Cleartronic, Inc.

CLEARWATER, FL / ACCESSWIRE / August 8, 2024 / Cleartronic, Inc. (OTC PINK:CLRI) ($CLRI) ("Company") is pleased to announce the strategic acquisition of Alastar, a technology platform previously co-owned by Advanced Technology International and the South Carolina Research Authority (SCRA). This acquisition includes Alastar's trademarks, software, platform, clients, and employees. Alastar, established approximately ten years ago, has been a key player in developing, marketing, selling, and implementing an online situational awareness software program designed to enhance public safety and mission effectiveness. The Alastar program is used by clients in South Carolina and across the United States. Marc Moore, CEO of Cleartronic, Inc., stated, "Alastar represents a great opportunity for us to enhance our ReadyOp platform and add valuable talent to our employee group. Our two companies are very similar and offer complementary capabilities to clients. We anticipate a very smooth transition and the integration of the Alastar capabilities into our ReadyOp platform during the coming months. We also have a few clients in common who have expressed their enthusiasm for our companies becoming one and for our platforms to integrate. Adding these new capabilities to our ReadyOp platform will allow us to increase revenue from our current clients and offer an enhanced package of capabilities and services to new clients." CLRI believes the acquisition is accretive to Cleartronic Inc.'s operations and will provide greater programming capabilities from the new employees in addition to other acquired assets. About Cleartronic, Inc. (OTC PINK:CLRI) ($CLRI): Cleartronic, Inc. (OTCPINK:CLRI), through its primary operating subsidiary, ReadyOp Communications, offers ReadyOp as a Software as a Solution (SAAS) that integrates planning, operations, communications, visual displays, reporting forms, and more in a single web-based platform now in use nationwide and internationally. ReadyOp is used by government agencies, hospitals, ports, airports, first responders, schools and universities, companies, and unified commands for daily operations, alert and response actions, special event planning, incident management, and emergency response and recovery. ReadyOp is simple to use and designed for fast, efficient access to information and the ability to plan, coordinate, direct, and communicate with multiple persons, groups, agencies, and locations. www.cleartronic.com & www.readyop.com. Safe Harbor Statement This new release contains statements that involve expectations, plans, or intentions (such as those relating to future business or financial results) and other factors discussed from time to time in the Company's Securities and Exchange Commission filings. These statements are forward-looking and subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," should," "expect," "anticipate," "believe," "estimate,"

BOCA RATON, Fla., Aug. 16, 2022 (GLOBE NEWSWIRE) -- Cleartronic, Inc. (OTCPINK: CLRI) released its 2022 third quarter financial statements for the nine months ended June 30, 2022. Cleartronic, Inc. (the “Company”) reports its tenth consecutive quarter of profitability, highlighted by the third quarter’s performance for the nine months ended June 30, 2022, where the Company posted an increase of 25% in gross profit and an increase in net income of 94% as compared to the same period for June 2021. For the three months ended June 30, 2022, we reported an increase of 28% in gross profit and an increase of 156% in net income as compared to the same period in 2021. Marc Moore, CEO of Cleartronic stated, “We are very pleased to again report increasing revenue, profitability, and addition of new clients, both private and government agencies. Our client retention rate is over 95% and our growth has been enhanced by clients continue to expand their use of our ReadyOp platform with new applications and using ReadyOp in new areas of their operations. During this latest quarter we released our new website, www.readyop.com, with more information about the ReadyOp platform and how it benefits clients. This will enhance our marketing efforts and enable us to present the many features and uses of ReadyOp. We also held our first ReadyOp Users Conference at the NASA Johnson Space Center in Houston, Texas. The successful three-day event was attended by clients from all over the country. Our plans are to begin hosting more of these conferences for training and the introduction of new features and capabilities in the ReadyOp platform.” The full 10-Q report for the nine months ended June 30, 2022, can be viewed at https://ir.stockpr.com/cleartronic/all-sec-filings#document-15119-0001091818-22-000108. About Cleartronic, Inc.:        Cleartronic, Inc. (OTCPINK: CLRI), a diversified holding company has been in business since 1999. The Company creates and acquires operating subsidiaries with the intended goals of manufacturing and selling products, services, and integrated systems to governmental agencies, private, not-for-profit businesses, and to the general public. In addition to its ongoing projects, Cleartronic continues its endeavors in research and development of new and expanded projects to support its overall service components, while operating and concentrating on its main operating subsidiary ReadyOp Communications, Inc. www.cleartronic.com &amp; <a href="https://www.glo

