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CORRECTION FROM SOURCE: Trojan Technologies Inc.


Business Editors

LONDON London, city, Canada
London, city (1991 pop. 303,165), SE Ont., Canada, on the Thames River. The site was chosen in 1792 by Governor Simcoe to be the capital of Upper Canada, but York was made capital instead. London was settled in 1826.
 & ONTARIO, Canada--(BUSINESS WIRE)--Jan. 22, 2002

Trojan A program that appears legitimate, but performs some illicit activity when it is run. It may be used to locate password information or make the system more vulnerable to future entry or simply destroy programs or data on the hard disk.  Technologies(TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:TUV (Technischer Überwachungs-Verein) Literally "Technical Watch-Over Association." A German certifying body involved with product safety for the European community. .) In the press release announcing results for the quarter ended November 30, 2001 sent at 11.09 EST EST electroshock therapy.

EST
abbr.
electroshock therapy
 on January 16th, 2002, an error occurred in note 7 to the unaudited financial statements. Corrected copy follows.

7. SEGMENT INFORMATION (in thousands of dollars)

Trojan operates worldwide in five strategic business units: municipal wastewater, municipal drinking water drinking water

supply of water available to animals for drinking supplied via nipples, in troughs, dams, ponds and larger natural water sources; an insufficient supply leads to dehydration; it can be the source of infection, e.g. leptospirosis, salmonellosis, or of poisoning, e.g.
, environmental contaminant contaminant /con·tam·i·nant/ (kon-tam´in-int) something that causes contamination.

contaminant

something that causes contamination.
 treatment, industrial /commercial and Residential. The Municipal Wastewater division sells and services UV systems that serve as the final step in municipal wastewater treatment that destroy potentially harmful bacteria and viruses prior to discharge into the environment. The Municipal Drinking Water division sells UV systems for use in potable potable /pot·a·ble/ (po´tah-b'l) fit to drink.

po·ta·ble
adj.
Fit to drink; drinkable.



potable

fit to drink.
 water treatment prior to release into public water distribution networks. The Environmental Contaminant Treatment division sells optimized UV light treatment systems to destroy certain chemicals in contaminated contaminated,
v 1. made radioactive by the addition of small quantities of radioactive material.
2. made contaminated by adding infective or radiographic materials.
3. an infective surface or object.
 ground water supplies and to provide an additional barrier against organic micro pollutants pollutants

see environmental pollution.
. The Industrial/Commercial division sells UV products that destroy microorganisms Microorganisms
Microscopic organisms, such as bacteria, viruses, algae and fungi.

Mentioned in: Animal Bite Infections
 in water and other liquids used in many industrial processes. The Residential division sells UV products for disinfection disinfection,
n the process of destroying pathogenic organisms or rendering them inert.

disinfection, full oral cavity,
n a procedure used to reduce active periodontal disease, usually completed within a certain short time frame.
 of private water supplies for homes, cottages, farms, rural commercial establishments and resorts.


                 Three months ended November 30, 2001
--------------------------------------------------------------------
                            Municipal      Municipal    Environmental
                            Wastewater     Drinking      Contaminant
                                            Water         Treatment
                                 $            $                $
--------------------------------------------------------------------
Revenue                      12,756.6        759.2          1,762.1
--------------------------------------------------------------------
Net contribution              2,017.9        139.2            494.8
--------------------------------------------------------------------

--------------------------------------------------------------------
                           Industrial/    Residential        Total
                           Commercial
                                 $            $                $
--------------------------------------------------------------------
Revenue                       2,142.3      1,136.0         18,556.2
--------------------------------------------------------------------
Net contribution                493.6        308.3          3,453.8
--------------------------------------------------------------------


                 Three months ended November 30, 2000
--------------------------------------------------------------------
                   Municipal  Industrial/  Residential       Total
                  Wastewater  Commercial
                      $            $             $             $
--------------------------------------------------------------------
Revenue           16,059.0      1,118.5       1,241.0      18,418.5
--------------------------------------------------------------------
Net contribution   2,540.9        194.8         320.5       3,056.2
--------------------------------------------------------------------

      Net contribution is defined as gross margin less selling expenses.


           Reconciliation of net contribution to net loss:
                                               2001          2000
                                                 $             $
--------------------------------------------------------------------
Total net contribution                        3,453.8       3,056.2
Less
 Administrative expenses                      2,007.9       1,855.3
 Research and development                       950.2         929.2
 Interest on long-term debt                     121.6          68.7
 Interest and bank charges                      340.5         447.7
 Amortization                                   700.9         764.4
 Interest income                                 (9.9)        (34.7)
 Income from equity investment                  (95.0)       (195.0)
--------------------------------------------------------------------
Operating loss                                 (562.4)       (779.6)
Income taxes                                   (150.0)       (190.0)
--------------------------------------------------------------------
Net loss                                       (412.4)       (589.6)
--------------------------------------------------------------------
--------------------------------------------------------------------
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 22, 2002
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