Article: LION releases Q2 results.(Tech Newz)(Brief Article)

SEATTLE-BASED LION INC. ANNOUNCED ITS financial results for the second quarter ended June 30, 2003.

For the second quarter of 2003, revenue was $1,831,000, up 14 percent from $1,606,000 for the second quarter of 2002. Net income for the quarter was $131,000 as compared with a net loss of $325,000 for the same quarter in the prior year. The net loss for the prior year included $507,000 of settlement charges and legal fees related to litigation that was settled in July 2002.

For the six month period ended June 30, 2003, revenue increased to $3,618,000, up 16 percent from $3,117,000 for the same period in the prior year. Net income for the six-month period ...

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