October 08, 2008
New Mexico Software Reassures Shareholders
NMS responds to numerous inquiries from its shareholders regarding the current economic downturn
ALBUQUERQUE, NM, October 08-- New Mexico Software, Inc. (OTC Bulletin Board: NMXC), www.nmxc.net, a leading services provider of next-generation business and medical information, commented today in response to numerous inquiries from its shareholders regarding the current economic downturn. Management confirms a continued strong growth in its business. The company will release favorable financial results for the third quarter 2008 by November 14, 2008.
New Mexico Software CEO Dick Govatski said, “While the current economic environment has become more challenging, New Mexico Software is well positioned, as it is debt-free and does not rely on short-term borrowing for its operating expenses. Our business has steadily improved in both our New Mexico Software (NMS) and our Telerad Services (TRS) divisions. Demand trends will remain fairly strong through the remainder of the year and further in 2009, as the current economic situation does not adversely affect spending on medical services.”
About New Mexico Software
New Mexico Software, Inc. is a leading provider of information management solutions that significantly improve the interface between the paper world and the digital world, facilitating a true paperless environment. For more information, visit www.nmxc.net or www.nmxs.com, or contact Dick Govatski, president and CEO, at (505) 255-1999 or ceo@nmxs.com.
An investment profile on New Mexico Software may be found at www.hawkassociates.com/nmxcprofile.aspx. For an online investor relations kit, visit www.hawkassociates.com or www.americanmicrocaps.com. For more investor-related questions, contact Frank Hawkins, Hawk Associates, at (305) 451-1888 or info@hawkassociates.com. To subscribe to future releases via e-mail alert, visit www.hawkassociates.com/email.aspx.