, 2012 — Innolog Holdings Corp. (OTCBB: INHC) today announced its third quarter and nine months results for the period ending September 30, 2012.

Revenues for the quarter ended September 30, 2012 increased 36.5% to $1,555,467 as compared to $1,139,166 for the same period last year. Revenues for the nine months ended September 30, 2012 increased 9% to $4,069,869 as compared to $3,731,666 for the same period last year.

In addition, the Company has shown a corresponding decline in its loss from operations. The loss from operations has declined from $540,610 for the three months ended March 31, 2012 to $418,207 as of June 30, 2012, and down to $306,296 as of September 30, 2012. This is a decline of 43% from the three months ending March 31, 2012 to the three months ending September 30, 2012.

William P. Danielczyk, INNOLOG’s Executive Chairman, stated, “We are pleased to show the continued improvements and growth in our business while we are reducing the operating loss each quarter. We are making progress in developing new markets, while still growing our main business. We remain steadfast on bidding and being awarded government contracts that provide us with positive cash flow and profitability on a project-by-project basis. As we enter the final quarter of this year and look forward to 2013, we remain optimistic about the future and progress of the Company.”

About Us

Innolog Holdings Corporation was formed in March 2009 as a holding company for the purpose of acquiring businesses that provide services primarily to federal government entities. Our primary subsidiary, Innovative Logistics Techniques, Inc. (www.innolog.com), was founded in 1989 to help the Department of Defense address complex logistics business problems. The company is a federal government contractor that brings world-class solutions and leading edge process oriented thinking to the U.S. military, civilian agencies and state and local governments to provide solutions to complex logistics problems.

Additional information is available at www.innologholdings.com.

Statements in this press release that are not statements of historical or current fact, such as the expectation of future revenue growth and profitability, constitute “forward-looking statements”. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause INNOLOG’s actual results to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Factors that could cause INNOLOG’s results to be materially different from the forward-looking statements include whether INNOLOG will be able to find financing when and as it needs it and whether INNOLOG’s revenues will eventually exceed its expenses. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in INNOLOG’s reports filed with the Securities and Exchange Commission, which are available for review at http://www.sec.gov/.

Contact:
Investor Relations
Andrew Barwicki
516-662-9461 / andrew@barwicki.com

AGORACOM Welcomes Innolog Holdings (INHC: OTCQB); $5 Million in Revenue; Big US Government Clients

Posted by AGORACOM-JC at 9:25 AM on Wednesday, November 7th, 2012

AGORACOM is proud to announce Innolog Holdings Corp (INHC: OTCQB) as our newest client.

Innolog Holdings Corporation provides supply chain logistics and information technology solutions to clients in the public and private sectors. Clients include, General Dynamics: PM-J-AIT, U.S Army, U.S Navy, U.S Air Force and Lockheed Martin.

REAL REVENUES

  • 2012 Revenues (Estimated) $5,200,000
  • 2012 Revenues Year to date $2,514,402
  • 2011 Revenues $4,770,738

TRENDS WITHIN THE NATIONAL SECURITY COMMUNITY

  • Increased Spending on Defense and Intelligence to Combat Terrorist Threats
  • Increased Spending on Cyber Security
  • Continuing Focus on Information Sharing, Data Interoperability and Collaboration
  • Reliance on Technology Service Providers
  • Inherent Weaknesses of Federal Personnel Systems

Federal government spending on information technology increased from approximately $76 billion in federal fiscal year 2009 to $84 billion in federal fiscal year 2011 and is projected to increase to $91 billion in federal fiscal year 2016.

INNOLOG’s Supply Chain Logistics is a fully integrated life cycle solution: an end-to-end process to manage, control, and accelerate material and information across disparate functional and geographic boundaries to reduce supply chain costs and time of product and information flow from origin to consumption.

CORE CAPABILITIES

  • Integrated Logistics Systems
  • Asset Tracking and Management
  • Acquisition Management
  • Performance Based Logistics
  • Professional Engineering
  • Healthcare Solutions

We combine the right processes, IT solutions and intellectual capital to take independent variables and bring them together to create the best outcome for our customers. Further, we provide a proven methodology and embedded metrics to simplify the way you obtain mission critical information.

SIGNIFICANT EXPERIENCE

  • OperationSafe Commerce
  • Stock Funding of Depot Level Repairables
  • Strategic Airport Rollout Security (SARS) Program
  • Office of Deputy Chief of Staff, Logistics (G-4) – IT and knowledge Management
  • Naval Sea Systems Cmd/ Naval Research Lab – Electronic Warefare
  • Pentagon Renovation Warehousing

THE MARKET OPPORTUNITY

As a company with multiple service line offerings, INNOLOG operates in multiple markets. The broad primary target market is the federal government, with specific focus on the various federal agencies in need of INNOLOG services. While the overall Department of Defense budget is expected to remain flat at $1.4 trillion, we expect the market for the specialized services & expertise offered by INNOLOG to grow substantially over the next five years.
STOCK OWNERSHIP

  • Insiders: 37M Shares (72%)
  • Public Float: 15M Shares (28%)

12 Month Stock Chart

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