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Velocity Data completes $350,000 project for Mantech

2014-12-17 09:24 ET - News Release

Mr. Adam Radly reports

VELOCITY COMPLETES $350,000 OF PROJECTS FOR MANTECH

Velocity Data Inc. has completed a $350,000 project for Mantech International. This transaction has been completed and not subject to any further supply of products or services.

Velocity chief executive officer Adam Radly said: "This is a busy time of year for us. Our team has a done a great job of meeting many deadlines for many projects for many customers." Mr. Radly also said, "We will continue to provide updates regarding the commencement and completion of other major projects as they occur."

The company recently released its financial statements for the three-month period ended July 31, 2014. Revenue for the three-month period ended July 31, 2014, was $11.2-million, representing an increase of 24 per cent over the same period in 2013.

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