Printer Friendly

CYCOMM INTERNATIONAL INC. POSTS FIRST QUARTER RESULTS

 VANCOUVER, British Columbia, Oct. 29 /PRNewswire/ -- Cycomm International Inc. (AMEX: CYI) posted an increase in product revenue and operating expenses for the first quarter ended Aug. 31, 1993. The sales increase was due, in part, to initial shipments of the company's cellular privacy products to end users and the release of products to GEC-Marconi under a previously disclosed distribution agreement. Net sales totaled $215,721, an increase of $190,276 over the same period for the previous year. The company's operating loss for the first quarter was $1,545,424 or $.14 per share.
 Cycomm International Inc. and its subsidiaries develop and market unique telecommunications products for the prevention of toll fraud and interception of voice and data communications. These products are based in a proprietary signal processing and encryption technologies.
 -0- 10/29/93
 /CONTACT: Isaac Moss of Cycomm International Inc., 604-684-7200, or Thomas Redington of Redington, Inc., 203-222-7399, or 212-926-1733/
 (CYI)


CO: Cycomm International Inc. ST: British Columbia IN: TLS SU: ERN

WB-LD -- NY090 -- 8707 10/29/93 16:59 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Oct 29, 1993
Words:173
Previous Article:MOTOROLA DIRECTORS AFFIRM INTERIM CEO APPOINTMENTS
Next Article:MICHAEL BATES, FORMER RTZ EXECUTIVE, JOINS LAC MINERALS TO HEAD NORTH AMERICAN BUSINESS UNIT
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters