InfoLogix, Inc. Announces Coverage Initiated by Global Hunter Securities with a Buy Rating and $5.00 Target Price
Company:
InfoLogix, Inc. (Nasdaq: IFLG) a leading technology provider of enterprise mobility solutions for the healthcare and commercial industries, announced today that Global Hunter Securities, LLC. analyst Justin Cable has initiated coverage on the Company. The report projects revenues of $100 million and EBITDA of $2.6 million for the 2008 fiscal year. The report also estimates that InfoLogix will reach breakeven in the third quarter of 2008 and profitability in the fourth quarter of 2008.
For a copy of the report or for more information, please contact Justin Cable of Global Hunter Securities at (949) 274 - 8052 or InfoLogix's investor relations. To access the complete report with disclosures directly, [url=http://www.capmarkets.com/viewfile.asp?ID1=0&ID2=0&directory=13887&filename=20 08-03-31_IFLG_Initiation.pdf] go to this website. (due to length of URL, please copy and paste the URL into your browser).[/url]
