Extended Systems Announces Preliminary Third Quarter Results

4/10/2002 - Extended Systems Inc. (Nasdaq: XTND), a leading provider of mobile information management (MIM) solutions, today announced preliminary results for its quarter ended March 31, 2002. For its third quarter of fiscal 2002, the company expects to report net revenue in the range of $6.3 million to $6.5 million, a decrease from the $6.8 million reported in the second quarter of fiscal 2002. The company expects to report a net loss of between $0.02 and $0.05 per share, an improvement over the net loss of $0.19 per share reported in the second quarter of fiscal 2002. Cash and cash equivalents are expected to be approximately $4.5 million as of March 31, 2002, compared to $4.1 million at December 31, 2001.

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