ISCO International Announces Quarter Update
Friday September 8, 9:45 am ET
ELK GROVE VILLAGE, IL--(MARKET WIRE)--Sep 8, 2006 -- ISCO International, Inc. (AMEX:ISO - News), a leading global supplier of radio-frequency management and interference-control systems for the wireless telecommunications industry, provided an update on its fiscal third quarter.
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"We entered the third quarter with a healthy $1.8 million backlog, and have received more than $3 million in new orders thus far during the third quarter," said John Thode, President and Chief Executive Officer of ISCO. "We look to continue our trajectory and exceed expectations with a strong third quarter.
"This is what we have been talking about for the past year -- growing the existing business while investing in significant growth initiatives. We are seeing the first of those initiatives now in the marketplace with our digital ANF platform (dANF), and recently funded development activities for a fully digital product that we expect to greatly expand our addressable market. Based on feedback thus far, we believe the marketplace has both the need and interest for this type of solution," said Thode.
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