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To: Sergio H who wrote (23729)	5/7/2007 1:26:22 PM
From: ~digs	Read Replies (1) \| Respond to of 23958

IAIC.ob - Thursday March 29, 9:00 am ET Information Analysis Inc. Announces Fourth Quarter Results biz.yahoo.com FAIRFAX, Va.--(BUSINESS WIRE)--Information Analysis Inc. today reported results for the fourth quarter and full year ended December 31, 2006. Revenues were $2,002,000, compared to $2,950,000 reported in the fourth quarter 2005. The Information Technology services company reported net income of $106,000 or $0.01 per share basic and diluted, compared to net income of $261,000 or $0.02 per share basic and diluted in the comparable period in 2005. For the year ended December 31, 2006, IAI posted revenue of $9,459,000 and net income of $502,000, or $0.05 per share basic and $0.04 diluted. The Company reported revenue of $10,772,000 and net income of $732,000 or $0.07 per share basic and diluted for the year ended December 31, 2005. "We experienced a downturn of revenues in 2006 as a result of delays in the government ordering process," said Sandor Rosenberg, Chairman and Chief Executive Officer of IAI. "During the past few years we were able to reach financial stability, which has allowed us to plan for future growth. We have been working diligently on building a larger pipeline. This is expected to add additional revenue during 2007 and future years. We continue to see more opportunities through our Adobe relationship that should enhance our future business. "We are continuing too pursue merger/acquisition opportunities with other organizations."