(BUSINESS WIRE)--Heartland, Inc. (OTCBB:HTLJ) posted a profit of $401,756 on sales of $4,058,796 for the first three months of 2008. This compares favorably against a loss of $727,287 on sales of $3,401,070 for the same time period in 2007. The profit was generated from continued good performance at the Mound Technologies, Inc. subsidiary coupled with a reduction in corporate overhead expenses. Corporate controls are now in place to prevent excessive costs at the corporate level that have diluted profits in the past. Additionally, most of the costs associated with establishing Heartland, Inc. as an ongoing publicly traded business were absorbed in prior years.
Continued profitability should be the prevailing trend for Heartland, Inc. The backlog of profitable work continues to increase and presently extends well into the third quarter. New work is now being quoted for fourth quarter and early 2009 deliveries. Management is committed to maintaining the cost controls presently in place and is embarking on the business expansion planned by the board of directors. New opportunities are being evaluated to greatly increase sales and profitability without adding substantially to corporate expenses. We continue to be optimistic about the future for Heartland, Inc.