Juniper Group Rebuilding Continues; Company Closes in on $1 Million in Quarterly Revenues

BOCA RATON, Fla.--(BUSINESS WIRE)--Juniper Group (JUNP:OB) today reported nearly $1 million in revenue for the first quarter of 2010, as the company continues to see improved results from implementation of a new business model in its wireless infrastructure services subsidiaries. The company reported $991,000 for the quarter ended March 31, an increase of approximately 23% from the previous quarter.

Since mid-2009, Juniper Group’s management has focused on its wireless business. Vlado P. Hreljanovic, President and CEO said, “Our administrative, technical, and sales teams continue to do an exemplary job in expanding our business and generating new business opportunities. Our emphasis on customer satisfaction is key to our financial growth. We will do everything in our power to build on the positive trends which started in late 2009 and which we expect will continue throughout the remainder of 2010.”

Safe Harbor

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," or variations of such words are intended to identify such forward-looking statements. The forward-looking statements contained in this press release include, statements regarding the expected growth trend. All forward-looking statements in this press release are made as of the date of this press release, and Juniper assumes no obligation to update these forward-looking statements other than as required by law. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements and include the risk that our growth will not continue as anticipated and the factors discussed in the Business and Management’s Discussion and Analysis sections in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Copies of these filings are available at http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.sec.gov%2F&esheet=6292396&lan=en_US&anchor=www.sec.gov&index=1&md5=f59c057f42db98d1e1a77352fa5161fc.