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2009 Press Releases

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11/16/09Avatech Solutions Reports Profitable First Fiscal Quarter Results
Company Maintains Strong Balance Sheet; Reports $445,000 Adjusted EBITDABALTIMORE, Nov 16, 2009 (BUSINESS WIRE) -- Avatech Solutions, Inc. (OTCBB: AVSO), the nationwide technology experts for design, engineering, and facilities management, announced financial results for its first fiscal quarter ended September 30, 2009. The Company reported total revenues of $7.8 million for its fiscal 2010 first quarter, compared to $10.8 million in the prior-year quarter. Because of the expense reduction st... 
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11/03/09Avatech Solutions to Report Fiscal 2010 First Quarter Results on Monday, November 16, 2009
Management will host a conference call at 11:00 am ETBALTIMORE, Nov 03, 2009 (BUSINESS WIRE) -- Avatech Solutions, Inc. (OTCBB: AVSO), the nationwide technology experts for design, engineering and facilities management, announced it will release its financial results for the three months ended September 30, 2009, before the market opens on Monday, November 16, 2009. The Company has scheduled a conference call for 11:00 a.m. Eastern Time on the same day. T... 
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10/15/09Avatech Solutions Appoints New President
BALTIMORE--(BUSINESS WIRE)--Oct. 15, 2009-- Avatech Solutions, Inc. (OTCBB:AVSO), the nationwide technology experts for design, engineering, and facilities management, today announced that Lawrence Rychlak has been promoted to President of Avatech Solutions effective immediately. Mr. Rychlak will retain the position of Chief Financial Officer and George Davis will remain as Chief Executive Officer of the Company. Mr. Rychlak, 53, has b... 
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09/28/09Avatech Solutions Reports Fiscal 2009 Fourth Quarter and Year-end Results
Company limits losses in challenging operating environment; Maintains strong balance sheet BALTIMORE--(BUSINESS WIRE)--Sep. 28, 2009-- Avatech Solutions, Inc. (OTCBB: AVSO), the nationwide technology experts for design, engineering, and facilities management, announced financial results for its fourth quarter and year ended June 30, 2009. For the fiscal year ended June 30, 2009, the Company reported revenues of $35.4 millio... 
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09/16/09Avatech Solutions to Report Fiscal 2009 Fourth Quarter and Year-end Results on Monday, September 28, 2009
Management will host a conference call at 11:00 am ET BALTIMORE--(BUSINESS WIRE)--Sep. 16, 2009-- Avatech Solutions, Inc. (OTCBB: AVSO), the nationwide technology experts for design, engineering and facilities management, announced it will release its financial results for the three months and year ended June 30, 2009, before the market opens on Monday, September 28, 2009. The Company has scheduled a conference call for 11:00 a.m. Eastern T... 
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09/10/09Avatech Solutions Announces New Exclusive Client Service
New Portal Provides Free Benefits to Elite Customer Base BALTIMORE--(BUSINESS WIRE)--Sep. 10, 2009-- Avatech Solutions, Inc. (OTCBB: AVSO), America’s leading professional services company for design and engineering technologies, today announced the introduction of its latest service to its client base—the Avatech Client Portal. Designed as a destination for Avatech’s client base, the Client Portal will provide 24/7 instant acce... 
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05/15/09Avatech Solutions Reports Fiscal 2009 Third Quarter Results
BALTIMORE--(BUSINESS WIRE)--May. 15, 2009-- Avatech Solutions, Inc. (OTCBB: AVSO), the nationwide technology experts for design, engineering, and facilities management, announced financial results for its third fiscal quarter and nine months ended March 31, 2009. “The building and manufacturing markets continue to be adversely affected by the recession, forcing our customers to reduce costs and postpone investments in new softw... 
