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In a release, the company stated:
- Second quarter 2008 revenues of $1,336,496 compared to $1,475,786 for the same period last year (All amounts in Canadian dollars).
- The company reported a net income for the three months ended June 30, of $13,194, compared to a net income of $66,629 for the comparable period last year.
"We continue to focus on the delivery of our innovative NTS product and the associated consulting services and training to implement the product and we are optimistic about the success of our product in the future," said Ashraf Zaghloul, CEO and Chairman of the Board of NTG Clarity. "As we look ahead, we are intent on increasing our market share in the telecom sector, expanding the software solutions, security and wireless areas of the business, and making further progress in the international marketplace."
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The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
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