Voice Mobility gains strength

Published: August 15th, 2009

Vancouver’s Voice Mobility International,which makes unified communications software solutions, said it chalkedup a comprensive income of $1.3 million (net income of $2 million minusforeign exchange losses) in the second quarter on sales of just under$733,000.

That compares to a comprehensive loss of $1 million on salesof $43,000 for the same period a year ago. It marks a significant turnaround for the company.

For the first six months of this year VMI hadcomprehensive income of just over $1 million, compared to a $1.6million loss for the first six months of 2008. Last month the companyissued covertable shares to seven people to wipe out $6.7 million inpromisory notes.

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