BOCA RATON, Fla., May 11, 2022 (GLOBE NEWSWIRE) -- Cleartronic, Inc. (CLRI: OTCPINK) released its 2022 second fiscal quarter (Q2) financial statements for the three months ended March 31, 2022. CLRI continues to show continued success with nine (9) consecutive quarters of profitable operations. Highlights of the Q2’s performance include revenues for the three months increased by 11%, including a 19% increase in recurring revenue from the ReadyOp platform as were added new clients and existing clients added revenue with their increased use during the quarter. The Company’s gross profit margin increased to 86%, again indicating the benefits for the ReadyOp platform increase. Income from Operations for the three months reached a record high, including a 48% increase when compared to the prior year’s second quarter. Revenue for the six months ended March 31, 2022, was up 23% over the prior year. The Gross Profit and Gross Profit Margin increased with the added new clients and increased use by existing clients. Income from Operations for the six months increased by 56% compared to the prior year’s six-month period. Marc Moore, CEO of Cleartronic (the “Company”), stated, “We continue to be pleased with the disciplined growth and consistent profitability in the expansion and use of our ReadyOp platform, especially during these periods of fluctuating economic activities. Through these challenging times, Cleartronic and ReadyOp™ have continued to expand their customer base with new businesses and government agencies, each showing their heightened interest in how the ReadyOp software platform benefits their operations. We are seeing a continuing increase in the number of new customers and growth in the use of ReadyOp by our current customers.” He further states, “We are very pleased with these results, especially the consistent growth in revenue and use of our ReadyOp platform. We have also worked diligently to improve and strengthen the Company’s Balance Sheet, reduced debt significantly and increased our cash position, putting us in a position to increase our marketing into new areas and in new partnerships with other companies.” The full 10-Q report for the three months ended March 31, 2022, can be viewed at https://ir.stockpr.com/cleartronic/all-sec-filings. About Cleartronic, Inc.  Cleartronic, Inc. (CLRI: OTCPINK), a diversified holding company, creates and acquires operating subsidiaries with the intended goals of manufacturing and selling products, services, and integrated systems to governmental agencies, private, and not-for-profit businesses, as well as to the general public. In addition to its ongoing projects, Cleartronic continues its endeavors to research and develop new and expanded projects to support its overall service components while operating and concentrating on its primary operating subsidiary ReadyOp Communications, Inc. - <a href="https://www.globenewswire.com/Tracker?data=ql05edHoJIrWPUtxLkQv9601ANogHZCipCwOdna-BJ_sPFSt48mRU8tw68g2A

