-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OuETbns3uxmvKkANb4uQzGNIH/Crkeo+9oHThFBdqnj489r8Qqow8eAzRyLx4meL nriDO5gADJ6RCQvwKMi2AA== 0001140361-06-001983.txt : 20060210 0001140361-06-001983.hdr.sgml : 20060210 20060210082519 ACCESSION NUMBER: 0001140361-06-001983 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060209 ITEM INFORMATION: Results of Operations and Financial Condition FILED AS OF DATE: 20060210 DATE AS OF CHANGE: 20060210 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BLUEGATE CORP CENTRAL INDEX KEY: 0000768216 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 870565948 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-22711 FILM NUMBER: 06595382 BUSINESS ADDRESS: STREET 1: 701 NORTH POST OAK ROAD STREET 2: SUITE 630 CITY: HOUSTON STATE: TX ZIP: 77024 BUSINESS PHONE: 7136827400 MAIL ADDRESS: STREET 1: 701 NORTH POST OAK ROAD STREET 2: SUITE 630 CITY: HOUSTON STATE: TX ZIP: 77024 FORMER COMPANY: FORMER CONFORMED NAME: CRESCENT COMMUNICATIONS INC DATE OF NAME CHANGE: 20010921 FORMER COMPANY: FORMER CONFORMED NAME: BERENS INDUSTRIES INC DATE OF NAME CHANGE: 19990823 FORMER COMPANY: FORMER CONFORMED NAME: NATIONAL AIR CORP DATE OF NAME CHANGE: 19970521 8-K 1 form8-k.txt BLUEGATE CORPORATION 8-K 02-09-2006 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): FEBRUARY 9, 2006 BLUEGATE CORPORATION Exact name of registrant as specified in its Charter) Nevada 000-22711 76-0640970 (State or other (Commission File (IRS Employer jurisdiction of Incorporation) Number) Identification Number) 701 North Post Oak, Road, Suite 630, Houston, Texas 77024 (Address of principal executive offices) (Zip Code) Registrant's telephone number, Including Area Code: (713) 686-1100 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [_] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [_] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On February 8, 2006, we issued a press release which reports our preliminary forth quarter and annual revenue for 2005 and is furnished as Exhibit 99.1. EXHIBIT INDEX The following exhibits are furnished with this Form 8-K: Exhibit 99.1: Press Release of Bluegate Corp. Dated February 8, 2006. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BLUEGATE CORPORATION Date: February 9, 2006 /s/ Steven M. Plumb, CPA Steven M. Plumb Chief Financial Officer EX-99.1 2 ex99_1.txt EXHIBIT 99.1 Exhibit 99.1 BLUEGATE REPORTS PRELIMINARY FOURTH QUARTER REVENUE INCREASE OF 107% AND RECORD ANNUAL REVENUES FOR 2005 -- UP 109% HOUSTON, TX, USA - February 8, 2005 - Reporting preliminary financial results for the fourth quarter and year end 2005, Bluegate Corp. (OTCBB: BGAT), the nation's premier provider of outsourced healthcare IT solutions, professional technology consulting services and Bluegate Medical Grade Networks(TM), announced that consolidated revenues for the fourth quarter ended December 31, 2005 were $777,000, an increase of 107% over $375,000 of total revenues for the comparable period in 2004. Bluegate's 2005 annual consolidated revenues were $2.3 million, an increase of 109% over revenues of $1.1 million for 2004. During the third quarter of 2005, Bluegate acquired the business of Trilliant Corporation, an IT professional service consultant to hospitals and other large institutions. Strategically, Trilliant provides Bluegate an expanded health care IT solutions professional services capability to support Bluegate's growth in servicing its hospital, large medical practice and other centralized health care organizations (HCOs). The 2005 annual pro forma combined revenues of Trilliant and Bluegate would have been $3.0 million had the acquisition occurred on January 1, 2005. "We are pleased to announce that we more than doubled our revenue this past year over 2004," stated Manfred Sternberg, Bluegate CEO. "With the continued expansion of our sales pipeline of healthcare IT solutions and Medical Grade Networks to hospitals, physicians, HCOs and other healthcare providers, and third party health care vendor application installation and management services, we reaffirm our forecast of revenues between $6 million and $7 million in 2006 and $11 million and $12 million in 2007. We continue to forecast positive cash flow by the end of the second quarter of 2006 as set forth in our December guidance." "As public policy is accelerating the movement to electronic health records and the establishment of a National Healthcare Information Network (NHIN), there is growing recognition of the need for hospitals and medical practices to have secure medical grade networks and outsourced healthcare IT services," Sternberg stated. "These national health care initiatives simply cannot succeed without the involvement of the hospitals and their credentialed physicians, as well as independent physician practices. Bluegate is the leader in providing medical grade networks and outsourced healthcare IT services that enable secure communication between all points of the healthcare network -- from hospitals to physician offices, clinics and all points in between. Our operational focus for 2006 and 2007 continues to be the build out of the Houston market, and strategic expansion to additional markets in Texas and other regions of the country where there is rapidly increasing demand for our networks and services." ABOUT BLUEGATE Bluegate Corp. is an industry leader of outsourced healthcare IT solutions, Medical Grade Networks(TM) and remote management services. It provides IT consulting through its professional services division and HIPAA-compliant, turnkey managed security services and interoperability solutions across its Medical Grade Networks(TM) to hospitals, physicians, other healthcare facilities, RHIOs, HCOs and third-party solution providers. Bluegate is publicly traded on the over the counter bulletin board under the ticker symbol BGAT. For information, visit www.bluegate.com or call 713-686-1100. Safe Harbor This press release may contain "forward-looking statements." All statements, other than statements of fact, included in this release and without limitation statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. For Bluegate Media: Julie Shepherd, Accentuate PR, 815 479 1833, Julie@accentuatepr.com ---------------------- Investors: Jeremy Roe, Diablo Consultants, (925) 932-1100, jeremygroe@diabloconsultants.com -----END PRIVACY-ENHANCED MESSAGE-----