SMTP Reports Q3 2012 Financial Results

Thu Nov 1, 2012 8:05am EDT

* Reuters is not responsible for the content in this press release.

  CAMBRIDGE, MA, Nov 01 (Marketwire) -- 
SMTP, Inc. (OTCBB: SMTP), a global email marketing and delivery provider,
today announced financial results for the third quarter ended September
30, 2012.

    "Our services provide small businesses to large Fortune 500 companies,
with the ability to increase the deliverability of email with less time,
cost and complexity than if they were to handle it themselves," stated
Semyon Dukach, Chairman of SMTP, Inc. "In our third quarter, we increased
our investment into sales, marketing and technology development and plan
additional investment in our fourth quarter of 2012 to achieve continued
long-term success." 

    Revenue for the third quarter of 2012 increased to approximately $1.36
million, up about 20% from approximately $1.13 million in the third
quarter of 2011. Gross profit increased to approximately $1.06 million,
up about 13.5% from approximately $0.93 million in the third quarter of
2011.

    Operating expenses increased to $0.53 million, up about 49.6% from
approximately $0.36 million in the third quarter of 2011. We spent more
on online advertising, marketing and website support to fuel future
growth. We also increased the number of sales and marketing employees and
subcontractors.

    SMTP reported a pre-tax income of approximately $0.314 million, down
about 8.8% from approximately $0.344 million in the third quarter of
2011. The net-income was $0.02 per share.

    As of September 30, 2012, the company had 14,707,250 shares outstanding.

    ABOUT SMTP, Inc. (OTCBB: SMTP)
 SMTP is a leading provider of cloud-based
services to facilitate email deliverability, including bulk and
transactional sending, reputation management, compliance auditing, abuse
processing and issue resolution. Our services provide customers with the
ability to increase the deliverability of email with less time, cost and
complexity than handling it themselves. SMTP, Inc. is based in Cambridge,
Massachusetts and on the web at http://www.smtp.com.

    Safe Harbor Statement
 The information posted in this release may contain
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. You can identify these statements by use
of the words "may," "will," "should," "plans," "explores," "expects,"
"anticipates," "continues," "estimates," "projects," "intends," and
similar expressions. Forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially from
those projected or anticipated. These risks and uncertainties include,
but are not limited to, general economic and business conditions, effects
of continued geopolitical unrest and regional conflicts, competition,
changes in technology and methods of marketing, delays in completing new
customer offerings, changes in customer order patterns, changes in
customer offering mix, continued success in technological advances and
delivering technological innovations, delays due to issues with
outsourced service providers, and various other factors beyond the
Company's control.

    For Further Information Contact SMTP, Inc.

    

CONTACT
Mostafa Razzak
JMR Worldwide
212.786.6036
m.razzak@jmrworldwide.com 

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