BOCA RATON, Fla., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Cleartronic, Inc. (CLRI: OTCPINK) released its 2022 first fiscal quarter financial statements for the three months ended December 31, 2021. CLRI continues to show continued success with eight consecutive quarters of profitable operations. Marc Moore, CEO of Cleartronic (the “Company”), stated, “We are very pleased to demonstrate disciplined growth and consistent profitability with the expansion and use of our ReadyOp platform, especially during these periods of reduced and unstable economic activities nationwide due to the COVID-19 pandemic. Through these challenging times, Cleartronic and ReadyOp™ have continued to expand our customer base with new businesses and government agencies, each showing their heightened interest in how our ReadyOp software platform benefits their operations. We are seeing a sustained increase in the number of new customers and growth in the use of ReadyOp by our current customers. We continue to focus on strengthening our balance sheet by improving working capital and reducing debt.” Highlights of the First Quarter’s performance for the three months ended December 31, 2021, compared to the same period in December 2020, include an increase of 33% in Gross Profit and an increase in profit from Continuing Operations and Adjusted Net Income of 70%. The full 10-Q report for the three months ended December 31, 2021, can be viewed on the US SEC EDGAR Platform: www.sec.gov/edgar.shtml About Cleartronic, Inc.          Cleartronic, Inc. (CLRI: OTCPINK), a diversified holding company, creates and acquires operating subsidiaries with the intended goals of manufacturing and selling products, services, and integrated systems to governmental agencies, private, and not-for-profit businesses, as well as to the general public. In addition to its ongoing projects, Cleartronic continues its endeavors to research and develop new and expanded projects to support its overall service components while operating and concentrating on its primary operating subsidiary ReadyOp Communications, Inc. - www.cleartronic.com &amp; <a href="https://www.globenewswire.com/Tracker?data=NbS9jmHT2plr2wrmWl_h-xeZVO4kjefQX91wqLyStvRjq9CXqwTPolY9fqXE9JkrZdJZvyrlQfzRhYMlZuPPZg==" rel="nofollow" tar

BOCA RATON, Fla., Jan. 13, 2022 (GLOBE NEWSWIRE) -- Cleartronic, Inc. (CLRI: OTCPINK) released its 2021 fourth quarter, and year-end financial statements for the twelve months ended September 30, 2021. CLRI continues to show consecutive quarters and two years of continued profitability. Marc Moore, CEO of Cleartronic (the “Company”) stated, “We continue to be very pleased to demonstrate disciplined consistent growth and profitability with the expansion and utilization of our ReadyOp platform, especially during the current and prior periods of reduced and unstable economic activities nationwide due to the COVID-19 pandemic that impacts our nation. Through these economic issues, Cleartronic and ReadyOp continued to expand their customer base with new businesses and governmental agencies, showing their heightened interests in our ReadyOp software platform and the platforms’ ease in adjusting to current priorities and requests from our varied customers for immediate solutions. We are seeing an increase in the number of new customers as well as growth in the use of ReadyOp by our current customers. We also focused this past year on strengthening our balance sheet where we made excellent gains in increasing cash and assets while reducing debt.” Highlights of the Year End 2021 performance included an increase of 19% in the Company’s main product, ReadyOp, and an increase in profit from Continuing Operations of 57% despite the impact of the ongoing COVID-19 pandemic effect on sales and marketing efforts. The full 10-K report for the twelve months ended September 30, 2021, can be viewed on the US SEC EDGAR Platform: www.sec.gov/edgar.shtml About Cleartronic, Inc. Cleartronic, Inc. (CLRI:OTCPINK), a diversified holding company, creates and acquires operating subsidiaries with the intended goal of manufacturing and selling products, services, and integrated systems to governmental agencies, private and not-for-profit business enterprises, as well as the general public. In addition to its ongoing projects, Cleartronic continues its endeavors in research and development of new and expanded projects to support its overall service components, while operating and concentrating on its main operating subsidiary ReadyOp Communications, Inc. - www.cleartronic.com &amp; www.readyop.com. Safe Harbor Statement This new release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results) and other factors discussed from time to time in the Company’s Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks an

