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Surge Components Announces Full Year Results

DEER PARK, N.Y. — Surge Components, Incorporated (OTC-BBO:SPRS), announced 2010 year end financial results. The company's annual sales for 2010 were $22 million, as compared to $13 million in 2009. The company posted net income of 2 million, or $0.16 per diluted common share for year end 2010, as compared to $316,000, or $0.03 per diluted common share in 2009. Management is encouraged by the growth in 2010, and looks forward to the future with cautious optimism commented Ira Levy President/ CEO.

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