Integral Systems Reports 33% Increase in Revenue

LANHAM, Md., Feb. 10, 2006/Satnews Daily/ — Integral Systems, Inc. (NASDAQ:ISYS) reported on Thursday a 33.5 percent increase in revenues for the quarter totaling $29.3 million, up from $21.9 million in the first quarter of fiscal 2005.

First quarter operating income was $4.6 million compared to $1.9 million for the first quarter last fiscal year, an increase of almost 150 percent, while net income was $3.1 million ($0.28 per diluted share) compared to $1.2 million ($.11 per diluted share) for the first quarter of fiscal 2005, which represents an increase of 159 percent.

Integral Systems said first quarter revenue, operating income, net income and earnings per share were all company historic highs, exceeding prior records by 8 percent, 23 percent, 22 percent and 8 percent, respectively.

Steven R. Chamberlain, chairman and CEO, said the company’s Air Force ground systems business and its RT Logic subsidiary continue to lead the way in both revenue growth and profitability. He added the recent acquisition of Lumistar, Inc. also proved to be immediately accretive.

During the quarter, Integral said it repurchased 18,500 shares of its common stock under its existing stock buyback program. It also announced that its board of directors has declared a cash dividend of $0.05 per share to all stockholders of record as of the close of business on March 2, 2006. The dividend is scheduled to be paid on or about March 29, 2006.

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