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Correction - Optio Software Reports Fourth Quarter and Fiscal Year 2003 Financial Results.


Business Editors/High-Tech Writers

ATLANTA--(BUSINESS WIRE)--May 2, 2003

On May 1, 2003, Optio Software, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
.CC OPTO OPTO Optical
OPTO One Person Train Operation (transportation) 
.BB) issued a press release to report the results for its fourth quarter and fiscal year ended January 31, 2003.

In that press release, in the third paragraph under the heading "Fourth Quarter Results", the release refers to a fourth quarter loss from discontinued operations Discontinued operations

Divisions of a business that have been sold or written off and that no longer are maintained by the business.
 of $132,000. This number should be $89,000. In addition, under the heading "Pro Forma As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts.

The phrase pro forma
 Fourth Quarter Results," the release refers to the percentage improvement in pro forma net loss for the fourth quarter of 2003 as compared to the third quarter of 2003 and the fourth quarter of 2002, as a "17%" improvement and a "712%" improvement, respectively. Correctly computed, these changes actually represent a 15% improvement and a 69% improvement, respectively.
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Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 2, 2003
Words:139
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