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Democrasoft Presents at Private Conference
SANTA ROSA, CA--(Marketwire - Jun 17, 2011) - At a private conference late Friday attended by sophisticated participants in the technology space, Democrasoft, Inc. (PINKSHEETS: DEMO) presented its current business plan, which included a statement of the Company's internal expectations regarding the financial performance the Company believes might be attained in 2014. This Company's business plan was provided to assist attendees in understanding how the Company believes its business model could produce profits in the future. Noting that the Company presently has no meaningful revenues or significant customer base and that its products are constantly being refined and are subject to a great many contingencies, the Company also noted that it believes, if a great many things go right and go according to the Company's plans and assumptions, the Company could achieve revenues of up to $100 million and pretax net income of up to $89 million in 2014. Some basic information regarding the Company's business plan and models are set forth in the 2010 Annual Report on the Company's website: http://Democrasoft.com. There can be no assurance that the projections will indeed be realized.
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