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Gold/Mining/Energy : Eicon Technologies - Montreal exchange -- Ignore unavailable to you. Want to Upgrade?

To: Gilbert Drapeau who wrote (250)	2/3/2000 9:29:00 AM
From: Gilbert Drapeau	Read Replies (1) \| Respond to of 295

Eicon Technology Reports Record Sales for Fiscal 2000 Second Quarter FEBRUARY 3, 2000 MONTREAL, QUEBEC, CANADA--Eicon Technology announced today that sales for its second quarter, ended December 31, 1999 increased by 27 % over last year to $55 million. Net income amounted to $824,000 or $0.02 per share for the quarter, in line with Eicon's preliminary announced results, compared to $2.5 million or $0.08 a share for the same period last year. Strong sales growth was fuelled by European DIVA ISDN product sales, which totalled $37.8 million, a 60 % increase over last year and up 43 % sequentially, representing 69 % of total second quarter sales. WAN products sales amounted to $14.2 million, down 2 % from the same period last year. "The strength of our DIVA ISDN sales pushed total sales to a new record level," said Peter Brojde, President and CEO of Eicon Technology. "In spite of lower than anticipated earnings, we are confident that Eicon's strong positioning in the ISDN market and its entry into the DSL market will allow it to benefit from the tremendous demand for fast and secure Internet access. Teaming up with industry leading companies such as Alcatel and SSH Communications further enhances our ADSL capabilities." Eicon Technology Corporation Eicon Technology Corporation is a world-wide provider of remote access products for personal computers. The Company develops, markets, and supports hardware and software products for connecting network servers and desktop and notebook PCs to corporate networks, host computers, and the Internet. Its products are sold in more than 80 countries through a network of certified channel partners and Original Equipment Manufacturers. Eicon Technology shares are traded on the Toronto Stock Exchange under the symbol "EIC". Information about Eicon and its products is available at eicon.com.