BOCA RATON, Fla., Aug. 24, 2021 (GLOBE NEWSWIRE) -- Cleartronic, Inc. (CLRI:OTCPINK) on Monday, August 16, 2021 released its 2021 third quarter financial statements for the nine months ended, June 30, 2021. CLRI now shows six consecutive quarters of profitability. Marc Moore, CEO of Cleartronic states, “We are very pleased to have consistent growth and profitability, especially during this period of reduced economic activities nationwide due to COVID. Our growth and profitability are generated primarily from our ReadyOp platform and demonstrates the value that ReadyOp means to our clients. In addition to adding new clients, revenue from renewals of many existing clients grew as the clients increased their use of ReadyOp in their operations. Along with increased revenue from our ReadyOp platform, we were able to improve our balance sheet and cash flow.” The full 10-Q report for the nine months ended June 30, 2021 can be view on the USSEC Edgar system. About Cleartronic, Inc. Cleartronic, Inc., a diversified holding Company, creates and acquires operating subsidiaries with the goal of manufacturing and selling products, services, and integrated systems to government agencies, business enterprises, and the general public. In addition to its ongoing research and development projects, Cleartronic currently has one operating subsidiary, ReadyOp Communications, Inc. www.cleartronic.com, www.readyop.com. Safe Harbor Statement This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results) and other factors discussed from time to time in the Company's Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties so that actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "intend," "plan" and other similar expressions. Our actual results could differ materially from those anticipated in these forward-looking statements because of certain factors not within the control of the company. The Company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The Company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. Contact and Inquiries for Investor Relations: Larry Reid 561-939-3300 Ext 143 A photo accompanying this announcement is available at <a href="https://www.globenewswire.com/Tracker?data=E6AFS2WA3nSWK47g7rzmgFTpNb9lYUVjprQ3AgLOteNmEZ3r68LezjTihTY93dlB2sb66ykM1drXPyTD1J4mpmCjNOF4GYxH08BeEiWGsrU2_mKrqwXL7EpjIeqVH_RPom2cMEPdPeTIu6YjUJJCvFLOiMzHVUy5NrT4zpeOt_Qf-ALfoaRCmaU7A2wJhYxFYCCu9r5GAKfQOOsxMWFwZJZuOTwEHB3qofrWr

BOCA RATON, Fla., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Boca Raton, FL- Cleartronic, Inc. (CLRI: OTCPINK), last week, released its 2020 Year End financial statements in its Form 10-K. The Company showed continued growth in revenue and profit despite the effects of COVID-19 on the nation’s economy. Revenue for the twelve months increased by 50% over revenue for the prior year. This increase was primarily due to increases in the number of customers of the ReadyOp / ReadyMed software platform. Even with the increase in revenue, the Company’s operating expenses decreased approximately 10% in 2020, as the Company had reduced travel costs and implemented new operating efficiencies. Income from continuing operations for the year 2020 was $230,205 versus a loss of $72,051 for the prior year. EBITDA from continuing operations was $250,412 in 2020 as compared to $19,062 in 2019, a 1,214% increase. “We are very pleased to report these results,” said Marc Moore, the Company’s Chief Executive Officer. “It was a more challenging year for marketing and operations due to COVID-19, but our focus on increasing revenue and profitability while managing our costs showed excellent progress. We were also able to strengthen our balance sheet, setting the stage for continued growth and market opportunities.” About Cleartronic, Inc . Cleartronic, Inc. (OTCPK: CLRI) is a technology holding company that creates and acquires operating subsidiaries to develop, manufacture and sell products, services and integrated systems to government agencies and business enterprises. For more information: www.cleartronic.com. Safe Harbor Statement This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results) and other factors discussed from time to time in the Company's Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties so that actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "intend," "plan" and other similar expressions. Our actual results could differ materially from those anticipated in these forward-looking statements because of certain factors not within the control of the company. The Company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The Company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. Contact and Inquiries for Investor Relations: Larry Reid 561-549-9061 A photo accompanying this announcement is available at <a href="https://www.globenewswire.com/Tracker?data=3WCCTFFdEWBT1jsXGFU4tqoi0NflrgopA-fn4yFKS9LZG7SROF5UUUbt9grcfqYkXOFkmNphYCFsD9-QQAwg_-ZvgbNnlDQj_PRAevXHHJTjZgWL7XSf2HW2pGxoBMcnSihqSHi1RK0WDum4Tebzn_I_Moppu1d-1ACHAPKyPteJ_pT3ySw4CrA-lqc6GHlUlSBpcr_LYxmheJrGpVzGiv1