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05/08/09Avatech Solutions to Report Fiscal 2009 Third Quarter Results on Friday, May 15, 2009
Management Will Host a Conference Call at 11:00 am ET BALTIMORE--(BUSINESS WIRE)--May. 8, 2009-- Avatech Solutions, Inc. (OTCBB:AVSO), the nationwide technology experts for design, engineering and facilities management, announced it will release its financial results for the quarter ended March 31, 2009, before the market opens on Friday, May 15, 2009. The Company has scheduled a conference call for 11:00 a.m. Eastern Time on the same day. T... 
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04/06/09Avatech Wins Autodesk Award in Visualization and Gives American Structurepoint New Competitive Edge
Award-Winning Expertise in Visualization Helps Multi-Discipline Design and Engineering Firm Create More Winning ProposalsBALTIMORE, Apr 06, 2009 (BUSINESS WIRE) -- Avatech Solutions, Inc. (OTCBB: AVSO), America's leading professional services company for design and engineering technologies, has been inducted into the Autodesk Platinum Club 2009, an honor that recognizes top software sales and growth in the Americas. Avatech was recognized for Top Media & Entertain... 
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04/02/09Avatech Solutions Strengthens Operating Program with Enhanced Offerings and Additional Cost Cutting Measures
BALTIMORE--(BUSINESS WIRE)--Apr. 2, 2009-- Avatech Solutions, Inc. (OTCBB: AVSO), America's leading professional services company for design and engineering technologies, today announced that it has implemented a new operating program aimed at streamlining operations and addressing new revenue sources in order to align its business with current market demands. Avatech’s new program is focused on managing its business through the ... 
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02/17/09Avatech Solutions Reports Fiscal 2009 Second Quarter Results
BALTIMORE--(BUSINESS WIRE)--Feb. 17, 2009-- Avatech Solutions, Inc. (OTCBB: AVSO), the nationwide technology experts for design, engineering, and facilities management, announced financial results for its second fiscal quarter ended December 31, 2008. George Davis, President and Chief Executive Officer of Avatech, commented, “Our business continues to be negatively affected by the downturn of the national economy. The design engineeri... 
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02/13/09Avatech Solutions Appoints Aris Melissaratos to Serve on Board of Directors
BALTIMORE--(BUSINESS WIRE)--Feb. 13, 2009-- Avatech Solutions, Inc. (OTCBB: AVSO), America’s leading professional services company for design and engineering technologies, today announced the appointment of Aris Melissaratos to serve as an independent member of the Company’s Board of Directors, effective February 11, 2009. Avatech’s Board of Directors has nine members, eight of which are independent, including Melissaratos. ... 
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02/05/09Avatech Solutions to Report Fiscal 2009 Second Quarter Results on Monday, February 16, 2009
BALTIMORE--(BUSINESS WIRE)-- Avatech Solutions, Inc. (OTCBB:AVSO), the nationwide technology experts for design, engineering and facilities management, announced it will release its financial results for the quarter ended December 31, 2008, before the market opens on Monday, February 16, 2009. The Company has scheduled a conference call for 11:00 a.m. Eastern Time on the same day. The dial-in numbers for the conference call are 888-679-8033... 
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02/05/09Avatech Solutions Announces Rescheduling of Conference Call to Report Fiscal 2009 Second Quarter Results
Conference call to take place at 11:00 am ET on Tuesday, February 17, 2009 BALTIMORE, Feb 05, 2009 (BUSINESS WIRE) -- Avatech Solutions, Inc. (OTCBB: AVSO), the nationwide technology experts for design, engineering and facilities management, announced that the fiscal 2009 second quarter earnings conference call previously scheduled for Monday, February 16, 2009, will be held at 11a.m. EST on Tuesday, February 17, 2009. The revision is due to fact that Monday, ... 
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01/27/09Avatech Provides New Innovative Online Training Services
Unique and Affordable Seminar Learning Fills Market Need BALTIMORE, Jan 27, 2009 (BUSINESS WIRE) -- Avatech Solutions, Inc. (OTCBB: AVSO), America's leading professional services company for design and engineering technologies, is offering a new service called Online Seminar Learning. This selection of training seminars is designed specifically to meet the current economic and competitive challenges that face design engineering and architecture firms acro... 
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