BreezeCOM Ltd. Announces Expected Sales And Net Income For Second Quarter 2000.Business & Technology Editors TEL AVIV Tel Aviv (tĕl əvēv`), city (1994 pop. 355,200), W central Israel, on the Mediterranean Sea. Oficially named Tel Aviv–Jaffa, it is Israel's commercial, financial, communications, and cultural center and the core of its largest , Israel--(BUSINESS WIRE)--July 14, 2000 BreezeCOM Ltd. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BRZE) today announced that, based upon preliminary review of its financial results, it expects that sales for the second quarter ended June 30, 2000 will be approximately $24.5 million and that net income will be approximately $2.5 million. These estimates are preliminary in nature only, and are subject to completion of various internal analyses and procedures necessary to finalize review of the results of operations for the second quarter ended June 30, 2000. BreezeCOM intends to announce its final results on July 31, 2000. For the comparable quarterly period last year, BreezeCOM had sales of $10.3 million and a net loss of $1.5 million. About BreezeCOM BreezeCOM is a leading developer and manufacturer of broadband wireless access products and wireless LANs, targeted to public operators, ISPs and private enterprises. BreezeCOM products employ broadband, narrowband and spread spectrum radios, digital signal processing See DSP. Digital Signal Processing - (DSP) Computer manipulation of analog signals (commonly sound or image) which have been converted to digital form (sampled). (DSP (1) (Digital Signal Processor) A special-purpose CPU used for digital signal processing applications (see definition #2 below). It provides ultra-fast instruction sequences, such as shift and add, and multiply and add, which are commonly used in math-intensive ) modems and point-to-multipoint wireless packet switching technologies optimized for high-speed Internet access. This press release contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the industry, changes in demand for products, the timing and cancellation of orders and other risks detailed from time to time in BreezeCOM's filing with the Securities and Exchange Commission, including BreezeCOM's Form F-1. This release and prior releases are available on the KCSA KCSA Krannert Center Student Association KCSA Kentucky Crushed Stone Association (Frankfort, KY) KCSA Kyiv City State Administration KCSA Kalamazoo Christian School Association KCSA Kentucky-Canadian Studies Association Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Worldwide website at www.kcsa.com. |
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