DALLAS, May 18, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Double-Take Software Inc. (Nasdaq:DBTK). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/ads/DBTK
Double-Take Software Inc. (DBTK) develops, sells and supports software that allows information technology (IT) organizations of all sizes to move, manage, protect and recover workloads across any distance and any combination of physical and virtual server environments. During the year ended December 31, 2009, in addition to Double-Take Availability, it integrated its software offerings under the Double-Take brand by releasing Double-Take Backup, which includes the TimeData, Livewire and Cargo products, Double-Take Flex, which includes the emBoot products and enables multiple desktops to run from a centralized shared image stored on any Internet small computer systems interface (iSCSI) storage, and Double-Take Move, which includes its migration product. The Company sells its software through multiple channels.
Message Board Search for DBTK: http://www.boardcentral.com/boards/DBTK
In the report, the analyst notes:
"Total revenue for the first quarter of 2010 increased 3.9% to $18.9 million from $18.2 million in the first quarter of 2009. Software revenue increased 6.8% to $8.2 million in the first quarter of 2010 from $7.7 million in the first quarter of 2009. Maintenance and professional services revenue increased 1.8% to $10.6 million in the first quarter of 2010 from $10.4 million in the first quarter of 2009.
"DBTK recently agreed to be acquired by private-equity firm Thoma Bravo LLC, in a transaction worth approximately $242 million. Under the terms of the agreement, DBTK stockholders will receive $10.55 in cash for each share of DBTK common stock they hold, representing a premium of approximately 39% and 21% to DBTK's enterprise value and closing share price of $8.71, respectively, on April 9, 2010, the last business day prior to the Company's announcement that its board was considering indications of interest to acquire the Company."
To read the entire report visit: www.microstockprofit.com/ads/DBTK
See what investors are saying about DBTK at penny stock forum
MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: http://www.microstockprofit.com.
MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.
CONTACT: MicroStockProfit.com Brian Johnson 1-888-307-2850 firstname.lastname@example.org