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Technology Stocks : PLPT: Pulsepoint Communications (previously DGSD) -- Ignore unavailable to you. Want to Upgrade?

To: CoastalAccess who wrote (592)	4/20/1999 6:05:00 PM
From: Vendit™	Read Replies (1) \| Respond to of 614

PulsePoint Communications Reports First Quarter Results CARPINTERIA, Calif.--(BUSINESS WIRE)--April 20, 1999--PulsePoint Communications(tm) (Nasdaq:PLPT - news), a leading supplier of enhanced services solutions to the telecommunications industry, today announced results for the first quarter ended March 31, 1999. Net sales for the first quarter ended March 31, 1999 were $7.1 million, a 69% increase compared with the $4.2 million reported for the quarter ended March 31, 1998. For the quarter, the company had a net loss of $1.7 million or 33 cents per share, a 52% improvement compared with a net loss of $3.6 million or 71 cents per share reported in the same quarter a year ago. ''We are pleased to report another quarter of improvement,'' said B. Robert Suh, PulsePoint Communications' vice president and chief financial officer. ''Compared to a year ago, we have grown our revenue and cut our losses by more than half, while at the same time, continually invested in our long-term initiatives,'' Suh concluded. During the quarter, the company reached a significant milestone when its new PulsePoint(tm) Enhanced Application Platform completed a period of thorough testing and became officially ''standardized'' by GTE Corporation (NYSE:GTE - news). Later in the quarter, the company announced general availability of the PulsePoint Enhanced Application Platform, signifying broad availability of the industry's first carrier-grade and standards-based, open-system enhanced application platform. Also during the quarter, Leap Wireless International, Inc. (Nasdaq:LWIN - news) and the company announced an agreement to work toward establishing PulsePoint Communications as the primary supplier of voicemail and unified messaging solutions for Leap's new networks worldwide.