Article: Mitek Systems Reports Operating Results for Second Quarter of Fiscal 2008.

New Product Launch, Customer Announcement Among Key Highlights

SAN DIEGO, May 13 /PRNewswire-FirstCall/ -- Mitek Systems, Inc. (BULLETIN BOARD: MITK) (http://www.miteksystems.com/), an innovator of image analytics and pattern recognition software, today announced financial results for the second quarter of fiscal 2008 ended March 31, 2008.

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Net sales were approximately $1.3 million in both the second quarter of fiscal 2008 and the second quarter in fiscal 2007. Gross margin for the second quarter of fiscal 2008 was 89%, compared with 92% for the same quarter last year. Total ...

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