Three months ended June 30, 2008
- Zi Corporation's (the "Company" or "Zi") total revenues were $2.7 million for the three months.
- Zi earned revenues from 48 licenses compared to 59 in the same period a year earlier.
- The net loss from continuing operations for the three months was $1.7 million, or a loss per share of $0.03, compared to a net loss of $1.1 million or a loss per share of $0.02 in 2007.
- The quarter was highlighted by important accomplishments and investments in the future, including:
- The United States Court of Appeals for the Federal Circuit determined that the United States District Court had ruled correctly in the matter of the lawsuit filed by The Board of Regents of the University of Texas System when the United States District Court for the Western District of Texas issued a judgment in favor of the defendants.
- Signed a new contract with the Chinese telecommunications equipment manufacturer, ZTE Corporation for the delivery of Decuma Chinese and English.
- Showcased Zi’s innovative, multi-language text entry portfolio at the Symbian Summit Tokyo 2008 on July 17. Zi demonstrated its text entry solutions, eZiText and eZiType along with its award-winning handwriting recognition solution Decuma for the Japanese mobile market.
- Kyocera Corporation, a leading global handset manufacturer based in Japan, has chosen Zi’s eZiText and eZiType predictive text technologies for select devices within its advanced mobile phone portfolio. This deal not only continues Zi’s relationship with Kyocera, but also licenses Zi’s products on Kyocera’s Sanyo-branded mobile handsets worldwide.
- The availability of Zi’s innovative predictive text software for Hewlett Packard (“HP”) Multifunction Printers (“MFPs”). Zi’s software can be integrated onto selected HP LaserJet MFPs now being shipped across the globe.
All dollar amounts are in U.S. dollars and in accordance with accounting principles generally accepted in United States of America. This information should be read in conjunction with the Company's interim financial statements and notes. To review Zi Corporation's current financial reporting, please visit the Investor Library section.
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