FutureIT Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net loss of $818,682 or $0.01 per basic and diluted share on revenue of $160,698 against net loss of $937,213 or $0.01 per basic and diluted share on revenue of $140,483 for the same period a year ago. Net operating loss before financial expenses of $153,379 compared to $341,443 for the same period a year ago. Loss before taxes of $274,344 compared to $292,598 for the same period a year ago. The decrease in operational loss was not reflected due to the increase in financial expenses of $169,810. For the nine months, the company reported net loss of $277,432 or $0.03 per basic and diluted share on revenue of $442,981 against net loss of $292,598 or $0.04 per basic and diluted share on revenue of $493,554 for the same period a year ago. Net operating loss before financial expenses of $595,359 compared to $883,267 for the same period a year ago. Loss before taxes of $812,176 compared to $935,952 for the same period a year ago. The company has decreased negative operational cash flow by $387,426 from $724,003 in the nine months ended September 2008 to $336,577 in the nine months ended September 2009, an influx of cash is still required.

FutureIT Inc. announced its expanded market penetration in Central America, beginning in Guatemala with a planned regional expansion throughout Central America including Costa Rica, El Salvador and Honduras. FutureIT's flagship product, EZManage SQL Pro, provides a centralized all-in-one software solution for multiple SQL Servers, handling optimization, maintenance, monitoring, encrypted backup, restore and DRP tasks. FutureIT's products dramatically reduce the risk of loss of critical data in SQL Server databases by automating database maintenance and allowing for better system performance and fewer system crashes.

FutureIT Inc. announced new management appointment. Osher Houshmand joined the company as CFO, bringing extensive experience to the position. Houshmand previously served as Controller at Xfone 018, and before that as Assistant Comptroller at Makteshim Agan Industries. Ehud Issacs, the company's previous CFO, has left the company to pursue other opportunities.

FutureIT Inc. Announces That its Parent Company, Datasafe Group Ltd., has Notified the Company That it Will Cease to Provide Interim Financing to the Company Pending the Completion of DataSafe's Proposed Financing

FutureIT Inc. Announces That its Parent Company, Datasafe Group Ltd., has Notified the Company That it Will Cease to Provide Interim Financing to the Company Pending the Completion of DataSafe's Proposed Financing

FUTUREIT, INC. Files SEC form 10-Q, Quarterly Report

FutureIT Announces Management Change

FUTUREIT, INC. Files SEC form 8-K, Change in Directors or Principal Officers

FUTUREIT, INC. Files SEC form 10-Q, Quarterly Report