OTC Bulletin Board

S & P Company Insight for XEDAR CORP

Business Summary: Xedar Corporation provides strategic consulting services, aerial imagery, and critical infrastructure information and systems.
  8310 South Valley Highway
  Suite 220
  Englewood , CO 80112
  Phone: 303-377-0033
  Website: http://www.xedarinc.com
  Ehrhardt Keefe Steiner & Hottman PC
Transfer Agent
  Computershare Trust Co., Inc.
Employees:  101
ShareHolders:  368
Founded:  1974
Domicile:  Colorado

Xedar Corporation provides strategic consulting services, aerial imagery, and critical infrastructure information and systems. The company's Information Technology Consulting segment provides strategic consulting services to the national intelligence community and the department of defense; and independent verification and validation, information assurance, and consulting services to various federal agencies. This segment serves the U.S. Agency for international development and the U.S. State Department as a subcontractor. Its Geographical Information Systems (GIS) segment collects digital aerial photographs of various areas within the United States through the ownership and lease of airplanes, processes these images to correct errors, links the images to form larger-scale imagery, enhances the resulting images, and sells them to commercial and government customers; and provides land database products and production services related to the creation or enhancement of land queries, reports, and digital maps. Its production services provide data editing and enhancement, scanning, data conversion, data integration, and custom mapping, which are used by the customers to convert existing GIS data into a digital format, extract information from aerial imagery, or to integrate disparate data sets. This segment serves the Bureau of Land Management, the Bureau of Reclamation, and the National Park Service, as well as oil and gas customers. Xedar Corporation markets its products and services through a Web site, a quarterly e-newsletter, attendance at trade shows, participation in trade associations, and an assortment of collateral materials. The company was founded in 1994 and is headquartered in Englewood, Colorado.
History:  INCORPORATED in Colorado May 6, 1974. December 31, 2006, merged PDS Acquisition Corp., a wholly owned subsidiary of the company, with Premier Data Services, Inc., a Delaware concern. To effect the merger, the company issued 14,082,871 shares of its Common upon the conversion of 13,685,018 Common and 2,685,253 Ser. A Preferred shares of Premier Data Services, Inc., based on a ratio of 0.78199 Common shares for each Premier Data Services Common share, and 1.25922 Common shares for each Premier Data Services Preferred share outstanding. The remaining 91,244 and 477,688 shares of Premier Data Services Common and Preferred respectively, were offered appraisal rights. Following the merger, Premier Data Services became a wholly owned subsidiary of the company. Premier Data Services, Inc. was incorporated in Delaware in 2001 as the successor to a Colorado concern formed in 1994. January 1, 2007, PDS GIS/LIS, a subsidiary of Premier Data Services, Inc., acquired all the membership interests of Land Links Company, Ltd., a New Mexico limited liability company, in exchange for 360,000 shares of the company's Common stock.
FuGEN, Inc.
Premier Data Services, Inc.


 Hugh Hardy Williamson, IIIChairman, President & Chief Executive Officer
 Steven Mark BraggSecretary, Treasurer, Chief Financial Officer & Chief Accounting Officer
 Mark  BernhardInvestor Relations Contact

 Samuel J. Camarata, Jr.
 Jack  Jacobs
 Trusten A. McArtor
 John P. Moreno
 Craig  Parker
 Alan Victor Rogers
 Roger J. Steinbecker
 Hugh Hardy Williamson, III
 Annual Report

Annual Report
Income Statement
Net sales17,75511,142
Cost of sales14,8917,713
Selling gen. & admin. exps.9,0817,909
Income tax2317
Interest expense21216
Discontd. opers.-74
Minority int.-72
Inc. fr. contng. opers.(6,452)(4,441)
Net income(6,452)(4,367)
Net income per share basic(0.24)(0.19)
Share earns. fr. contng. opers. basic-($0.19)
Discontd. opers. per share basic(0.24)Nil
Share earns. fr. contng. opers. basic(0.24)($0.19)
Discontd. opers. per share basic-Nil
Net income per share diluted(0.24)(0.19)
Balance Sheet
Cash & cash equiv.771432
Accounts receivable, net of allowance 2,6022,749
Unbilled revenues183182
Related party rec.-272
Other current assets230165
Tot. curr assets3,7863,800
Property and equipment, net1,8241,925
Goodwill 7,9397,954
Total assets21,48324,408
Notes pay.1,815459
Accts. pay.1,0621,126
Cap lease obligs143-
Accrued liabilities594637
Defr. revenue710639
Line of credit1,0001,321
Tot. curr. liabs.5,3244,182
Com. stk. n.p.27,30025,264
Retained earns.(12,283)(5,832)
Other stkholders equity(211)(202)
Unearned compensation(49)(98)
Total Stockholders' Equity14,75719,132
Total liabs. and equity21,48324,408
 * Effective Dec. 31 '06, Xedar Corporation acquired Premier Data Services, Inc. Transaction was acctd. for as a reverse acquis., with Premier Data Services, Inc. being deemed the acquiring company. Results reflect the opers. of Premier Data Services, Inc. for all periods presented.
 Interim Report

Interim Report   
Data Not Available
 Pro Forma Report

Pro Forma Report   
Data Not Available
 Quarterly Report

Quarterly Report Information   
Quarterly Revenue, US$
  2008   14,270,000
  2008   24,390,000
  2008   34,700,000
  2008   44,400,000
  2008   Full Year 17,760,000
  2007   11,530,000
  2007   22,780,000
  2007   32,610,000
  2007   44,220,000
  2007   Full Year 11,140,000
  2006   Full Year 6,240,000
Quarterly Net Income, US$
  2008   1(2,280,000)
  2008   2(1,420,000)
  2008   3(890,000)
  2008   4(1,860,000)
  2007   1(1,350,000)
  2007   2(500,000)
  2007   3(820,000)
  2007   4(1,700,000)
  2006   Full Year (610,000)
Quarterly EPS, US$
  2008   1(.09)
  2008   2(.05)
  2008   3(.03)
  2008   4(.07)
  2008   Full Year (.24)
  2007   1(.07)
  2007   2(.02)
  2007   3(.03)
  2007   4(.07)
  2007   Full Year (.19)
  2006   Full Year (.04)
 Stock Data

Capitalization as of 12/31/2008:
 Authorized SharesOutstanding Shares
Common no par50,000,00026,198,646
LONG TERM DEBT: $1,402,000.
Common no par
Stockholders:  03/03/2009, 368.
Transfer Agent:  Computershare Trust Co., Inc.   Golden , CO
OTC Bulletin Board( Primary): XDRC
OTC Bulletin Board20090.00000.0000
OTC Bulletin Board20082.75000.2400
OTC Bulletin Board20074.85001.8000
OTC Bulletin Board20062.59490.0865
DIVIDENDS: Common no par: No cash. Common split 1-for-8.649705 reverse, Jan. 3, 2007.