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Article: Rimage Corporation Reports 1996 Annual Results
- Article from:
- PR Newswire
- Article date:
- March 21, 1997
CopyrightCOPYRIGHT 1997 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MINNEAPOLIS, March 21 /PRNewswire/ -- Rimage Corporation (Nasdaq: RIMG) today reported its consolidated financial results for 1996. Rimage provides systems and services for publishing information on CD-R, CD-ROM, diskette and tape.
Effective September 29, 1995, Rimage Corporation (Rimage Systems) and Dunhill Software Services (Rimage Services) completed a merger. For financial reporting purposes, the merger was recorded using the pooling-of-interests method of accounting. Accordingly, the historical financial statements of Rimage for 1995 are restated to include the historical accounts and results of operations of Dunhill.
Revenues for 1996 were ...