- Released a new version of our leading product, Jacada Workspace version 6.0, which includes an innovative, new User Interface, Dynamic Views.
- Executed an agreement with a new customer in the healthcare industry for the purchase of Jacada’s Workspace suite of products.
- Fourth quarter revenues were $2.7 million with a net loss of $2.0 million
- Annual revenues were $12.4 million with a net loss of $6.6 million
- Cash and Cash Equivalents at the end of 2011 were $14.1 million compared to $18.5 million at the end of 2010. As result of better expense control and selective, targeted investment in areas such as sales and marketing and research and development, the company has decreased its use of cash in operating activities.
Jacada Reports Fourth Quarter And Annual 2011 Results
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