SurePure Announces Results for the First Quarter of 2015 and Filing of Its Quarterly Report on Form 10-Q
NEW YORK, April 27, 2015 /PRNewswire/ -- SurePure, Inc. (OTCQB: SURP), a global leader in liquid photopurification, announced today that the Company filed its Quarterly Report on Form 10-Q for the three months ended March 31, 2015, on April 24, 2015, with the U.S. Securities and Exchange Commission.
Reflecting the increase in its commercial activity, as more fully described in the Business Update released on February 12, 2015, and continuing the trend of increased revenues compared to the comparative prior period as reported in the Company's Annual Report for 2014 on Form 10-K, SurePure reported revenues of approximately $98,000 for the three months ended March 31, 2015, representing a 277% increase, compared to approximately $26,000 of revenues for the three months ended March 31, 2014.
Guy Kebble, CEO of SurePure, stated, "We are pleased to report the increase in revenue. As highlighted in our Business Update, during the first quarter of 2015, SurePure secured additional orders with a face value of $950,000. We are currently fulfilling these orders together with orders secured in the latter half of calendar 2014. We also note that our quarter revenues largely came from U.S.-based customers. SurePure has filed its Quarterly Report with the Securities and Exchange Commission to comply with the requirements of both the SEC and the OTCQB. We look forward to keeping all stakeholders apprised of the Company's business strategy and results."
For a complete understanding of the Company's financial results and financial position, investors are referred to its most recent Quarterly Report on SEC Form 10-Q for the quarter ending March 31, 2015. The Company's SEC reports can be found on the Company's website.
About SurePure:
SurePure is a global leader in liquid photopurification, the green alternative to pasteurisation and chemicals. Using its patented 'Turbulator' technology, SurePure systems use UV-C light to purify microbiologically sensitive liquids such as wine, fruit juice and milk. Although designed to deliver food-grade solutions, it can also be harnessed to improve processing liquids such as water, brines and sugar syrup solutions, even animal blood plasma. SurePure's technology offers greater microbiological efficacy than conventional UV systems and is effective for both clear and turbid liquids, a world first. SurePure offers a greener alternative to comparable heat or chemical-based processes and significant process and energy savings. It also provides opportunities for the development of innovative and differentiated products with desired consumer benefits, guaranteed food safety and sound commercial benefits. Go to www.surepureinc.com for more information.
SOURCE SurePure, Inc.
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