Zi Corporation today announced the financial results for their first quarter ended March 31, 2008. Company Reduces Losses from Continuing Operations by 35% Over Same Period Last Year.
Zi Corporation's senior management will discuss Zi Corporation's results of operations for the first quarter ended March 31, 2008 during a conference call scheduled for Tuesday, May 13, 2008, at 11:00 a.m. Eastern.
Qix will be offered as a download version to T-Mobile customers in the UK. Qix will be available on select device models on the T-Mobile network effective immediately.
Lenovo Mobile, one of China's leading handset manufacturers, has again chosen Zi Corporation's eZiText predictive text technology for Lenovo's advanced mobile handset portfolio in China.
Zi successfully transferred $2.1 million in cash held in Zi's subsidiary in China to the Company. The $2.1 million cash is part of the $2.7 million reported in the Company's audited financial statements as Restricted Cash as of December 31, 2007.
Zi Corporation had record annual revenues in 2007 from its technology segment and the fourth quarter of 2007 had the highest quarterly revenues in the past 12 quarters.
Zi Corporation senior management will discuss their results of operations for the fourth quarter and year ended December 31, 2007 during a conference call scheduled for Tuesday, March 25, 2008.
TELUS and Zi Corporation will offer the mobile discovery solution Qix on select models of TELUS phones and PDAs. TELUS will be the first carrier in North America to offer the solution to its customers.
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