A U.S. expansion could increase the market opportunity for CriticalControl Solutions' current products such as as ProChart and ProTrend, says Industrial Alliance analyst Steve Li. New product launches and an expansion in the U.S have Industrial Alliance analyst Steve Li feeling bullish about CriticalControl Solutions (TSX:CCZ). On August 7th, CriticalControl reported its Q2, 2014 results. The company lost $110,000 on revenue of $12.7-million, up 6.6% from last year's Q2. "We are on track to bring to market, in the second half of 2014, the initiatives we have invested materially in over the past two years," said CEO Alykhan Mamdani. "The financing we completed in the second quarter provides us with additional flexibility for marketing and launching these initiatives, as well as continued expansion in the U.S. market." Li says CriticalControl's Q2 exceeded his expectations. He expected the company would post EBITDA of a $500,000 on revenue of $12.2-million. He notes that although the company reported a net loss of just over $100,000, it would have delivered adjusted net earnings of $500,000 if adjusted for none-recurring expenses, amortization of certain intangibles, and share based payments. The analyst says he is encouraged by the results and by the fact that management expects the launch of its new NetFlow product will have a shorter sales cycle than previous offerings. That, combined with the company's expressed interest in expanding expanding geographically into the U.S. could increase the market opportunity for current products such as as ProChart and ProTrend, he says. In a research update to clients yesterday, Li reiterated his "Speculative Buy" recommendation and one-year target of $1.00 on CriticalControl Solutions, implying a return of 108% at the time of publication.