In case anyone is interested. Another excuse for no revenues?
Warp 10 Technologies Inc. Announces First Quarter Results
TORONTO, Dec. 29 /CNW-PRN/ - WARP 10 TECHNOLOGIES INC. (NASDAQ: WARPF),
(CDN: WARP) today announced results for the first quarter ended October 31,
1997 as follows:
Three months ended October 31, 1997 1996
($U.S) ($U.S.)
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Sales $125,237 $494,707
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Net loss $(717,868) $(1,081,469)
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Loss per share $(0.03) $(0.04)
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Revenues for the first quarter were $125,237 compared to $494,707 for the
same period last year. Net loss for the first quarter was $717,868 or $0.03
per share, versus a net loss of $1,081,469 or $0.04 per share, for the first
quarter of 1996.
Commenting on the results, Marvin Igelman, Chairman and CEO of Warp10
said, ''In the first quarter we began training activities with our recently
secured North American resellers for System Accelerator so that in the ensuing
quarters they would be ready to sell our product.''
Warp10 Technologies Inc. develops and markets software solutions to
optimize, manage and distribute image, audio and text files - known as
''digital assets'' - over computer networks, intranets and the Internet. The
Company's applications are designed to assist media-rich industries with the
creation, archiving, reproduction and recycling of digital assets. Warp 10
targets resellers and systems integrators that are involved in defining the
use of ''digital assets'' in vertical markets such as entertainment,
advertising, multimedia, entertainment, medical, educational and government |
