Nexland - internet sharing & firewall devices otcbb XLND Message Board

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Microcap & Penny Stocks : Nexland - internet sharing & firewall devices otcbb XLND

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To: d:oug who started this subject	8/20/2002 4:23:42 AM
From: d:oug	Read Replies (1) of 58

Reports Strong Year-Over-Year Results for 2nd Quarter stockhouse.com Aug 14, 2002 (BUSINESS WIRE) -- ... [revenues] for the three months ending June 30th, 2002 were $1,822,234, an increase... principally due to an 82% increase in unit shipments... Commenting on these results, Gregory S. Levine, Chief Executive Officer and President said: "We are pleased to report for the quarter and six months just ended, record sales, strong gross margins, and reduced operating expenses. As previously announced, the company also completed the redemption of $255,000 of convertible debentures this past quarter, and intends to continue this trend of strengthening the company's balance sheet during the remainder of 2002. . The pending launch of our new... is expected to complement our existing product lines with its additional functionality, and attempt to diversify our revenue streams in the coming months." Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" as defined in... Copyright (C) 2002 Business Wire. News provided by Comtex © 2002 StockHouse.com

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