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Oridion Systems

Medical device company revenues increased 24% in second quarter of 2005

Published in Telemedicine Business Week, September 21st, 2005

Oridion Systems Ltd. (ORIDN) continued to achieve strong revenues growth during the second quarter of 2005.

Consolidated revenues increased to USD 6.86 million for that period, up 24% from the amount achieved during the second quarter of 2004. The consolidated net result for the second quarter of 2005 was close to break-even with a net loss of USD 0.31 million, while the Capnography business had a small operating profit. The company expects the significant improvements in its financial results to continue during 2005.

Revenues for the second quarter 2005 amounted to USD 6.86 million, representing an increase of 24% from USD 5.53 million for the...

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