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VSM MedTech

VSM MedTech reports revenue of $3.9 million in Q2 2006 up 192% from $1.3 million in Q2 2006

Consolidated revenue for the second quarter of 2006 was $3.9 million, up 192% from $1.3 million for the same period in 2005. This growth was mainly attributable to revenue recognition of two MEG systems during the quarter, compared to negligible MEG product revenue recognized in the second quarter of 2005.

Consolidated net loss for the second quarter ended June 30, 2006 was $5.5 million compared with $3.8 million for the same period in 2005. Cash and cash...

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