Cirque announces first quarter results; Growth in GlidePoint products drive eight consecutive quarters of profitability.SALT LAKE CITY--(BUSINESS WIRE)--Oct. 29, 1996--Cirque Corp. Tuesday Tuesday: see week. announced results for the first fiscal quarter ended Sept. 30, 1996. Revenue increased to 156 percent of that reported for the comparative period one year earlier. The company also reported its eighth consecutive quarter of profitable operations with income before taxes of $179,000. "September September: see month. represented a real success for Cirque, as this otherwise slow period at the end of summer concluded with dramatic revenue gains for us," said Steve Chiaramonte, chief financial officer of Cirque Corp. "Our arrangement with Sam's Club Sam's Club is a membership-only warehouse club owned and operated by Wal-Mart Stores, Inc. History The first Sam's Club opened in April 1983 in Midwest City, Oklahoma in the United States.[1] Sam's Club is named after Sam Walton. called for the delivery of large numbers of our WaveKeyboard(TM), featuring GlidePoint products prominently in the important retail mainstream." Cirque, a privately-held Utah corporation, was founded in 1991 with a mission to provide intuitive and rich interfaces for direct fingertip fin·ger·tip n. The extreme end or tip of a finger. control of computers. By developing touchpad A stationary pointing device that provides a small, flat surface that you slide your finger over using the same movements as you would a mouse. You can tap on the pad's surface as an alternate to pressing one of the touchpad keys. See mouse, trackball and pointing stick. technology, Cirque created a new category of input devices. The company holds the patents for GlidePoint(R) technology and manufactures a broad product line of touchpads and touchpad modules for retail and OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and customers. Cirque currently licenses patented GlidePoint(R) technology to Alps Electric Inc. and other non-disclosed companies. Additional information on Cirque Corp. and the newly introduced Cirque Input Center(TM) can be obtained by calling 800/GLIDE-75 (800/454-3375) or by visiting the company's Web Site at http://www.glidepoint.com. CONTACT: Cirque Corp., Salt Lake City Steve Chiaramonte, 801/467-1100 x 115 Angela Keeney, 801/467-1100 x 147 (Media) |
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