Xten Networks, Inc. Announces Filing of Quarterly Report
07 12월 2004 - 3:11AM
PR Newswire (US)
Xten Networks, Inc. Announces Filing of Quarterly Report SANTA
CLARA, CA, Dec. 6 /PRNewswire-FirstCall/ -- Xten (OTCBB: XNWK), a
provider of VoIP (Voice over IP), Video over IP, Instant Messaging,
and Presence SIP softphones, today reported record revenues for the
quarter ended October 31, 2004 of $677,364 compared to $487,151 for
the quarter ended July 31, 2004, a 39% revenue increase
quarter-over-quarter. Financial Highlights for the Second Quarter
2005 - Increase of revenue by 583% to $677,364 (Q2 2004: $116,014)
- Net loss of $198,275 (Q2 2004: $25,938) Financial Highlights for
the First Six Months 2005 - Increase of revenue by 347% to
$1,164,515 (6M 2004: $335,036) - Net loss of $397,932 (6M 2004:
$54,904) The Company's Quarterly Report on Form 10-QSB including
consolidated balance sheet and statement of operations for the
second quarter of fiscal 2005 - the three month period ended
October 31, 2004 - was filed and is available for viewing at
http://www.sec.gov/. "Our performance of the recent quarter is in
line with our expectations for the upcoming year, both financially
and strategically," said Mark Bruk, chief executive officer of Xten
Networks, Inc. "Our established products continued to perform very
well during the quarter and we are experiencing significant
interest in our latest product release, eyeBeam. With product now
in over 20 countries we expect that we can continue to increase our
market share," added Bruk. About Xten Networks, Inc. Xten is a
developer of award-winning, high-quality, carrier-grade VoIP (Voice
over IP) and Video over IP SIP softphones for service providers,
cable operators, Internet telephony service providers, IP PBX
manufacturers and OEMs. Xten has a feature-rich FREE SIP softphone
dubbed X-Lite, in addition to the fully featured X-PRO commercial
softphone and eyeBeam, a SIP Video over IP softphone. Through its
deployments with leading service providers, Xten has more than
500,000 IP endpoints deployed worldwide. For more information
please visit http://www.xten.com/. You may also visit Xten COO,
Erik Lagerway's blog at http://www.sipthat.com/. For more
information, contact: Investor Relations Public Relations Mark Bruk
Justin Siefert Xten Networks, Inc. Calysto Communications
408.876.4344 404.266.2060 x20 DATASOURCE: Xten Networks Inc.
CONTACT: Investor Relations, Mark Bruk, Xten Networks, Inc., (408)
876-4344, ; Public Relations, Justin Siefert, Calysto
Communications, (404) 266-2060 x20,
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