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Strategies & Market Trends : Greater China Junior Stocks

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To: Julius Wong who started this subject	10/21/2003 11:19:26 PM
From: Julius Wong	of 1992

Spectrum Signal Processing Announces Third Quarter Results BURNABY, British Columbia--(BUSINESS WIRE)--Oct. 20, 2003--Spectrum Signal Processing Inc. (NASDAQ: SSPI / TSX: SSY) a leading provider of high performance wireless signal processing and packet-voice solutions, today announced its financial results for the third quarter ended September 30, 2003. Spectrum reports all results in U.S. dollars and in accordance with U.S. GAAP. ADVERTISEMENT For the quarter ended September 30, 2003, Spectrum recorded sales of $5.1 million, up 25% from the prior quarter and up 8% from sales of $4.7 million in the third quarter of 2002. Wireless product sales were $4.8 million for the third quarter of 2003 and reflect stronger flexComm(TM) new product and legacy sales compared to the second quarter. Packet-voice product sales were $333,000 for the third quarter of 2003, a decrease of $1.5 million over the second quarter as a result of variations in demand caused by early stage product deployment at UTStarcom. biz.yahoo.com

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