IAI announced that the modernization of the Fiscal Transfer Agent of the US Small Business Administration (“SBA”) 7(a) Loan Program and Secondary Market project on which IAI has been a critical team member for over a year has begun operating.
IAI announced today that it has sold 1,400,000 Units at a price of $2.00 per unit in a private placement financing.
IAI announced the appointment of Jamie Benoit as its Chairman of the Board and Chief Executive Officer effective August 26, 2021.
IAI reported positive results for the second quarter and six months ended June 30, 2021, which were highlighted by a significant expansion in professional fee revenues, bottom-line profitability, and the successful closing of the acquisition of Tellenger.
IAI recently published an investor presentation which can be accessed on the company’s website
IAI reported its results for the first quarter ended March 31, 2021. For the first quarter ended March 31, 2021, revenues were $3,419,580, an increase of 65.9%, over prior period revenues of $2,061,756. Net income was $270,815 in the first quarter of 2021 versus a net loss of ($126,339) for the comparable period in 2020, an improvement of $397,154.
IAI today announced the addition of Donald J. Tringali to the Company’s Board of Directors, effective May 6, 2021. Mr. Tringali is the founder and Chief Executive Officer of Augusta Advisory Group, a boutique financial and business consulting firm providing a full range of executive, operations and corporate advisory services to companies.
IAI recently announced the availability of a letter to its shareholders from Stan Reese, the Company’s President and CEO. The letter is posted in the investor relations section of the Company’s website.
IAI recently announced it has acquired Tellenger, Inc., a provider of cybersecurity, cloud, and data analytics services, to support companies in protecting their cyber systems and infrastructure.
IAI appoints two new members of the Board of Directors – Mr. Jack Johnson and Stan Reese.